Pakistan�s salaried class has stepped up its income tax contributions, with a remarkable surge to Rs285 billion in the first seven months of the current fiscal year�an increase of Rs100 billion compared to the same period last year.
The breakdown shows non-corporate sector employees paid Read More...
In a groundbreaking move to increase transparency, Pakistan�s federal cabinet has given the green light to a crucial amendment to the Civil Servants Act of 1973. This new legislation mandates that senior government officials, ranging from BPS 17 to 22, disclose not only their own assets but also Read More...
The government�s bold move to impose a hefty tax of up to 15% on banks with an advance-to-deposit ratio (ADR) under 50% by December 31, 2024, has sparked a dramatic reversal in private-sector borrowing trends. What initially fueled a sharp surge in borrowing, driven by the fear of the tax, is Read More...
Pakistan is bracing for a high-stakes showdown with the International Monetary Fund (IMF) as the country prepares to welcome not one, but TWO critical policy-level missions aimed at securing over a staggering $1 billion in additional financing for climate resilience. This comes amidst ongoing Read More...
HUGE meeting in Dubai! ? Prime Minister Shehbaz Sharif sat down with IMF Managing Director Kristalina Georgieva at the World Governments Summit (WGS) 2025 to discuss Pakistan�s ongoing IMF program and the nation�s remarkable journey toward macroeconomic stability. This was a critical moment for Read More...
The National Assembly Standing Committee on Finance and Revenue just approved MASSIVE amendments to the tax system that will directly impact millions of Pakistanis! ? Non-filers can now purchase rickshaws, motorcycles, tractors, and cars up to 800cc! This move is a game-changer for individuals Read More...
The Federal Board of Revenue (FBR) has just rolled out a MASSIVE update on property valuations in Karachi, shaking up how commercial properties, residential areas, industrial plots, and high-rises are valued! ?
Released under S.R.O. 144(I)/2025 on Tuesday, this revision updates the earlier Read More...
The All Pakistan Fruits and Vegetables Exporters, Importers, and Merchants Association (PFVA) is calling for a REVOLUTION in Pakistan�s economic policies, demanding drastic budgetary measures to SLASH production costs, skyrocket exports, and fuel unparalleled growth within the industry. The time Read More...
Mohsin Sheikhani, the Patron-in-Chief of the Association of Builders and Developers of Pakistan (ABAD), has declared that a revolutionary new era for property investment is on the horizon. This bold statement comes as the government prepares to introduce sweeping tax cuts aimed at revitalizing Read More...
Pakistan has suffered a sharp decline in Transparency International�s (TI) latest Corruption Perceptions Index (CPI), dropping two places to 135th out of 180 countries in 2024, compared to 133rd last year. The country�s score has plummeted to a dismal 27 out of 100, down from 29 in 2023, Read More...
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