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Category: Budget 2025-26

Pakistan Budget 2025–26 presents fiscal strategy, tax reforms, development spending, and policy measures aimed at economic stability.

Sindh government

Sindh notifies Rs40,000 minimum wage for 2025-26

July 5, 2025July 5, 2025Shahnawaz Akhter

Karachi, July 5, 2025 – In a significant move to uplift the standard of living of laborers, the Sindh government has officially notified the implementation of new minimum wage rates, setting the monthly wage at Rs40,000 for unskilled adult and adolescent workers. This decision aims to ensure fair compensation and improve labor conditions across the […]

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imported cars

NEV Adoption Levy Act, 2025: What You Need to Know!

July 4, 2025July 4, 2025Faisal Shahnawaz

Karachi, July 4, 2025 – Say goodbye to business as usual in the auto industry! The federal government has officially rolled out the New Energy Vehicles (NEV) Adoption Levy Act, 2025, effective from July 1, and it’s a game-changer for anyone involved in the world of cars, motorcycles, buses, and trucks.

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Sindh government

Sindh brings major changes to Motor Vehicles Act, 1939

July 3, 2025July 3, 2025Shahnawaz Akhter

Karachi, July 3, 2025 — Big changes are underway for vehicle owners in Sindh as the provincial government has officially updated the Motor Vehicles Act, 1939 through the recently approved Finance Act, 2025.

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Finance Ministry 02

Finance Ministry issues major errata to tax expenditure report

July 2, 2025July 2, 2025Shahnawaz Akhter

Islamabad, July 2, 2025 – In an unexpected twist that has stirred both curiosity and criticism, the Finance Ministry has issued a formal errata to its tax expenditure report for the fiscal year 2024-25, drastically revising earlier figures and raising questions about transparency in budget formulation.

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finance act 2025

Hidden Amnesty in Finance Act 2025? Let’s Break It Down Together

July 2, 2025July 2, 2025Shahnawaz Akhter

Islamabad, July 2, 2025 – Think tax amnesties are a thing of the past? Think again. In a surprising twist, the Finance Act, 2025 may have quietly reintroduced an amnesty—but this time, it’s wrapped in legalese and called the “declaration of sufficient sources.” Confused? Let’s walk through it.

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finance act 2025

Finance Act 2025: Major Amendments to Customs Duty

July 1, 2025July 1, 2025Shahnawaz Akhter

Islamabad, July 1, 2025 – The National Assembly has officially passed the Finance Act 2025, incorporating key changes to the customs duty regime of Pakistan as proposed earlier through the Finance Bill 2025.

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finance act 2025

Finance Act 2025 –Highlights of Key Changes to Sales Tax

July 1, 2025July 1, 2025Shahnawaz Akhter

Islamabad, July 1, 2025 – The National Assembly of Pakistan has formally passed the Finance Act 2025, incorporating several pivotal amendments to the Sales Tax Act, 1990, as proposed earlier in the Finance Bill 2025.

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finance act 2025

Finance Act 2025 – Highlights of Changes to Income Tax

July 1, 2025July 1, 2025Shahnawaz Akhter

The National Assembly has officially passed the Finance Act 2025, marking a pivotal shift in Pakistan’s income tax regime with wide-ranging amendments that will reshape fiscal compliance and broaden the tax base.

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Petroleum Prices in Pakistan increase decrease

Pakistan Abolishes Carbon Levy

June 30, 2025June 30, 2025Faisal Shahnawaz

The Government of Pakistan has officially replaced the carbon levy with a newly introduced Climate Support Levy, effective from July 1, 2025.

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finance act 2025

Revised Super Tax Rates Effective July 1, 2025

June 30, 2025June 30, 2025Shahnawaz Akhter

Karachi, June 30, 2025 – The government has officially notified revised super tax rates through the Finance Act, 2025, which will take effect from July 1, 2025, for the tax year 2026 and onward.

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