Karachi, August 1, 2025 – The Senate Standing Committee on Industries and Production, led by Senator Aon Abbas, visited the headquarters of the Export Processing Zones Authority (EPZA) on Friday to review key challenges facing Pakistan’s industrial zones and to explore policy improvements that can enhance investor confidence.
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Senate recommends enhancing limit for eligible transactions
Karachi, June 22, 2025 – The Senate of Pakistan has proposed significant changes to the Finance Bill, 2025, recommending a substantial increase in the threshold of financial resources required for certain transactions.
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Senate recommends amendments to FBR’s arrest powers
Islamabad, June 22, 2025 — The Senate of Pakistan has formally submitted a set of recommendations to the National Assembly, seeking crucial amendments to the arrest powers of Federal Board of Revenue (FBR) officers under the proposed Finance Bill, 2025.
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Senate proposes major relief on salary tax in Finance Bill 2025
Islamabad, June 21, 2025 — In a move aimed at providing relief to salaried individuals, the Senate of Pakistan has recommended increasing the tax exemption threshold on salary income from the existing Rs600,000 to Rs1.2 million per annum.
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Senate passes bill to access bureaucrats’ asset declarations
ISLAMABAD, June 19, 2025: In a major step toward transparency and accountability in governance, the Senate on Thursday passed the Civil Servants (Amendment) Bill, 2025, allowing public access to the asset declarations of senior government officials. The legislation marks a significant shift in how information related to public servants’ financial interests is handled.
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Senate panel debates eligibility rules for financial transactions
Islamabad, June 19, 2025 – The Senate Standing Committee on Finance has initiated a critical discussion over the controversial Finance Bill 2025-26, particularly the newly proposed restrictions on financial transactions by so-called “eligible persons.”
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Senators question legitimacy of Pakistan Crypto Council
Islamabad, June 2, 2025 – The legitimacy of the recently established Pakistan Crypto Council came under scrutiny during a meeting of the Senate Standing Committee on Information Technology, as several lawmakers expressed reservations about the Council’s legal standing and procedural transparency.
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Senate Passes Trade Organizations (2nd Amendment) Bill, 2025
The Senate on Monday unanimously passed the Trade Organizations (Second Amendment) Bill, 2025, following its earlier approval by the National Assembly.
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Pakistan Abolishes Nearly 31,000 Jobs in Rightsizing Drive
Islamabad, April 17, 2025 – In a major step towards administrative reform, the government of Pakistan has abolished approximately 31,000 jobs across various federal departments as part of an ongoing rightsizing initiative.
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Senate Opposes VPNs Blockage, Warns of $400M Freelancer Loss
The Senate Standing Committee on Information Technology and Telecommunication has strongly opposed the proposed blockage of Virtual Private Networks (VPNs) from November 30, citing potential losses of $400 million in IT remittances. The committee, chaired by Senator Palwasha Mohammad Zai Khan, criticized the move as illegal, noting no law permits blocking such technology.
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