Govt announces 5% withholding tax on social media influencers
The federal government has announced a 5% withholding tax (WHT) on social media influencers. In the federal budget for the fiscal year…
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Budget 2026-2027: Govt proposes abolishing Capital Value Tax on foreign assets
The government has proposed abolishing the Capital Value Tax (CVT) imposed on foreign assets in the Finance Bill. According to budget documents,…
Fixed tax system proposed for small shopkeepers
Finance Minister Muhammad Aurangzeb has said that a proposal is under consideration to introduce a fixed tax system for small shopkeepers. During…
Budget proposes major cut in withholding tax on property transfers
The National Assembly resumed its session at the parliament house in Islamabad on Friday with Speaker Sardar Ayaz Sadiq in the chair.…
Those earning upto Rs50,00 granted tax exemption
Under the relief package, individuals earning up to Rs50,000 per month have been granted a full tax exemption. The income tax for…
Govt abolishes super tax: details here
The government has announced to abolish the supertax in the budget 2026-27, announced the finance minister during the session today. During the…
Govt abolishes surcharge: details here
The government has announced to abolish the surcharge in the budget 2026-27, announced the finance minister during the session today. During the…
Stipend of labourers increased by 10 per cent
The government has announced to increase the stipend of labourers by 10 per cent in the budget 2026-27, announced the finance minister…
7% increase announced in pensions of govt employees
The finance minister, Muhammad Aurangzeb, announced in the National Assembly on Friday that there will be a 7 per cent increase in…
Salaries of govt employees to be increased by 7%
The finance minister of Pakistan, Muhammad Aurangzeb, announced, while addressing the budget speech on Friday in the National Assembly, that the salaries…