The International Monetary Fund (IMF) has asked the Federal Board of Revenue (FBR) to submit alternate taxation proposals if the government proceeds with its planned tax relief for the salaried class in the upcoming federal budget for 2025–26.
(more…)Author: Mrs. Anjum Shahnawaz
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Sindh opposes IMF proposal for increased agricultural taxes
Karachi, June 1, 2025 – The Sindh government has firmly opposed the latest demand by the International Monetary Fund (IMF) to impose more taxes on the agricultural sector, warning that such measures could severely harm farmers and threaten the country’s food security.
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Lahore High Court issues landmark ruling on tax recovery
Lahore, June 1, 2025 – The Lahore High Court has issued a detailed judgment clarifying the legal process regarding the recovery of tax arrears and the initiation of criminal proceedings against taxpayers.
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Mercury may slide in Islamabad but weather remains very hot
Islamabad, June 1, 2025 – Although a slight dip in temperatures is expected over the coming days, the weather in Islamabad will remain very hot, according to the latest forecast by AccuWeather.
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Petrol price in Pakistan increases by Re1 today
Islamabad, June 1, 2025 – The government of Pakistan announced on Saturday a slight increase of Re1 per liter in petrol prices for the upcoming fortnight, effective from June 1.
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Islamabad weather update for Sunday, June 1, 2025
Islamabad, May 31, 2025 – The Pakistan Meteorological Department (PMD) has issued its latest Islamabad weather update for Sunday, June 1, 2025.
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Pakistan faces tobacco epidemic with 23 million smokers
As the world observes World No Tobacco Day, alarming statistics have emerged highlighting the persistent threat of tobacco use in Pakistan. According to newly released data, over 23 million people in Pakistan are active consumers of tobacco products, underscoring a major health crisis.
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Sindh sizzles under summer heatwave – no respite in sight
Islamabad, May 31, 2025 – The blazing summer heat continues to grip Sindh as residents face unrelenting high temperatures with no immediate relief forecast. The Pakistan Meteorological Department (PMD) has warned of persistently hot and dry summer conditions across most districts of Sindh, including major urban centers like Karachi, in the coming days.
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Pakistan set to revise petroleum prices for first half of June 2025
ISLAMABAD: The government of Pakistan is preparing to revise petroleum prices for the first half of June 2025, with a formal announcement today.
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Pakistan announces four-day public holidays for Eid-ul-Adha 2025
ISLAMABAD: The federal government of Pakistan has announced a four-day public holiday on the occasion of Eid-ul-Adha, allowing citizens across the country to celebrate the religious festival with ease and comfort.
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