Islamabad, June 23, 2025 — In a bid to provide targeted relief to the salaried class, the Federal Board of Revenue (FBR) has announced the introduction of new taxation measures aimed at compensating for revenue losses in the federal budget for 2025-26.
(more…)Author: Mrs. Anjum Shahnawaz
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Sindh Weather Update: very hot and humid conditions to persist
Islamabad, June 23, 2025 — The Pakistan Meteorological Department (PMD) has forecast that Sindh will continue to experience very hot and humid weather over the next 24 hours.
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Bangladesh reports highest single-day COVID-19 death toll of 2025
Dhaka, June 22, 2025 — Bangladesh recorded its highest single-day death toll from COVID-19 this year, with five fatalities reported in the past 24 hours, according to the Directorate General of Health Services (DGHS).
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Rain expected in Islamabad amid pre-monsoon activity
Islamabad, June 22, 2025 – The Pakistan Meteorological Department (PMD) has predicted the likelihood of rain in Islamabad and its adjoining areas on Monday, June 23, 2025, as part of ongoing pre-monsoon weather activity affecting the upper regions of the country.
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Minister orders uninterrupted electricity supply during Muharram
Islamabad, June 22, 2025 – In preparation for the upcoming sacred month of Muharram, Federal Minister for Power Division, Sardar Awais Ahmad Khan Leghari, has directed all electricity distribution companies (DISCOs) to implement urgent and comprehensive measures to guarantee uninterrupted electricity supply during the observance period.
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Punjab Weather Forecast for June 23, 2025
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 moves to track undocumented transactions via banks
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 proposes tax concessions on SCRA investments
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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Salary income up to Rs1.2 million to pay 1% tax: Aurangzeb
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 recommends new electricity provider in Karachi
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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