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Pakistan Tightens Tax Regime: Late Filer Category Introduced

Pakistan Tightens Tax Regime: Late Filer Category Introduced

Web Desk Jul 1, 2024

The government has introduced significant changes to its income tax system through the Finance Act 2024. These measures aim to…

Pakistan’s Tax-Heavy Finance Bill 2024 Approved by President

Pakistan’s Tax-Heavy Finance Bill 2024 Approved by President

Web Desk Jun 30, 2024

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

New Duty Taxes Imposed on Property Transactions

Web Desk Jun 30, 2024

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

Understanding Pakistan’s Pension Reforms 2024

Web Desk Jun 30, 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

KPRA Surpasses Revenue Target, Sets New Goal for 2024-25

Web Desk Jun 30, 2024

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 Retains Tax Breaks on Medical, Education Items in Budget 2024-25

Web Desk Jun 29, 2024

Pakistan’s Finance Minister, Senator Muhammad Aurangzeb, announced the continuation of tax exemptions for essential medical equipment, health services, and educational…