Pakistan’s federal government has significantly reduced its reliance on domestic banks, with borrowing for budgetary support dropping by 66% in the first 8.5 months of FY2025. The total borrowing fell from Rs 4.06 Read More...
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President Donald Trump has unveiled a bold new trade strategy, slapping reciprocal tariffs on goods from several nations, including Pakistan, China, and the EU. As per media reports, Pakistan will now face a 29% tariff, in response to what Trump Read More...
The National Highway Authority (NHA) has just slammed drivers with a massive toll tax hike of 15% to 50%, kicking in on April 1—and this is their second price bomb since January this year! Get Read More...
The Federal Board of Revenue (FBR) has just dropped a bombshell, revealing a staggering Rs 100 billion shortfall in tax revenue for March 2025! Their provisional haul? A mere Rs 1,120 billion, crashing well Read More...
Get ready for a crackdown of epic proportions! The Azad Jammu and Kashmir (AJK) government has launched a ferocious offensive to smash the smuggling of non-duty paid cigarettes into Pakistan, especially during Read More...
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Brace yourself for a game-changer! The Federal Board of Revenue (FBR) has just unleashed a powerhouse move by launching the Office of the Director General (Special Initiatives – Customs), a bold strike aimed at crushing the Read More...
Prepare to be astonished! Pakistan’s digital payment revolution is exploding with 88% of all retail transactions now surging through digital channels by volume, and mobile banking apps are leading the charge! Read More...
Pakistan’s tax revenue for the first nine months of FY 2024-25 (July-March) fell Rs725 billion short of the target, despite a 28% year-on-year increase in collections. The shortfall worsened in March alone by over Rs100 billion, pushing the Read More...
On Friday, the government announced a minor reduction in petrol prices, cutting Re1 per litre effective immediately until April 15. This adjustment follows appeals from oil marketing companies seeking to prevent supply chain disruptions ahead of Eidul Fitr.
The new petrol Read More...
Starting January 1, 2025, agricultural income in Pakistan will come under taxation, with all provinces structuring their laws in harmony with federal tax regulations for individuals and businesses.
Each provincial government has adjusted its legislation to include both small-scale farmers Read More...
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