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Author: Mrs. Anjum Shahnawaz

Tax Ombudsman

FTO Comforts Importers with Audit Notice Withdrawal Order

May 25, 2024May 25, 2024Mrs. Anjum Shahnawaz

In a significant move to alleviate concerns within the importing community, the Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to withdraw legally questionable audit notices issued to importers.

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petrol shortage

Pakistan Anticipates Reduction in Petroleum Prices from June 1

May 25, 2024May 25, 2024Mrs. Anjum Shahnawaz

Pakistan is poised to see a substantial reduction in petroleum prices starting June 1, 2024, driven by a notable decline in international oil prices.

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Petroleum Prices in Pakistan increase decrease

PM Shehbaz Rejects Carbon Tax Proposal in 2024-25 Budget

May 25, 2024May 25, 2024Mrs. Anjum Shahnawaz

In a decisive move, Prime Minister Shehbaz Sharif has dismissed the Federal Board of Revenue’s (FBR) proposal to implement a carbon tax in the forthcoming 2024-25 budget.

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Tax Budget

Khyber Pakhtunkhwa Proposes 10% Salary Increase

May 24, 2024May 24, 2024Mrs. Anjum Shahnawaz

Peshawar, May 24, 2024 – The Khyber Pakhtunkhwa government on Friday announced a significant 10% hike in the salaries of public servants.

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Hot and Dry Weather

Temperature Soars to 51 Degrees Celsius in Mohenjo Daro

May 24, 2024May 24, 2024Mrs. Anjum Shahnawaz

Mohenjo Daro experienced Pakistan’s highest temperature on record this year as the mercury soared to a blistering 51 degrees Celsius on Friday.

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FBR Blue

FBR Registers 17,384 Traders Under Tajir Dost Scheme

May 24, 2024May 24, 2024Mrs. Anjum Shahnawaz

Islamabad, May 24, 2024 – The Federal Board of Revenue (FBR) announced on Friday that it has successfully registered 17,384 traders under its Tajir Dost Scheme as of May 23, 2024.

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Pakistan PM and President UAE

UAE Pledges $10 Billion Investment in Pakistan

May 23, 2024May 23, 2024Mrs. Anjum Shahnawaz

Abu Dhabi, May 23, 2024 – In a significant diplomatic and economic development, President of the United Arab Emirates (UAE), Sheikh Mohamed bin Zayed Al Nahyan, has pledged a substantial investment of $10 billion in various sectors of Pakistan.

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Prime Minister Shehbaz Sharif

Pakistan Aims to Transform Economy with UAE Collaboration

May 23, 2024May 23, 2024Mrs. Anjum Shahnawaz

Abu Dhabi, May 23, 2024 – Prime Minister Shehbaz Sharif has declared his government’s strong commitment to transforming Pakistan economy through strategic collaboration with the United Arab Emirates (UAE).

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Hajj 2023

Saudi Arabia Bans Makkah Entry for Visit Visas During Hajj

May 23, 2024May 23, 2024Mrs. Anjum Shahnawaz

Riyadh, May 23, 2024 – The Saudi Ministry of Interior has announced a restriction on entry to Makkah for all individuals holding visit visas during the upcoming Hajj season, which spans from May 23 to June 21, 2024.

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Pakistan International Airlines

PIA Offers Student Discount on Travel from China to Pakistan

May 23, 2024May 23, 2024Mrs. Anjum Shahnawaz

Beijing, May 23, 2024 — In a welcome move for Pakistani students in China, Pakistan International Airlines (PIA) has announced a 20 percent discount on fares for travel from China to Pakistan.

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  • Finance Act, 2026: new tax measures enforce from July 1
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