Pakistan Revenue
Islamabad — The National Assembly Standing Committee on Maritime Affairs, chaired by Abdul Qadir Patel, on Tuesday unanimously approved the Environmentally Sound Management of Inventory of Hazardous Material on Ships Bill, 2025, while deferring other port-related amendment bills for further legal review.
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Islamabad, January 22, 2026 – The National Assembly on Thursday approved the Income Tax Ordinance (Third Amendment) Bill, 2025, a key piece of legislation aimed at improving the Alternative Dispute Resolution (ADR) system for resolving income tax disputes in Pakistan.
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Islamabad, November 8, 2025 – Federal Minister for Parliamentary Affairs Dr. Tariq Fazal Chaudhry announced on Friday that direct flights between Pakistan and Bangladesh are set to resume shortly.
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Islamabad, August 13, 2025 – The National Assembly of Pakistan on Wednesday unanimously passed a significant resolution aimed at reducing the country’s rapid population growth to more sustainable levels.
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Islamabad, June 26, 2025 — In a significant fiscal development, the National Assembly on Thursday approved the much-anticipated Budget 2025-26, with a total outlay of Rs17.57 trillion. The federal budget, which takes effect from July 1, was passed after intense deliberations and a clause-by-clause reading in the lower house of Parliament.
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Islamabad, June 25, 2025 — The National Assembly on Wednesday approved a comprehensive package of grants amounting to Rs3.55 trillion for the Finance Division, as part of the fiscal framework for the year ending June 30, 2026. The approval came during the ongoing budget session, with Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, […]
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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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Islamabad, June 8, 2025 – The National Assembly of Pakistan has officially locked in June 10 as the date for unveiling the much-anticipated budget for the fiscal year 2025–26.
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ISLAMABAD, May 23, 2025 – In a dramatic move to fulfill a major condition of the International Monetary Fund (IMF), Pakistan has passed a game-changing law slapping a 20% levy on all captive power plants—self-generating energy units that operate off the national grid.
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Islamabad, May 17, 2025 – In a significant move aimed at easing the financial burden on Pakistan’s banking sector, the National Assembly has ratified the Income Tax (Amendment) Bill, 2024, which offers substantial tax relief for banks.
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