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NHA Increases Toll Taxes by Up to 50% on Major Motorways from April 1

03-Apr-2025
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 ready...
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NHA Increases Toll Taxes by Up to 50% on Major Motorways from April 1

FBR Reports Rs 100 Billion Shortfall in March 2025 Tax Collection

02-Apr-2025
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, crashin...
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FBR Reports Rs 100 Billion Shortfall in March 2025 Tax Collection

AJK Imposes Section 144 to Stop Cigarette Smuggling During Eid

02-Apr-2025
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, especial...
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AJK Imposes Section 144 to Stop Cigarette Smuggling During Eid

FBR Launches New Office to Combat Customs Fraud and Boost Revenue

02-Apr-2025
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 str...
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FBR Launches New Office to Combat Customs Fraud and Boost Revenue

Pakistan Digital Payments Skyrocket, 88 percent of Transactions Now Digital

02-Apr-2025
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 t...
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Pakistan Digital Payments Skyrocket, 88 percent of Transactions Now Digital

Pakistan Tax Deficit Hits Rs725B, IMF Revises Target, New Levies Imposed

29-Mar-2025
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 Marc...
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Pakistan Tax Deficit Hits Rs725B, IMF Revises Target, New Levies Imposed

Petrol Price Cut by Rs1/Litre Until April 15, HOBC Levy Increased

29-Mar-2025
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...
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Petrol Price Cut by Rs1/Litre Until April 15, HOBC Levy Increased

Agricultural Income Tax Becomes Law in Pakistan. Rates, Deadlines & Compliance

29-Mar-2025
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.Eac...
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Agricultural Income Tax Becomes Law in Pakistan. Rates, Deadlines & Compliance

FIO and FOSPAH Drop 2024 Reports to President Zardari

29-Mar-2025
On Friday, Federal Insurance Ombudsman (FIO) Mumtaz Ali Shah handed over the 2024 annual report to President Asif Ali Zardari at Aiwan-e-Sadr.Shah told the president that the FIO sorted out 5,827 comp...
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FIO and FOSPAH Drop 2024 Reports to President Zardari

SECP Sets Tougher Rules for Fund Manager Reports

28-Mar-2025
The Securities and Exchange Commission of Pakistan (SECP) has brought in new, tougher rules for Fund Manager Reports (FMRs) from Asset Management Companies (AMCs). The aim is to make things clearer fo...
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SECP Sets Tougher Rules for Fund Manager Reports
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