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Author: Mrs. Anjum Shahnawaz

Pakistan Weather

Punjab Weather Forecast for June 23, 2025

June 22, 2025June 22, 2025Mrs. Anjum Shahnawaz

The Pakistan Meteorological Department (PMD) has released the Punjab weather forecast for Monday, June 23, 2025, indicating that the province is expected to experience predominantly hot and humid conditions, with chances of isolated rain and thunderstorms in several districts.

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FBR Image 01 New

FBR moves to track undocumented transactions via banks

June 22, 2025June 22, 2025Mrs. Anjum Shahnawaz

ISLAMABAD, June 22, 2025 – The Federal Board of Revenue (FBR) has unveiled a key initiative under the Finance Bill 2025-26 aimed at curbing undocumented economic activity by capturing high-value banking transactions made by unregistered businesses across Pakistan.

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FBR Pakistan Karachi

FBR proposes tax concessions on SCRA investments

June 22, 2025June 22, 2025Mrs. Anjum Shahnawaz

ISLAMABAD, June 22, 2025 – The Federal Board of Revenue (FBR) has proposed a key amendment under the Finance Bill 2025-26 aimed at regulating tax benefits for investments made through Special Convertible Rupee Accounts (SCRA).

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Muhammad Aurangzeb

Salary income up to Rs1.2 million to pay 1% tax: Aurangzeb

June 21, 2025June 21, 2025Mrs. Anjum Shahnawaz

Islamabad, June 21, 2025 – Finance Minister Senator Muhammad Aurangzeb on Saturday announced significant tax relief for the salaried class, stating that salary income of up to Rs1.2 million annually will now be subject to only 1% income tax from the next fiscal year.

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national assembly

National Assembly recommends new electricity provider in Karachi

June 21, 2025June 21, 2025Mrs. Anjum Shahnawaz

Islamabad, June 21, 2025 – The National Assembly Standing Committee on Government Assurances has formally recommended that the federal government explore the induction of a new electricity provider in Karachi, aiming to introduce competition and improve power services in Pakistan’s largest metropolitan city.

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Weather Forecast Thundershowers

Islamabad braces for more thundershowers in coming days

June 21, 2025June 21, 2025Mrs. Anjum Shahnawaz

Islamabad, June 21, 2025 – The capital city of Islamabad is expected to experience a spell of thundershowers over the weekend, as per the latest weather advisory issued by the Pakistan Meteorological Department (PMD) on Saturday.

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NADRA

Pakistan enforces new CNIC rules to enhance identity transparency

June 20, 2025June 20, 2025Mrs. Anjum Shahnawaz

Islamabad, June 20, 2025 – In a landmark move to modernize its identity management infrastructure, Pakistan has officially enforced new rules governing the issuance and regulation of the Computerized National Identity Card (CNIC), aimed at ensuring enhanced transparency, security, and efficiency across the national database.

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Pakistan Weather

Thundershower forecast for North Punjab on Saturday: PMD

June 20, 2025June 20, 2025Mrs. Anjum Shahnawaz

Islamabad, June 20, 2025 – The Pakistan Meteorological Department (PMD) has issued a weather advisory predicting thundershowers across several northern districts of Punjab on Saturday, June 21, 2025.

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Tax Budget

Punjab Finance Bill 2025 introduces sweeping sales tax reforms

June 20, 2025June 20, 2025Mrs. Anjum Shahnawaz

LAHORE, June 20, 2025 – The Punjab government has unveiled far-reaching changes to its sales tax regime under the Punjab Finance Bill 2025, marking a major structural reform aimed at expanding the tax base and digitizing the provincial economy.

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coins and money

Banks should be treated as normal companies for taxation: FBR

June 20, 2025June 20, 2025Mrs. Anjum Shahnawaz

Islamabad, June 20, 2025 – The Federal Board of Revenue (FBR) has taken a firm stance on overhauling the taxation framework for banks, recommending that the banking sector be treated like any other company for taxation purposes.

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