The Sensitive Price Indicator (SPI) for the week ended June 9, 2022, recorded a significant increase of 2.67 percent due… Read More
Govt Allocates Rs. 699 Billion for Subsidies in Budget 2022-23
The government has proposed to allocate Rs. 699 billion for giving subsidies to different sectors for providing relief to the… Read More
Govt Proposes Fixed Tax on Small Retailers Through Electricity Bills
A new Fixed Income and Sales Tax system has been proposed for the small retailers. In the budget 2022–23 presentation,… Read More
All New Schemes For IT Sector Dropped Due to Non-Availability of Funds
The Federal Government has dropped all new schemes for the IT sector due to financial constraints. According to documents available… Read More
New Income Tax Slabs Introduced for Salaried Class in Budget 2022-23
The new coalition government has introduced seven slabs of income tax on the salaried class in the country for the… Read More
Govt Imposes Taxes on IT Export Proceeds
The government has imposed a 0.25 percent tax on the export proceeds of computer software or IT services through Finance… Read More
Imam and Babar Inch Closer to Breaking Record of Yousuf and Younis
Imam-ul-Haq and Babar Azam have now added a 100-run partnership on 8 occasions to equal the record of Inzamam-ul-Haq and… Read More
These are Highlights and Salient Features of the Federal Budget 2022-23
Finance Minister Dr. Miftah Ismail presented the Federal Budget in the Parliament House for the fiscal year 2022-23. The total… Read More
Pakistan Faces Annual Tax Evasion of Rs. 3 Trillion: Miftah
Finance Minister Miftah Ismail Friday claimed that tax evasion in the country amounts to Rs. 3,000 billion annually. He made… Read More
Govt to Collect Rs. 50 Billion from 3G/4G License Renewal
The government has budgeted Rs. 50 billion for 3G/4G license renewal as well as 5G under the head of non-tax… Read More
KPL Star Makes His Way to English County Worcestershire
Worcestershire have signed middle-order batter Kashif Ali on a short-term contract until the end of the 2022 season, after an… Read More
Govt Imposes New Tax on All Cars With Prices Over Rs. 5 Million
The government is doubling down on curbing the sales and purchases of ‘luxury’ cars in Pakistan. Along with a 100… Read More
