Trending Topics
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…
Govt Plans 5% Digital Services Tax in Upcoming FY2025-26 Budget
The federal government of Pakistan plans to introduce a 5% digital services tax in the upcoming FY2025-26 budget. This move could reshape the country’s digital…
IMF Supports Tax Cut for Salaried, Rejects Wealth Levies
The International Monetary Fund (IMF) has dismissed Pakistan’s latest efforts to introduce a capital value tax on movable assets such as “cash” and “gold,” as…
Govt Secures Tax Relief for Salaried Class in IMF Budget Talks
ISLAMABAD: The federal government has reportedly secured income tax relief for the salaried class during ongoing budget negotiations with the International Monetary Fund (IMF), marking…
Inflation-Adjusted Salary Hike Expected in Budget 2025-26
ISLAMABAD: An inflation-adjusted salary hike is expected in the upcoming federal budget for 2025-26 to support the salaried class amid rising inflation. Simultaneously, the government…
Pakistan Gains IMF Nod to Cut Tax Burden on Salaried Class
Pakistan has received preliminary approval from the International Monetary Fund (IMF) to reduce income tax rates for salaried individuals in the upcoming 2025-26 federal budget.…
FBR to Double Tax on Non-Filers’ Cash Withdrawals from July 2025
ISLAMABAD: The Federal Board of Revenue (FBR) has recommended a significant increase in withholding tax on cash withdrawals by non-filers, from the current 0.6% to…
PBC Budget Proposals Urge GST Cuts and Relief for Salaried Class
KARACHI: Business leaders, including the Pakistan Business Council (PBC), have unveiled key recommendations ahead of the federal budget, urging the government to incorporate PBC budget…
No Tax On Solar Panel Import, FBR Announced
The Federal Board of Revenue (FBR) Chairman, Rashid Mahmood Langrial, has stated that there are no plans to impose taxes on solar panels import in…
