2 w. ago Govt unveils Rs28.8 trillion budget for essential expenses in FY 2025

ISLAMABAD – The federal government has tabled a massive Rs28.8 trillion compulsory expenditure bill for the fiscal year 2025-26, showing a 17% decrease from the previous year due to falling interest rates. Finance Minister Muhammad Aurangzeb presented the bill in the National Assembly, detailing essential “charged expenditures” such as debt servicing and operational costs of […]

Other

2 w. ago Pakistan collects record Rs298 billion in tobacco taxes, but WHO warns on weak control measures

Pakistan collected a record Rs298 billion (around $1.1 billion) in tobacco taxes in 2024, marking a significant win in reducing tobacco use, according to the World Health Organization’s (WHO) Global Tobacco Epidemic Report 2025. This achievement followed major tax reforms, including a 28% drop in cigarette production. The WHO praised Pakistan for tripling cigarette taxes, […]

Other

3 w. ago Sindh’s budget boost: Sales tax cut to 8%, new rules to help businesses thrive

The Sindh government has announced major tax reforms in its FY2025-26 budget to support businesses and boost revenue. It plans to reduce the sales tax on services from 10% to 8%, cutting it by 2%. This reduction aims to simplify the tax system and reduce the financial pressure on both businesses and consumers. In a […]

Other

3 w. ago Sindh Budget 2025: Salary, Pensions and Adhoc Relief Update for Govt employees

KARACHI – Sigh of relief for government employees, as Chief Minister of Sindh announced a considerable increase in salaries and

Other

4 w. ago Budget 2025 imposes 18% tax on imported solar panels to boost local industry

The federal government presented the Budget 2025-26 in the National Assembly today. Finance Minister Muhammad Aurangzeb unveiled a key proposal aimed at reforming the country’s sales tax system. One of the major changes includes imposing a new tax on solar panel imports. The finance minister announced an 18% sales tax on imported solar panels. This […]

Other

4 w. ago Budget 2025–26: Govt to roll out Rs17.6 trillion plan with major tax reforms

ISLAMABAD – The federal government will present a massive Rs17,600 billion budget for the fiscal year 2025–26 in the National Assembly today. The session will begin at 5 PM under the chairmanship of Speaker Ayaz Sadiq. Earlier, Prime Minister Shehbaz Sharif will lead a federal cabinet meeting at 4 PM to approve the budget draft. […]

Other