Hyundai Car Price Hike in Pakistan: New Rates Post Budget 2025-26

By Manik Aftab ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Hyundai has announced a notable car price hike in Pakistan across all passenger and commercial variants, attributing the increase to the fiscal measures introduced under…

Govt Exempts Income Tax on Rs1.2 Million Annual Salary

By Manik Aftab ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The federal government has agreed to exempt income tax on annual salaries up to Rs1.2 million, following demands made by the Pakistan Peoples Party (PPP)…

Govt Withdraws Sales Tax Exemption on Imported Cotton Yarn

By Manik Aftab ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 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ISLAMABAD: The federal government has officially withdrawn sales tax and duty exemptions on imported cotton and yarn, aiming to strengthen domestic cotton farming and revive…

Govt Eases Eligibility For Undeclared Asset Holders On Buying Cars & Property

By Manik Aftab ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 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…

FBR Exempts One-Time Online Sellers from Registration

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The Federal Board of Revenue (FBR) has officially confirmed a key FBR online seller exemption, stating that one-time sellers and women operating small home-based…

Petroleum Levy in Pakistan Set to Rise Under IMF Commitments

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The federal government has announced a substantial increase in the petroleum levy in Pakistan for the fiscal year 2025-26, in line with the conditions…

Special Relief Package Confirmed for Armed Forces in the Budget

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: A special relief allowance for armed forces personnel was announced as part of the federal budget proposals for fiscal year 2025-26, Secretary of Finance…

Pakistan Minimum Wage 2025-26: Govt Ignores Inflation, Keeps Rates Unchanged

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Finance Minister Muhammad Aurangzeb confirmed on Wednesday that the minimum wage in Pakistan will remain unchanged at Rs37,000 per month for the financial year 2025-26,…

Tax Relief on Old Car Imports Proposed in Budget Plan Sent to IMF

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The federal government has proposed significant tax relief on old car imports as part of its budget recommendations submitted to the International Monetary Fund…

Movie Tickets to Get Expensive as Govt Withdraws Cinema Tax Exemption

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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…

PM Shehbaz Approves Raw Material Duty Cut for Industrial Growth

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: Prime Minister Shehbaz Sharif has approved a significant raw material duty cut on more than 7,066 tariff lines, targeting raw materials, intermediate goods, and…

Pakistan Defence Budget May Get a Whopping 114% Rise This Year

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The Pakistan defence budget may see a whopping 114% increase in the upcoming fiscal year 2025-26, with proposed allocations rising sharply from Rs5.386 billion…

PBC Budget Proposals Urge GST Cuts and Relief for Salaried Class

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 4 min read

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…

Get Alerts