Senate Committee Approves Hike in Withholding Tax on Cash Withdrawals by Non-Filers to 1%
The Senate Standing Committee on Finance on Wednesday approved a proposal to increase the withholding tax on cash withdrawals by
Pakistan Unveils Draft National Tariff Policy 2025–30 to Boost Industrial Competitiveness and Export Growth
The Government of Pakistan unveiled the draft National Tariff Policy (NTP) 2025–30 during the National Regulatory Reforms Conference organized by
PM Shehbaz Forms High-Level Committee to Accelerate Cashless Economy and Digitization
Prime Minister Muhammad Shehbaz Sharif on Wednesday established a high-level committee, chaired by himself, to promote a cashless economy and
Senate Committee Recommends Zero Tax on Annual Salaries Up to Rs. 1.2 Million
The Senate Standing Committee on Finance on Wednesday recommended exempting annual incomes up to Rs. 1.2 million from income tax,
Careem Exits Pakistan’s Ride-Hailing Market
Careem, one of the pioneering ride-hailing services in Pakistan, announced it will shut down its ride-hailing operations in the country
PM Shehbaz Sharif Orders Linking of Reko Diq to Pakistan Railways by 2028
Prime Minister Shehbaz Sharif directed relevant authorities to connect the Reko Diq mining area with Pakistan’s railway network by 2028
National Assembly Committee Rejects Proposal to Impose 18% GST on Imported Solar Panels
The National Assembly’s Standing Committee on Finance and Revenue on Tuesday unanimously rejected the Federal Board of Revenue’s (FBR) proposal
Pakistan’s Current Account Deficit Narrows to $103 Million in May 2025
Pakistan’s current account deficit shrank significantly to $103 million in May 2025, marking a 56 percent improvement compared to a
Senate Finance Committee Proposes Mandatory Registration for High-Earning E-Commerce Sellers
The Senate Standing Committee on Finance on Monday discussed new regulatory proposals aimed at formalizing Pakistan’s growing e-commerce sector, with
Punjab Govt Presents Record Rs5.335 Trillion Budget for FY 2025-26 with Focus on Development, Health, and Education
Punjab Finance Minister Mujtaba Shuja-ur-Rehman on Monday presented the provincial budget for the fiscal year 2025-26, unveiling a historic Rs5.335
