FBR Exempts One-Time Online Sellers from Registration

By Manik-Aftab ⏐ 8 hours 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 ⏐ 3 days 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 ⏐ 3 days 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 ⏐ 4 days 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 days 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 days 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 ⏐ 2 weeks 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 ⏐ 2 weeks 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 ⏐ 2 weeks 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…

Budget to Feature Tax Relief, Bold Reforms: Finance Minister

By Manik-Aftab ⏐ 3 weeks ago ⏐ Newspaper Icon Newspaper Icon 3 min read

ISLAMABAD: Finance Minister Muhammad Aurangzeb announced that the upcoming federal budget will introduce simplified tax returns for the salaried class and bold economic measures to…

CDA Denies Islamabad Metro Fare Hike After Viral Notification Causes Confusion

By Manik-Aftab ⏐ 3 weeks ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The Capital Development Authority (CDA) has officially denied reports of Islamabad Metro fare hike, labeling a widely circulated notification as fake and misleading. Social…

Higher Tax Likely on Packaged Food (Milk, Chips) in Budget 2025-26

By Manik-Aftab ⏐ 3 weeks ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In an effort to boost fiscal revenue without burdening low-income groups, the federal government is set to impose Federal Excise Duty (FED) and additional sales…

IMF Relief Measures for Pakistan Budget 2025 Still Under Review

By Manik-Aftab ⏐ 4 weeks ago ⏐ Newspaper Icon Newspaper Icon 3 min read

Amid ongoing negotiations, officials concerned have not yet approved IMF relief measures for Pakistan budget 2025, as discussions with the government continue over proposed tax…

Get Alerts