Islamabad, May 17, 2025 – The Pakistan Meteorological Department (PMD) has issued an alert forecasting a severe heatwave that is expected to intensify across multiple districts of Punjab on Sunday, May 18, 2025.
(more…)Author: Mrs. Anjum Shahnawaz
-
Pakistan identifies trade corridors to boost regional connectivity
Islamabad, May 17, 2025 – Pakistan has unveiled a comprehensive vision to establish itself as a vital economic link between South Asia, Central Asia, and beyond.
(more…) -
Islamabad sizzles under intense heatwave with no relief in sight
Islamabad, May 17, 2025 – The residents of Islamabad are facing searing temperatures as a relentless heatwave grips the capital with no signs of abating.
(more…) -
Pakistan and IMF engage in talks on salary tax rationalization
Islamabad, May 17, 2025 – Pakistan and the International Monetary Fund (IMF) have initiated crucial discussions on the rationalization of salary taxation in the forthcoming federal budget for the fiscal year 2025-26.
(more…) -
National Assembly approves major tax relief for banks in Pakistan
Islamabad, May 17, 2025 – In a significant move aimed at easing the financial burden on Pakistan’s banking sector, the National Assembly has ratified the Income Tax (Amendment) Bill, 2024, which offers substantial tax relief for banks.
(more…) -
Pakistan plans major tax regime overhaul for gold trade in budget
ISLAMABAD, May 17, 2025 – The Government of Pakistan is actively reviewing proposals to reshape the tax regime for gold transactions in the upcoming federal budget for the fiscal year 2025-26.
(more…) -
No new taxes on tobacco crop, assures law minister
ISLAMABAD, May 17 — Federal Law Minister Azam Nazeer Tarar on Friday assured the National Assembly that no new regulations or taxes have been imposed on the tobacco sector, particularly on the crop or landowners in Khyber Pakhtunkhwa.
(more…) -
Aurangzeb engages American businesses on budget 2025-26
Islamabad, May 17, 2025 – Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a high-level meeting on Friday with representatives of American businesses in Pakistan to discuss key tax and economic proposals for the upcoming 2025-26 federal budget.
(more…) -
PMD forecasts very hot weather for Sindh on May 17, 2025
Islamabad, May 16, 2025 – The Pakistan Meteorological Department (PMD) has issued a heatwave alert for Sindh, predicting very hot and dry weather across most districts of the province on Saturday, May 17, 2025.
(more…) -
Pakistan’s textile exports near $15 Billion in 10MFY25
Islamabad, May 16, 2025 – Pakistan’s textile exports have shown a strong performance during the first ten months (July to April) of the fiscal year 2024-25, reaching close to the $15 billion mark.
(more…)