The federal government has proposed to increase the income tax rate for exporters by 1 percent on export proceeds, sources… Read More
Tax Rate on Imported LPG May Rise to 18%
The federal government has proposed to increase the sales tax rate on imported liquefied petroleum gas (LPG) from 10 percent… Read More
Budget 2024-25 Increases Capital Gains Tax on Real Estate to a Minimum of 15%
The 2024-25 budget has introduced significant changes to the taxation regime for capital gains, particularly affecting immovable property such as… Read More
PM Orders Pakistan’s First-Ever Health Tower in Islamabad
Prime Minister Shehbaz Sharif directed the establishment of Pakistan’s first-ever health tower in Islamabad. This state-of-the-art facility will house hospitals,… Read More
Govt Reduces Tax Benefit for Educational Institutes in Budget 2024-25
The federal government has proposed to restrict tax credit to 80 percent for educational institutions which are non-profit organizations (NPOs)… Read More
Salman Butt Reveals Why Iftikhar Ahmed Has Failed To Perform For Pakistan In 2024 T20 World Cup
Former Pakistani skipper Salman Butt identified the issues that have affected Iftikhar Ahmed’s batting performance. Butt pointed out that Ahmed’s… Read More
Budget Latest: Govt Likely to Impose 5% Sales Tax on Petroleum Products
Petrol, diesel and other fuel categories are expected to get more expensive as the federal government has proposed a 5… Read More
Late Return Filers Set to Face Additional Tax on Sale, Purchase of Property
The government is considering increasing withholding tax rate progressively on the sale and purchase of immovable property according to investment.… Read More
Govt Likely to Extend Withholding Tax Regime to All Sectors in Value Chain
The federal government is considering extending withholding tax regime to all sectors in the value chain. According to sources, currently,… Read More
Govt Likely to Impose Up to 45% Tax Rate on Non-Salaried, AOPs
The federal government has introduced revised slab tax rates for non-salaried persons and Associations of Persons (AOP) with the basic… Read More
Govt Considering Additional Tax Measures of Nearly Rs. 1.5 Trillion in FY25 Budget
The federal government is considering additional tax measures of nearly Rs. 1.5 trillion in the upcoming federal budget. According to… Read More
Faysal Bank Bags ‘Best Digital API’ Award at Pakistan Digital Awards 2024
Faysal Bank Limited’s (FBL) WhatsApp Banking Application has been honored with the ‘Best Digital API’ Award at the Pakistan Digital… Read More
