Karachi, July 10, 2025 – In a dramatic turn of events, the Federal Board of Revenue (FBR) has been stripped of its controversial powers to arrest the CEO and CFO of companies allegedly involved in tax fraud.
(more…)Category: Budget
This is parent category of budgets presented by Pakistan government. Here you will find year-wise federal and provincial budgets.
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Business community rises against FBR’s arrest powers
Multan, July 9, 2025 — A thunderous wave of resistance is sweeping across Pakistan as the business community unites in fierce opposition to the sweeping arrest and investigation powers granted to the Federal Board of Revenue (FBR) through the controversial Finance Act, 2025.
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Sindh notifies Rs40,000 minimum wage for 2025-26
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 province.
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NEV Adoption Levy Act, 2025: What You Need to Know!
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 brings major changes to Motor Vehicles Act, 1939
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 issues major errata to tax expenditure report
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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Hidden Amnesty in Finance Act 2025? Let’s Break It Down Together
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: Major Amendments to Customs Duty
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 –Highlights of Key Changes to Sales Tax
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 – Highlights of Changes to Income Tax
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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