News Update

10

Jun 2025

Jun 10, 2025 • 5 min read

Budget 2025-26: Govt Gives Income Tax ‘Relief’ to Salaried Class

The new income tax slabs for the salaried class under the federal budget 2025-26 revealed that a smaller rate of income...

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News Update

10

Jun 2025

Jun 10, 2025 • 5 min read

Petrol to Become More Expensive as Govt Likely to Slap Carbon Levy

The government is set to impose a carbon levy of Rs. 2.5 per liter on petroleum products in the federal budget, a move e...

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News Update

10

Jun 2025

Jun 10, 2025 • 5 min read

Govt Increases Advance Tax on Sale or Transfer of Immovable Property

The government has proposed a 1.5% increase in the advance tax on the sale or transfer of immovable property, according...

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News Update

10

Jun 2025

Jun 10, 2025 • 5 min read

Suzuki Alto Likely to Cost Nearly Rs. 200,000 More After New Taxes

The federal budget for 2025–26 proposes raising the standard sales tax (GST) on locally assembled small-engine cars such...

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News Update

10

Jun 2025

Jun 10, 2025 • 5 min read

Massive Tax Relief Announced for Teachers and Education Related Workers in Budget 2025-26

In the federal budget for 2025-26, the government has proposed significant tax relief for full-time teachers and researc...

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News Update

10

Jun 2025

Jun 10, 2025 • 5 min read

Govt Likely to Raise Pensions Up to 10%

The federal government has decided to increase pensions by up to 7-10% in the upcoming budget for the fiscal year 2025-2...

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News Update

10

Jun 2025

Jun 10, 2025 • 5 min read

Govt Set to Give Big Tax Relief For Those With Lower Salaries

The likely new income tax slabs for the salaried class under the federal budget 2025-26 revealed that a smaller rate of...

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News Update

10

Jun 2025

Jun 10, 2025 • 5 min read

Govt to Slap Rs. 500,000 Fine, 3-Year Prison Sentence for Using Wrong CNIC Numbers and NTNs

The federal government has introduced new measures in the 2025-26 budget to combat tax evasion and misuse of National Ta...

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News Update

10

Jun 2025

Jun 10, 2025 • 5 min read

Over 12 Crore Pakistanis Are No Longer Allowed to Buy a Car

The government has proposed a significant overhaul to the tax classification system under Section 115 of the Income Tax...

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News Update

10

Jun 2025

Jun 10, 2025 • 5 min read

Here’s How Much ‘Tax Relief’ Govt Has Given to Salaried Class Compared to Last Year

The new income tax slabs for the salaried class under the federal budget 2025-26 have reduced taxes on cumulative payout...

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News Update

10

Jun 2025

Jun 10, 2025 • 5 min read

Govt Withdraws Tax Exemption on Higher Pensions

The federal government has approved the withdrawal of tax exemption on high-value pensions. Previously, all pension inco...

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News Update

10

Jun 2025

Jun 10, 2025 • 5 min read

Items With No Barcodes or Tax Stamps Will Now Be Seized

The government has announced new rules under the Federal Excise Duty (FED) regime in a move to tighten tax enforcement....

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News Update

10

Jun 2025

Jun 10, 2025 • 5 min read

FBR to Abolish 4% Further Sales Tax to Bring Unregistered Dealers, Wholesalers & Retailers Under Tax Net

The Federal Board of Revenue (FBR) has proposed abolishing the 4 percent “further sales tax” currently imposed on suppli...

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News Update

10

Jun 2025

Jun 10, 2025 • 5 min read

Govt Puts a Expiry Date on Pension Duration for Spouses of Deceased Employees

Pakistan’s finance minister, Muhammad Aurangzeb, announced during the latest budget speech that the spouses of deceased...

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News Update

10

Jun 2025

Jun 10, 2025 • 5 min read

Govt Reduces Advance Tax on Purchase of Immoveable Property by Filers

The government has approved a 1.5% reduction in the advance tax rate for filers on the purchase of immovable property, a...

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News Update

10

Jun 2025

Jun 10, 2025 • 5 min read

Pakistan Allocated 0.9% of GDP to Health in FY2024-25

Pakistan’s public health spending remains critically low, with the government allocating just 0.9% of GDP, amounting to...

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News Update

10

Jun 2025

Jun 10, 2025 • 5 min read

Tea and Coffee to Become More Expensive Soon

In the latest budget, the government has announced an increase in customs duties on various types of tea and coffee, mak...

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News Update

09

Jun 2025

Jun 09, 2025 • 5 min read

Rs. 4.06 Billion Allocated for Pakistani Students to Study on Scholarship in US

The federal government has allocated Rs. 4.06 billion for the Fulbright Scholarship Support Program (HEC-USAID) under th...

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News Update

09

Jun 2025

Jun 09, 2025 • 5 min read

PIA Revenue Falls 16% in FY2024-25

Pakistan International Airlines (PIA) reported a 16.8% decline in operating revenue for the calendar year 2024, with ear...

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News Update

09

Jun 2025

Jun 09, 2025 • 5 min read

Govt Cuts Borrowing by Rs. 2.8 Trillion in FY25

During July-March FY 2025, the Government sector borrowing for budgetary support decreased to Rs. 1,320 billion compared...

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News Update

09

Jun 2025

Jun 09, 2025 • 5 min read

Services Sector Overtakes Agriculture as Main Driver of Economic Growth in FY25

Pakistan’s economy has experienced a notable realignment in its growth dynamics during the fiscal year 2024-25 (FY2025),...

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News & Updates

Budget 2025-26: Govt Gives Income Tax ‘Relief’ to Salaried Class

Petrol to Become More Expensive as Govt Likely to Slap Carbon Levy

Govt Increases Advance Tax on Sale or Transfer of Immovable Property

Suzuki Alto Likely to Cost Nearly Rs. 200,000 More After New Taxes

Massive Tax Relief Announced for Teachers and Education Related Workers in Budget 2025-26

Govt Likely to Raise Pensions Up to 10%

Govt Set to Give Big Tax Relief For Those With Lower Salaries

Govt to Slap Rs. 500,000 Fine, 3-Year Prison Sentence for Using Wrong CNIC Numbers and NTNs

Over 12 Crore Pakistanis Are No Longer Allowed to Buy a Car

Here’s How Much ‘Tax Relief’ Govt Has Given to Salaried Class Compared to Last Year

Govt Withdraws Tax Exemption on Higher Pensions

Items With No Barcodes or Tax Stamps Will Now Be Seized

FBR to Abolish 4% Further Sales Tax to Bring Unregistered Dealers, Wholesalers & Retailers Under Tax Net

Govt Puts a Expiry Date on Pension Duration for Spouses of Deceased Employees

Govt Reduces Advance Tax on Purchase of Immoveable Property by Filers

Pakistan Allocated 0.9% of GDP to Health in FY2024-25

Tea and Coffee to Become More Expensive Soon

Rs. 4.06 Billion Allocated for Pakistani Students to Study on Scholarship in US

PIA Revenue Falls 16% in FY2024-25

Govt Cuts Borrowing by Rs. 2.8 Trillion in FY25

Services Sector Overtakes Agriculture as Main Driver of Economic Growth in FY25

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