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SC Rules Tax Arrests Without Liability Unlawful

26-Jun-2025
Islamabad, June 26, 2025 — The Supreme Court (SC) has delivered a landmark ruling, declaring initiating criminal cases and arrests of taxpayers without determining sales tax liabilities unlawful, pe...
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SC Rules Tax Arrests Without Liability Unlawful

NA Approves Rs1.74B for Human Rights in FY26

25-Jun-2025
Islamabad, June 25, 2025 — The National Assembly on Wednesday greenlit five demands for grants totaling Rs1.74 billion to bolster the Human Rights Division and its affiliated institutions for the fi...
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NA Approves Rs1.74B for Human Rights in FY26

PBA Endorses FY25-26 Budget for Growth

25-Jun-2025
Karachi, June 25, 2025 — The Pakistan Banks Association (PBA) on Wednesday threw its full support behind the FY2025–26 federal budget, hailing it as a bold step toward inclusive growth, sectoral r...
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PBA Endorses FY25-26 Budget for Growth

Sindh Approves Rs3.45T Budget for FY25-26

25-Jun-2025
Karachi, June 25, 2025 — The Sindh Assembly on Wednesday passed a Rs3.45 trillion budget for FY 2025–26, a 12.9% hike from last year, blending sweeping tax relief with record development spending,...
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Sindh Approves Rs3.45T Budget for FY25-26

Finance Bill 2025 Removes Tax on Long-Term Homes

24-Jun-2025
Islamabad, June 24, 2025 — The amended Finance Bill (2025-26) will eliminate the withholding tax on immovable property sales for individuals who have resided personally in the property for 15 years ...
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Finance Bill 2025 Removes Tax on Long-Term Homes

Rs28.8T Expenditure Bill Tabled for FY25-26

24-Jun-2025
Islamabad, June 24, 2025 — The federal government has tabled a Rs28.8 trillion compulsory expenditure bill for FY 2025-26, a 17% cut from the current year, driven by lower interest rates, though key...
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Rs28.8T Expenditure Bill Tabled for FY25-26

FBR Extends Tax Software Integration Deadlines

23-Jun-2025
Islamabad, June 23, 2025 — The Federal Board of Revenue (FBR) has extended critical deadlines for corporate and non-corporate taxpayers to integrate their invoicing and sales transaction software wi...
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FBR Extends Tax Software Integration Deadlines

Committee Approves Tax on High-End Clubs

21-Jun-2025
Islamabad, June 21, 2025 — The National Assembly Standing Committee on Finance, chaired by MNA Naveed Qamar, has endorsed a bold government proposal to extend the tax net to high-end leisure clubs n...
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Committee Approves Tax on High-End Clubs

FM Cuts Tax, GST in FY25-26 Budget Revision

21-Jun-2025
Islamabad, June 21, 2025 — Finance Minister Muhammad Aurangzeb on Saturday unveiled sweeping revisions to the FY2025-26 federal budget, slashing the income tax rate for the salaried class earning Rs...
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FM Cuts Tax, GST in FY25-26 Budget Revision

PESCO Reports Rs193.4B Loss from Theft in KP

21-Jun-2025
Peshawar, June 21, 2025 — Electricity theft and technical inefficiencies have ravaged Khyber Pakhtunkhwa’s provincial exchequer, inflicting a staggering Rs193.4 billion loss over the past 11 month...
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PESCO Reports Rs193.4B Loss from Theft in KP
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