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Standing Committee Flags Concerns Over Finance Bill Proposals and FBR Reforms
A meeting of the Standing Committee on Finance and Revenue was held today at the Parliament House, Islamabad, under the chairmanship of Syed Naveed Qamar, MNA. The session focused on the Finance Bill Proposals, the FBR Transformation Plan, and various…
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Non-Fillers Can Not Buy A Car Or Property Anymore
Over 120 million Pakistanis are no longer allowed to purchase cars or property. This change was one of the classifications under the Income Tax Ordinance…
Strict Penalties Proposed for NTN and CNIC Misuse in Budget
In a bid to curb tax evasion, the federal government has proposed strict penalties for those misusing National Tax Numbers (NTNs) and Computerized National Identity…
10% Salary Increase for Govt Employees Unlikely in Budget ( Now Approved)
ISLAMABAD: ( Updated) A 10% salary increase for government employees in the upcoming Budget for 2025–26 now seems unlikely. Government sources indicate that the raise…
Warning!! Budget May Increase Taxes on Food, Books, and Daily Essentials
With a record tax revenue target for FY26, the federal government is proposing tax hikes on essential items like food, books, and stationery in the…
Fertilisers and Pesticides to Remain Tax-Free in Budget 2025-26
In a move to support farmers grappling with high input costs, the federal government has decided to retain the tax exemption on fertilisers and pesticides…
Govt Slaps Heavy Tax on FB, Google, Daraz & Digital vendors
ISLAMABAD: The federal government is set to enforce the Digital Presence Proceeds Levy Act 2025, introducing a new 5% tax on global and domestic digital…
Movie Tickets to Get Expensive as Govt Withdraws Cinema Tax Exemption
ISLAMABAD: Moviegoers may soon have to pay more for tickets, as the federal government has proposed to withdraw the cinema tax exemption in the FY2025…
Health, Education Costs Soar Despite Low Overall Inflation in Pakistan
ISLAMABAD: While inflation in Pakistan reached a historic low of 0.3% in April FY2025, the Economic Survey 2024-25 revealed that health and education sectors continue…
LSM Growth in Pakistan Declines for Third Straight Year
ISLAMABAD: The LSM growth in Pakistan recorded a 1.5% contraction during July–March FY2025, compared to a marginal decline of 0.22% in the same period last…
PIA Posts Rs. 9.3B Profit Despite 16% Revenue Drop
Pakistan International Airlines (PIA) witnessed a 16.8% drop in operating revenue for the calendar year 2024, with earnings totaling Rs. 204.16 billion, as outlined in…
New Airline in Pakistan Secures CAA License for Domestic Launch
A new airline in Pakistan, Air Karachi, has officially secured its Regular Public Transport (RPT) license from the Civil Aviation Authority (CAA), paving the way…
Inflation in Pakistan Drops to Record Lows in FY2025, Economic Survey Confirms
ISLAMABAD: Inflation is projected to remain within the range of 4.5-5 percent during fiscal year 2025, supported by a sharp decline in the prices of…
Digital Growth Accelerates in Pakistan: IT Exports Hit $2.825B, Yet Startup Ecosystem Faces Capital Crunch
ISLAMABAD — Pakistan’s digital and technology sectors have demonstrated strong forward momentum in the fiscal year 2024–25, according to the newly released Pakistan Economic Survey.…