Pakistan’s Tax-Heavy Finance Bill 2024 Approved by President
President Asif Ali Zardari assented to the controversial Finance Bill 2024, now Finance Act 2024 ushering in a new fiscal […]
New Duty Taxes Imposed on Property Transactions
Pakistan’s parliament recently passed a new budget for the fiscal year 2025 (FY25), including significant changes to property taxes. Here’s […]
Understanding Pakistan’s Pension Reforms 2024
This article narrates changes to Pakistan’s government pension system for both existing retirees and those retiring after July 1st, 2024. […]
KPRA Surpasses Revenue Target, Sets New Goal for 2024-25
Peshawar, Pakistan – The Khyber Pakhtunkhwa Revenue Authority (KPRA) has exceeded its revenue collection target for the financial year 2023-24, […]
Pakistan Retains Tax Breaks on Medical, Education Items in Budget 2024-25
Pakistan’s Finance Minister, Senator Muhammad Aurangzeb, announced the continuation of tax exemptions for essential medical equipment, health services, and educational […]
Pakistan Increases Tax Burden in Revised 2024-25 Budget
Pakistan’s government has intensified efforts to meet revenue targets by introducing new tax measures in the revised Finance Bill 2024. […]
After Budget Approval Price Increases on Various Items from July 1
The National Assembly of Pakistan has approved the federal budget for the upcoming fiscal year, starting July 1st, 2024. This […]
Pakistan Imposes 10% Income Tax Surcharge Salary on High Earners
The Pakistani government has introduced a new tax measure aimed at boosting revenue collection. Here’s a breakdown of the key […]
FBR Introduces Minimum Profit Rates for Builders and Developers in New Tax Scheme
The Federal Board of Revenue (FBR) has implemented minimum profit rates for builders and developers in Pakistan. This change is […]
National Assembly Approves Budget for 2024-25
Pakistan’s National Assembly passed the budget for the 2024-25 fiscal year on June 28th, 2024. This development comes as the […]