Tax
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Science & Technology
Google Avoids Digital Tax Under New Pakistani Law
Islamabad — Google has secured an exemption from Pakistan’s newly introduced Digital Presence Proceeds Tax, a move that reduces the…
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Business
Govt Cuts Solar Panel Tax to 10% After Backlash
In a major shift, the government has reduced the proposed tax on imported solar panels from 18% to 10%, following…
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Pakistan
Punjab Presents Rs5.35 Trillion Tax-Free Budget
Punjab has unveiled a zero-tax budget worth Rs5.35 trillion for the fiscal year 2025–26. Finance Minister Mujtaba Shuja ur Rehman…
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Pakistan
Aurangzeb Unveils Relief-Focused Budget
Finance Minister Muhammad Aurangzeb has described the 2025–26 federal budget as a relief budget, aimed at easing financial pressure on…
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Breaking
Online Shopping Comes Under Tax Net in Finance Bill 2025-26
The Federal Board of Revenue (FBR) has officially brought online shopping within the tax net under the Finance Bill 2025-26.…
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Pakistan
Govt Targets Non-Filers With Strict Tax Measures in Budget 2025-26
The federal government has unveiled strict non-filer restrictions in the Budget 2025–26 to expand the tax net and formalize the…
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Pakistan
Federal Budget 2025-26 Targets Growth Without New Taxes
Finance Minister Muhammad Aurangzeb presented the Federal Budget 2025-26 in the National Assembly, highlighting economic stability as the government’s top…
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Business
Tax Exemptions Surge to Rs5.8 Trillion Despite Government Cuts
In a surprising turn, tax exemptions in Pakistan have soared to a record Rs5.8 trillion during the current fiscal year.…
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Business
IMF Agrees to Tax Relief for Salaried Class in Budget 2025-26
In a key breakthrough, the International Monetary Fund (IMF) has agreed to income tax relief for Pakistan’s salaried class in…
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Pakistan
Govt Targets Revenue Boost with Tax Hikes in IMF-Backed Budget
Pakistan’s upcoming IMF budget 2025-26 is set to bring tough tax reforms and subsidy cuts that may sharply raise inflation.…
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Business
IMF Approves Tax Cut on Property Purchases in Pakistan
The International Monetary Fund (IMF) has approved a 2% reduction in property purchase tax, providing relief to buyers in Pakistan’s…
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Business
Petroleum Consumers Bear Heavy Tax Burden
Consumers in Pakistan are paying over Rs100 per litre in taxes, duties, and margins on petrol and diesel, adding a…
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Pakistan
President Calls for Salary Hikes and Tax Cuts in Upcoming Budget
President Asif Ali Zardari has urged the government to increase salaries and pensions, reduce income taxes, and prioritize job creation…
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Breaking
Agricultural Tax Implemented in Two Provinces: Finance Minister
Islamabad: Finance Minister Senator Muhammad Aurangzeb has stated that two provinces have already implemented the agricultural tax, while discussions are…
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Breaking
Salaried Class Becomes Third-Largest Tax Contributor in Pakistan
The salaried class has become the third-largest contributor to Pakistan’s tax revenue, with a nearly 40% rise in tax collection…
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Breaking
Federal Government Faces Rs80-90 Billion Tax Target Shortfall for December
ISLAMABAD: The federal government is bracing for a tax revenue shortfall of Rs80-90 billion in December 2024, despite recent measures…
Read More » ECC Approves Rs3.7 Billion Restructuring Plan for PRAL
The Economic Coordination Committee (ECC) has approved a comprehensive restructuring plan for Pakistan Revenue Automation Limited (PRAL). The committee has…
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Breaking
Stricter Rules for Non-Filers: Tax Law Amendment Bill 2024-25 Presented
Islamabad: Finance Minister Muhammad Aurangzeb presented the Tax Law Amendment Bill 2024-25 in the National Assembly. The bill aims to…
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Breaking
Pakistan Resolves to Tax All Sectors Equitably: Aurangzeb
ISLAMABAD: The government has decided to recover taxes from all sectors, including real estate, wholesale, and agriculture, which have previously…
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Breaking
Govt Plans Tax Relief for Salaried Class, Targets Cigarette Tax Evasion
ISLAMABAD: Minister of State for Finance and Revenue, Ali Pervaiz Malik, announced Thursday that the government aims to reduce the…
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