Inflation-Adjusted Salary Hike Expected in Budget 2025-26

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,.

A significant ruling by the Islamabad High Court, led by Justice Babar Sattar, has sided with the Federal Board of Revenue (FBR) in a tax.

KARACHI: The Federal Board of Revenue (FBR) has introduced a 15% tax on passive saving income, aiming to reduce the disparity between active and passive.

The federal government has unveiled wide-ranging tax compliance reforms in Finance Bill 2025, proposing tougher penalties and stricter enforcement to boost documentation and curb tax.

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.