The federal budget for the fiscal year 2025-26 has been laid out in detail, offering a comprehensive glance at how the government plans to mobilize and spend its financial resources over the coming year.
(more…)Author: Shahnawaz Akhter
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Government raises 10% salary, 7% pension in budget 2025-26
In a significant move aimed at providing financial relief to public sector employees and retirees, the federal government has proposed a 10% increase in the salary of government employees and a 7% hike in pensions in the Budget for the fiscal year 2025-26.
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Pakistan introduces carbon levy at Rs2.50 per liter for FY26
Islamabad, June 10, 2025 – In a landmark move toward environmental sustainability and fiscal reform, the Government of Pakistan has officially introduced a carbon levy on petroleum products for the first time in its history.
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Finance Bill 2025: Salient Features of Federal Excise Duty
Islamabad, June 10, 2025 – The Federal Board of Revenue (FBR) has released a summary of significant changes to the Federal Excise Act, 2005, introduced through the Finance Bill 2025. These amendments are part of broader fiscal reforms aimed at improving tax compliance, curbing tax evasion, and streamlining enforcement mechanisms.
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Finance Bill 2025: Salient Features of Income Tax Ordinance
Islamabad, June 10, 2025 – As part of the ongoing fiscal reforms, the Federal Board of Revenue (FBR) has unveiled major amendments to the Income Tax Ordinance, 2001 through the Finance Bill 2025.
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Finance Bill 2025: Salient Features of Changes in Sales Tax Act
Islamabad, June 10, 2025 – The Federal Board of Revenue (FBR) has announced a comprehensive set of amendments to the Sales Tax Act, 1990 under the newly proposed Finance Bill 2025.
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Finance Bill 2025: Salient Features of Customs Duties
Islamabad, June 10, 2025 – The Federal Board of Revenue (FBR) has unveiled the salient features of the Finance Bill 2025, focusing extensively on reforms and amendments in the Customs sector under the Customs Act, 1969.
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Aurangzeb presents Rs17.57tr growth-oriented 2025-26 budget
Islamabad, June 10, 2025 – In a pivotal session of the National Assembly on Tuesday, Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, presented the much-anticipated federal budget for the fiscal year 2025–26.
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KCAA raises alarm over worsening container backlog at KICT
Karachi, June 10, 2025 – The Karachi Customs Agents Association (KCAA) has issued a strong statement expressing serious concern over the escalating backlog of import containers at the Karachi International Container Terminal (KICT), warning of mounting delays, financial losses, and deteriorating service standards that are hampering trade operations.
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PSX soars to record high of 122,024 points on budget eve
Karachi, June 10, 2025 – The Pakistan Stock Exchange (PSX) has achieved an unprecedented milestone, with its benchmark KSE-100 index reaching an all-time high of 122,024 points on the eve of the federal budget 2024-25 announcement. This remarkable surge reflects a significant uplift in investor confidence and market sentiment.
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