Finance
FBR Reverses Tax Relief for Low-Income Salaried Persons
ISLAMABAD: The Federal Board of Revenue (FBR) has reversed the proposed tax relief for low-income salaried persons, according to a statement made during a session of the National Assembly’s Standing Committee on Finance and Revenue. A considerable portion of the…
Trending
Trending Topics
Petroleum Levy in Pakistan Set to Rise Under IMF Commitments
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
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…
IMF Raises Concerns Over Rs344Bn in Unapproved Govt Grants
2 min read
ISLAMABAD: The International Monetary Fund has raised concerns over the federal government’s disbursement of Rs344 billion in grants to multiple sectors without obtaining approval from…
Pakistan’s Foreign Exchange Reserves Hit 26-Month High
2 min read
KARACHI: Pakistan’s foreign exchange reserves hit a 26-month high, rising by $167 million on a weekly basis, according to the latest data issued by the…
Govt Seeks $2B Loan to Boost Reserves to $14B
2 min read
In a recent briefing to the National Assembly Standing Committee on Finance, Finance Minister Muhammad Aurangzeb revealed that the government is working to secure a…
Sindh PAC Flags Minimum Wage Violations in Industries
2 min read
KARACHI: The Public Accounts Committee (PAC) of the Provincial Assembly raised serious concerns over the lack of minimum wage implementation in Sindh, revealing that over…
Pak Remittances in May 2025 Surge to $3.7 Billion
3 min read
KARACHI: The State Bank of Pakistan (SBP) has reported a strong rise in Pak remittances in May 2025, offering critical support to the country’s external…
Pakistan Minimum Wage 2025-26: Govt Ignores Inflation, Keeps Rates Unchanged
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,…
FBR Can Now Arrest Company Directors, CEOs and CFOs
2 min read
The Federal Board of Revenue (FBR) in Pakistan has recently been granted new powers. Now its Inland Revenue officers are allowed to arrest company directors,…
Cashless Economy Vision Threatened By New Budget
3 min read
Islamabad, June 11, 2025: Pakistan’s federal budget was unveiled yesterday, imposing new taxes on digital transactions and e-commerce. It sparked concern among industry leaders, investors,…
Record Remittance Inflows in May 2025
2 min read
Islamabad: Pakistan has achieved an economic milestone by recording its highest-ever monthly inflow of workers’ remittances in May 2025. This surge in foreign exchange is…
Banks Flag Major Gaps in Pakistan’s New E-Commerce Tax Plan
2 min read
The Pakistan Banks Association (PBA) has expressed significant reservations over the government’s newly proposed tax framework for e-commerce, as introduced in the Finance Bill 2025.…
New Tax Imposed On Online Shopping
2 min read
Pakistan’s government has introduced tax on online shopping and Cash on Delivery (CoD) transactions as part of the Budget 2025-26. The aim is to expand…
Latest Posts
