9 hours ago 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
10 hours ago 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
10 hours ago 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,
12 hours ago 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
12 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
15 hours ago 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
1 day ago 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
1 day ago Pakistan’s Net Foreign Direct Investment Falls 37% in May 2025 Pakistan’s net Foreign Direct Investment (FDI) declined sharply to $ 194 million in May 2025, marking a 37 percent drop
1 day ago FBR Begins Distribution of New Honda City Cars Worth Rs. 6 Billion to Tax Officers The Federal Board of Revenue (FBR) has commenced the distribution of brand-new Honda City vehicles to its tax officers, with
2 days ago 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