Govt Imposes Rs. 50,000 Fine for AOPs, Rs. 100,000 for Companies to Restore Tax Status
The federal government has proposed a major increase in the fee required for Associations of Persons (AOPs) to regain their
Govt Raises Late Tax Filing Fee From Rs. 1,000 to Rs. 25,000 for Individuals
The federal government has proposed a significant increase in the fee for restoring taxpayer status on the Federal Board of
Business Industry Welcomes Budget Stability, Warns High Tax Targets May Fuel Inflation
The Federation of Pakistan Chambers of Commerce and Industry has welcomed signs of economic stabilization reflected in the Federal Budget
ECC Releases 50,000 Tons of Wheat to Strengthen KP Supply
The Economic Coordination Committee (ECC) has approved the release of 50,000 metric tons of wheat from PASSCO reserves to the
Pakistan Takes Giant Leap Toward Space Missions Rs. 860 Million Funding
Pakistan’s ambitions in human spaceflight received a significant boost after the Economic Coordination Committee (ECC) approved Rs. 860 million in
“Closer Than Ever”: Araghchi Hints at Progress on Islamabad Peace Deal With US
Iran’s Foreign Minister Seyed Abbas Araghchi has said that the proposed “Islamabad Memorandum of Understanding” is now very close to
Govt Slashes Petrol Price by Tiny Amount Despite Crude Oil Staying Below $85
The federal government has once again revised petroleum prices on June 12, according to sources cited by ProPakistani. Petrol has
Budget Cuts Tax on Debit/Credit Card Foreign Transactions
The federal government has decreased the withholding tax rate on bank-issued debit card transactions, aiming to discourage informal financial activity
Property Transaction Taxes Cut by 50% for Filers in Budget Proposal
The federal government has proposed a significant reduction in withholding tax rates on property transactions for tax filers as part
Vaping Products Hit with Higher Excise Duty in Budget 2026–27
The government has revised taxation on e-cigarette products by increasing the Federal Excise Duty (FED) on vaping liquids from Rs10,000
