19 hours ago Govt Cuts Proposed Sales Tax on Solar Panel Imports to 10% After Coalition Talks The federal government has agreed to reduce the proposed sales tax on imported solar panels from 18 percent to 10
2 days ago Only 12 Pakistanis Declare Assets Over Rs. 10 Billion: FBR Chairman In a startling revelation before the National Assembly’s Standing Committee on Finance, Chairman of the Federal Board of Revenue (FBR),
2 days ago Govt To Impose Higher Tax on Cash on Delivery to Encourage Online Payments The federal government has revised and simplified its proposed income tax framework on cash-on-delivery (COD) payments, introducing higher tax rates
3 days ago Lahore High Court Orders Punjab Cement Manufacturers to Pay 6% Royalty on Raw Material Costs The Lahore High Court’s larger bench has ruled against Punjab-based cement manufacturers, directing them to pay a 6 percent royalty
2 weeks ago Pakistan’s Public Debt Surges to Rs. 74.9 Trillion in April 2025 Pakistan’s federal government public debt stock soared to Rs. 74.936 trillion in April 2025, marking a 13.4 percent increase compared
2 weeks ago IMF Blocks Wealth Tax on Cash and Gold, Greenlights Tax Relief for Salaried Class The International Monetary Fund (IMF) has rejected several of Pakistan’s proposed tax measures, including a capital value tax on movable
2 weeks ago No Proposal to Charge Higher Petrol Price on Cash Payments: Govt Officials The federal government has no plans to introduce different prices for petroleum products based on consumer categories. Contrary to recent
2 weeks ago Inflation-Adjusted Pay Raises Likely for Salaried Class in 2025-26 Budget The federal government is expected to announce inflation-adjusted salary increments for the salaried class in the upcoming 2025-26 budget. The
2 weeks ago Govt to Impose Higher Tax on Cash Payments for Petrol, Retail Shops, Other Services In a bold move to curb cash transactions and boost digital payments, the federal government is set to introduce a
2 weeks ago IMF Likely to Allow Pakistan to Cut Tax Rates for Salaried Class in Upcoming Budget The International Monetary Fund (IMF) and Pakistan are on the verge of reaching an agreement to reduce income tax rates