The federal government has decided to increase the Withholding Tax (WHT) on international credit card transactions from 1 percent to… Read More
Govt Announces Tax Relief for Freelancers, IT Sector and Bank Loans
The federal government has decided to reduce tax rates on investments in the IT sector, offer tax breaks to freelancers,… Read More
Ishaq Dar to Present Federal Budget 2023-24 Today
Finance Minister Ishaq Dar will present the federal budget 2023-24 in parliament today at 4 PM. The Rs. 14.5-14.7 trillion… Read More
KP Launches Raabta App to Streamline Driving License Services
The Khyber Pakhtunkhwa Information Technology Board (KPITB) has announced the launch of Raabta, a groundbreaking mobile application designed to transform… Read More
Govt Has Given Over Rs. 2.2 Trillion in Tax Exemptions So Far in FY23
The Federal Board of Revenue (FBR) has suffered a massive revenue loss of Rs. 2,239 billion in 2022-23 on account… Read More
Pakistan Spent Just 1.7% of GDP on Education in FY23
The cumulative education expenditures by federal and provincial governments in the fiscal year 2022-23 (FY23) are estimated at 1.77 percent… Read More
OGRA Reduces RLNG Price by Up To 5% for June
The Oil and Gas Regulatory Authority (OGRA), in accordance with the Policy Guidelines of the federal government, has determined the… Read More
FTO Directs FBR to Issue Clear Instructions on POS
While disposing of a complaint, the Tax Ombudsman has directed FBR to issue instructions to field formations regarding Point Of… Read More
TAPI Project to Strengthen Energy Security of Pakistan and Region: PM
Prime Minister Shehbaz Sharif on Thursday said that being a critical component of his government’s vision, the TAPI gas pipeline… Read More
Govt Proposes Rs. 53.6 Billion Subsidy for Petroleum Sector in Budget 2023-24
The federal government has proposed a subsidy of Rs. 53.6 billion for the petroleum sector in the next fiscal year, according… Read More
Islamabad’s Korang Bridge to Be Opened for Traffic Soon
The dreaded Korang Bridge bottleneck near Gulberg Greens will soon finally be a thing of the past. According to the… Read More
Govt May Allow Overseas Pakistanis to Remit Up to $100,000 Without Declaring Source of Income
The federal government might allow people in the upcoming fiscal year to bring in up to $100,000 from abroad without… Read More
