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.
(more…)Author: Mrs. Anjum Shahnawaz
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Senators disapprove carbon levy proposed in Finance Bill 2025
Islamabad, June 20, 2025 – A storm is brewing in Pakistan’s Parliament as lawmakers in the Senate have strongly opposed the proposed carbon levy included in the Finance Bill 2025-26.
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Islamabad braces for thunderstorm spell amid scorching heat
Islamabad, June 20, 2025 – A strong thunderstorm system is set to sweep across Islamabad in the coming days, offering much-needed respite to residents suffering under a relentless heatwave.
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Senate passes bill to access bureaucrats’ asset declarations
ISLAMABAD, June 19, 2025: In a major step toward transparency and accountability in governance, the Senate on Thursday passed the Civil Servants (Amendment) Bill, 2025, allowing public access to the asset declarations of senior government officials. The legislation marks a significant shift in how information related to public servants’ financial interests is handled.
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Pakistan set for pre-monsoon rains starting June 20, 2025
Islamabad, June 19, 2025 – Pakistan is poised to welcome much-needed pre-monsoon rainfall as the Pakistan Meteorological Department (PMD) issued an alert predicting widespread wet weather from June 20, 2025.
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Senate panel debates eligibility rules for financial transactions
Islamabad, June 19, 2025 – The Senate Standing Committee on Finance has initiated a critical discussion over the controversial Finance Bill 2025-26, particularly the newly proposed restrictions on financial transactions by so-called “eligible persons.”
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Thunderstorm probability in Islamabad on June 20: PMD
Islamabad, June 19, 2025 – The Pakistan Meteorological Department (PMD) has issued a weather alert indicating a 40 percent probability of thunderstorm activity in Islamabad on Friday, June 20, 2025.
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Cabinet approves Rs 1.27 trillion loan to resolve circular debt
Islamabad, June 19, 2025 – In a significant development aimed at addressing Pakistan’s chronic power sector woes, the federal cabinet has approved a massive Rs 1.275 trillion loan package to reduce the ballooning circular debt.
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NDMA issues nationwide heatwave alert amid soaring temperatures
Islamabad, June 18, 2025 – The National Disaster Management Authority (NDMA) has issued a comprehensive heatwave alert for large parts of Pakistan as intense and prolonged high temperatures are expected to impact multiple regions in the coming days.
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Scorching weather continues to grip Islamabad
Islamabad, June 18, 2025 – The capital city remains in the grip of a scorching heatwave as temperatures continue to soar with no immediate relief in sight. According to the latest weather forecast by AccuWeather, Islamabad will remain under the influence of intense heat and bright sunshine over the next few days, making daily life increasingly uncomfortable for residents.
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