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Category: Budget 2024-25

Pakistan Budget 2024–25 outlines key fiscal measures, taxation updates, development allocations, and economic reforms aimed at stabilizing economy.

PBC Proposals

FPCCI Advocates Revoking Section 8B of Sales Tax Act

June 8, 2024June 8, 2024Shahnawaz Akhter

PkRevenue.com — The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called for the revocation of Section 8B of the Sales Tax Act, 1990 in the forthcoming budget for the fiscal year 2024-25.

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Federation of Pakistan Chambers

FPCCI Calls for Abolishment of Further Tax in 2024-25 Budget

June 8, 2024June 8, 2024Shahnawaz Akhter

PkRevenue.com – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proposed the elimination of the further tax in the forthcoming 2024-25 budget, aiming to alleviate the burden on the business community.

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Pakistan Budget 2024-25

Proposals for Significant Salary Hikes in 2024-25 Budget

June 8, 2024June 8, 2024Faisal Shahnawaz

As the federal government expedites the finalization of the 2024-25 budget, significant changes are on the horizon for the public sector workforce. According to reports, the Finance Minister has proposed a substantial 15-20% salary increase, reflecting a broader strategy to enhance compensation across various grades.

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ICAP - CA

ICAP Urges Removal of Glitches in Business Bank Account

June 8, 2024June 8, 2024Shahnawaz Akhter

PkRevenue.com – The Institute of Chartered Accountants of Pakistan (ICAP) has called on tax authorities to address the existing glitches in the process of adding or amending business bank accounts.

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gold jewellery

Pakistan Set to Bring Gold and Jewelry into Formal Economy

June 7, 2024June 7, 2024Shahnawaz Akhter

PkRevenue.com – In a significant move towards economic documentation, Pakistan has decided to integrate its gold and jewelry sector into the formal economy.

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Pakistan Budget 2024-25

What Tax Measures Are on the Cards in Pakistan 2024-25 Budget?

June 7, 2024June 7, 2024Shahnawaz Akhter

PkRevenue.com – Pakistan is gearing up to announce its budget for the fiscal year 2024-25 next week, but the tax measures remain unresolved. These decisions are critical for generating additional tax revenue to support the country’s economic framework.

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Torkham

ICAP Proposes Anti-Smuggling Measures for Afghan Transit Trade

June 6, 2024June 6, 2024Shahnawaz Akhter

PkRevenue.com – The Institute of Chartered Accountants of Pakistan (ICAP) has called for stricter measures to address rampant smuggling plaguing the Afghan Transit Trade (ATT).

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chartered Accountants

ICAP Unveils Measures to Secure CPEC from Smuggling Woes

June 6, 2024June 6, 2024Shahnawaz Akhter

PkRevenue.com – The Institute of Chartered Accountants of Pakistan (ICAP) has proposed a series of measures to be incorporated in the upcoming budget for 2024-25.

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stock exchange activity

Pakistan Stock Braces for Potential Tax Hike in 2024-25 Budget

June 6, 2024June 6, 2024Shahnawaz Akhter

PkRevenue.com – Pakistan stock market is jittery over rumors of an increase in capital gains tax (CGT) and dividend tax in the upcoming budget.

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FBR logo

FBR Proposes Reduction of Sales Tax Exemptions in Budget

June 6, 2024June 6, 2024Shahnawaz Akhter

PkRevenue.com – In a significant development ahead of the federal budget for 2024-25, Tax Managers from the Federal Board of Revenue (FBR) have put forward a recommendation to curtail sales tax exemptions.

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