News & Updates

2024-06-30 00:00:00
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Govt Imposes 1% Advance Tax on All Exporters

The exporters of goods, whether direct or indirect exporters, shall be subject to advance tax at 1 p...
2024-06-30 00:00:00
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Govt Exempts FBR From Paying Court Fees on Filing Cases Against Taxpayers

The government has exempted Commissioner Inland Revenue from payment of a court fee of Rs. 50,000 on...
2024-06-29 00:00:00
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Protest Against High Electricity Bills Announced by Traders Association

The All Pakistan Traders Association has announced a nationwide protest against the rising electrici...
2024-06-28 00:00:00
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Relief Provided to Salaried Class in Budget: PM

Prime Minister Shehbaz Sharif Friday said relief has been provided to the salaried class, pensioners...
2024-06-28 00:00:00
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CCP Initiates Action Against Multiple Beverage Manufacturers Over Misleading Packaging

Competition Commission of Pakistan (CCP) has initiated action against fifteen beverage manufacturers...
2024-06-28 00:00:00
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Govt Slaps 10% Surcharge on High Earners

The federal government has imposed a 10 percent surcharge on the tax liability of high-earners under...
2024-06-28 00:00:00
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Yousuf Dewan Companies Partners with Leading Chinese Company Donar to Build Charging Station Ecosystem Across Pakistan

YDC, a leading player in the Pakistani automotive industry, has made significant strides in the elec...
2024-06-28 00:00:00
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Customs Intelligence Detects 8 Ghost Exporting Units 

The directorate of Customs Intelligence, Karachi continues its crackdown on down against ghost expor...
2024-06-28 00:00:00
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Banks to Observe Extended Working Hours on the Weekend

To facilitate the taxpayers in payment of Government duties / taxes through Alternate Delivery Chann...
2024-06-28 00:00:00
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Govt Imposes Fixed Tax of Up to Rs. 1.5 Million on Residential Plots

The federal government has imposed a capital value tax (CVT) on farmhouses and big houses in Islamab...
2024-06-28 00:00:00
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Inflation to Hover Around 12.5-13.5% in June: Finance Ministry

The Finance Division said the inflation outlook for June 2024 has slightly increased compared to the...
2024-06-28 00:00:00
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Budget 2024-25 Round-Up: All You Need to Know About New Taxes

The 2024-25 federal budget has been officially passed by the National Assembly during its session in...
2024-06-28 00:00:00
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National Assembly Approves Increase in Travel Allowances of Lawmakers

The National Assembly Friday approved an amendment proposed by the Pakistan People’s Party (PPP) to...
2024-06-28 00:00:00
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IMF-Aligned Budget Sails Through National Assembly

The National Assembly on Friday approved the tax-heavy FY25 budget, ahead of talks on a new Internat...
2024-06-28 00:00:00
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Govt Increases Excise Duty On Airline Tickets Up to Rs. 350,000 in Finance Bill

The federal government has hiked the excise duty on business and club class air tickets up to Rs. 35...
2024-06-28 00:00:00
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Rupee Ends Fiscal Year 2023-24 With Tiny Gains Against US Dollar

The Pakistani rupee (PKR) ended fiscal year 2023-24 with small gains against the US Dollar today aft...
2024-06-28 00:00:00
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PM Orders to Hire Top Lawyers to Handle Pending FBR Cases

Prime Minister Shehbaz Sharif has directed authorities to hire the best lawyers to handle pending ca...
2024-06-28 00:00:00
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Govt to Set Up Tax Fraud Investigation Wing At FBR

The federal government has decided to establish a new department called (Tax Fraud Investigation Win...
2024-06-28 00:00:00
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NA Set to Pass Budget Ahead of Talks with IMF Over New Loan Deal

The National Assembly is set to pass the Finance Bill 2024 for the upcoming fiscal year today paving...
2024-06-28 00:00:00
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Govt Decides Against Rs. 20 Per Liter Increase in Petroleum Development Levy for 2024-25

The federal government has decided not to increase the petroleum development levy (PDL) by Rs. 20 pe...

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