Islamabad, June 26, 2024 – In a significant policy shift, Finance Minister Muhammad Aurangzeb announced on Tuesday that heavy taxes on retailers will take effect from July 1, 2024.
As Pakistan’s National Assembly continues its proceedings, plans for the upcoming budget session for the fiscal year 2024-25 are taking shape, with discussions slated to begin on June 6th, 2024.
Islamabad, April 29, 2024 – The National Assembly of Pakistan took a significant step forward in tax reform by approving a new money bill aimed at amending existing tax laws, which promises to streamline the tax litigation process and strengthen tax compliance across the country.
Islamabad, June 25, 2023: The National Assembly of Pakistan has given its approval to the budget for 2023-24, incorporating new recommendations for imposing significant taxes.
The National Assembly of Pakistan Thursday rejected a bill that sought funding for provincial elections in Punjab and Khyber Pakhtunkhwa.
On Monday, Finance Minister Ishaq Dar introduced a money bill to provide funds for provincial elections.
ISLAMABAD: On Thursday, a resolution was passed by the National Assembly rejecting the decision made by a three-member bench of the Supreme Court regarding the delay of Punjab elections.
Pakistan’s political saga took a surprising turn over the weekend as Pakistan’s President approved the dissolution of the National Assembly on the Prime Minister’s advice, analysts at KASB Research said. Imran Khan then announced early elections, likely within the next 3 to 6 months. Most notably, the Supreme Court of Pakistan (SCP) has scheduled a […]
ISLAMABAD: The President of Pakistan, Dr. Arif Alvi has accorded assent to the bills that were passed by the National Assembly – Parliament on November 17, 2021, a statement said on Wednesday. On the summaries initiated by National Assembly Secretariat and on the advice of the Prime Minister, the President of Pakistan has accorded his […]
ISLAMABAD: The National Assembly on Tuesday approved federal budget 2021-2022 and Finance Bill 2021. After over a two-week long debate, the National Assembly on Tuesday passed the federal budget with a total outlay of Rs 8.487 trillion, with around 19 percent additional allocations as compared to last year’s Rs 7.137 trillion. The Finance Bill 2021-22 was […]