Business
SECP to Strike Off Over 200 Dormant Companies From Official Records
The Securities and Exchange Commission of Pakistan (SECP) has initiated the process to remove more than 200 inactive companies from its official register, marking one of the largest clean ups of dormant corporate entities in recent months. The regulator says…
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Govt Withdraws Sales Tax Exemption on Imported Cotton Yarn
2 min read
ISLAMABAD: The federal government has officially withdrawn sales tax and duty exemptions on imported cotton and yarn, aiming to strengthen domestic cotton farming and revive…
Pakistan Shrugs Off Indian Rice Subsidy Push as Exports Held Strong
3 min read
India re-entered the global rice market after a two-year export pause aimed at securing domestic food supplies. With this return, Indian media and trade observers…
Property Tax Abolished as Govt Confirms new Amendments
3 min read
The Federal Government has introduced major tax reforms in the amended Finance Bill 2025–26, offering relief to long-term homeowners while reinforcing customs enforcement and introducing…
New Taxes on Mutual Funds and Poultry Announced in the Mini Budget 2025-26
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The federal government has unveiled new taxes on mutual funds and poultry in the 2025-26 budget, Finance Minister Muhammad Aurangzeb announced during his address to…
Major hike in petrol and diesel prices expected in Pakistan
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Pakistan is bracing for a significant surge in fuel prices, with High Speed Diesel (HSD) and Motor Spirit (MS) petrol expected to rise sharply. According…
Govt Eases Eligibility For Undeclared Asset Holders On Buying Cars & Property
2 min read
ISLAMABAD: In a significant shift under the Federal Budget 2025-26, the government has revised the eligibility criteria for buying cars and property, softening its earlier…
Salaried Class to Receive Significant Tax Relief, Says Finance Minister
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In a significant effort to alleviate the financial burden on low- and middle-income earners, Pakistan’s government has announced substantial tax relief for the salaried class…
Pakistan’s Digital Boom Now in Tax Crosshairs: 5M+ Earners to Pay Up
3 min read
Islamabad – Pakistan’s National Assembly Standing Committee on Finance is advancing a key clause in the Finance Bill 2025-26, proposing to tax online businesses that…
NHA held open Toll Plaza auctions of these cities
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Islamabad: The National Highway Authority (NHA) in Pakistan reconducted its first-ever public auction of toll plazas, marking a significant move towards transparency and providing business…
Govt Confirms Latest Taxes: Rs. 2.5 per Liter Carbon Levy & New EV Charges
3 min read
Starting from July 1, 2025, a carbon levy of Rs2.50 per liter will be imposed on petroleum products. This comes as the government plans to…
Pakistan Senate Rejects Carbon Levy: Introduces Digital Presence Proceeds Act
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The Senate Standing Committee on Finance and Revenue, led by Senator Saleem Mandviwalla, recently made several key decisions. The Committee rejected proposed carbon levy ,…
PIA Privatization Bid Draws Interest from Airblue, Gerry’s
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The PIA privatization bid has attracted significant interest from several major players in Pakistan’s aviation and business sectors, with Airblue Ltd. and Gerry’s Group confirming…
PM clarifies income tax rate for low-income salaried class, New Lower rate confirmed
2 min read
ISLAMABAD: Prime Minister Shehbaz Sharif clarified on Wednesday that the income tax rate for salaried individuals earning between Rs600,000 and Rs1.2 million annually has been…
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