Islamabad, April 17, 2025 – The Pakistan Association of Large Steel Producers (PALSP) has voiced serious reservations regarding the Federal Board of Revenue’s (FBR) proposed changes to the tax framework governing the Export Facilitation Scheme (EFS) for the steel industry.
(more…)Author: Mrs. Anjum Shahnawaz
-
Pakistan Abolishes Nearly 31,000 Jobs in Rightsizing Drive
Islamabad, April 17, 2025 – In a major step towards administrative reform, the government of Pakistan has abolished approximately 31,000 jobs across various federal departments as part of an ongoing rightsizing initiative.
(more…) -
Tax Exempt Salary Income May Be Raised to Rs800,000 in Budget
Islamabad, April 16, 2025 – In a move aimed at providing much-needed relief to the salaried class, the federal government is reportedly considering increasing the salary tax exemption threshold from the current Rs600,000 to Rs800,000 in the upcoming 2025-26 budget.
(more…) -
Rain Forecast for Murree, Galiyat Amid Hot Spell in Punjab
Islamabad, April 16, 2025 – The Pakistan Meteorological Department (PMD) has predicted a change in weather for the scenic hills of Punjab, as rain is expected in Murree, Galiyat, and surrounding areas on Thursday, April 17, 2025.
(more…) -
Citizens Disappointed as Pakistan Raises Petroleum Levy
Islamabad – April 16, 2025: Citizens are disappointed because despite a sharp decline in global oil prices, the government of Pakistan has chosen to raise the petroleum levy and keep domestic fuel prices unchanged for the second half of April — a move that has drawn strong criticism from citizens across the country.
(more…) -
Islamabad Summer Weather: No Let Up in Heat
Islamabad, April 16, 2025 – The scorching summer heat has taken a firm grip on Islamabad, with no signs of relief expected over the next few days.
(more…) -
Pakistan Keeps Petroleum Prices Steady Till April End
In a move that has disappointed many citizens, the government of Pakistan has decided to keep petroleum prices unchanged for the next fortnight, starting April 16, 2025. The decision was officially announced late Tuesday night through a notification issued by the Ministry of Finance.
(more…) -
FTO Bars FBR from Penalizing Taxpayers for ST Return Delays
ISLAMABAD – April 16, 2025: The Federal Tax Ombudsman (FTO) has formally restrained the Federal Board of Revenue (FBR) from imposing penalties on sales tax registered persons in cases where delays in return filing were caused by the tax department itself.
(more…) -
PM Shehbaz Revives Green Channel for Overseas Pakistanis
Islamabad, April 15, 2025 — Prime Minister Shehbaz Sharif has unveiled a comprehensive package of reforms aimed at supporting overseas Pakistanis, announcing the revival of the Green Channel and several new initiatives to streamline services, resolve legal issues, and enhance educational and professional opportunities for expatriate families.
(more…) -
Thunderstorms Forecast in Multiple Punjab Districts on April 16
Islamabad, April 15, 2025 — The Pakistan Meteorological Department (PMD) has issued a weather advisory predicting thunderstorms in various districts of Punjab on Wednesday, April 16, 2025.
(more…)