Budget 2025–26: Govt Eyes New Taxes on Vehicles Digital Income, Bakery Goods Relief for Salaried Class
As Pakistan prepares to announce its 2025–26 federal budget, key tax policy changes are expected, aiming to broaden the tax base under IMF guidelines while offering selective relief for salaried workers and key industries. New Taxes Proposed: Tax Relief Measures: Relief for Salaried
Budget 2025–26: Major Relief Expected for Construction Sector, Super Tax Cuts Likely
The upcoming Federal Budget 2025–26 is likely to offer tax relief to the construction and industrial sectors, with notable reductions in super tax and import duties, sources revealed on Monday. Over 3,500 imported items may see a reduction in additional regulatory duties, while
Govt Mulls 10% Salary, Pension Hike; Final Decision Expected on June 10
The federal government is actively considering a salary and pension increase for employees as part of the Budget 2025-26, sources from the finance ministry revealed. One proposal includes a 10% hike in both salaries and pensions to offset inflation, along with a 30%
Islamabad Declares Lake View Park, Daman-e-Koh as Family-Only Spots for Eid
The Islamabad district administration has announced that Lake View Park and Daman-e-Koh will be open exclusively to families during the three-day Eid Al-Adha holidays. The decision aims to manage large crowds and ensure public safety. According to an official notification, only families will
Lt Gen Fayyaz Hussain Shah Lauds Youth, Bravery of Armed Forces During Punjab University Visit
Lahore Corps Commander Lieutenant General Fayyaz Hussain Shah has praised the bravery and professionalism of the Pakistan Armed Forces and the youth of the nation, saying Operation Bunyan-um-Marsoos is a testament to the military’s courage and strategic excellence. During a special address at
Budget 2025-26: Govt Proposes Higher Taxes on Bank Withdrawals, Savings, and Vehicles
As Pakistan gears up to unveil its Budget 2025–26, government insiders confirm that a range of new tax measures are on the table — including higher taxes on bank deposits, savings schemes, and cash withdrawals by non-filers, all aimed at improving revenue and
NAB Forms Special Prosecution Team for £190 Million Case Appeals
The National Accountability Bureau (NAB) has constituted a five-member special prosecution team to contest the appeals in the £190 million case, a high-profile corruption investigation involving the former PTI chairman and his wife, Bushra Bibi. According to official sources, Sardar Muzaffar has been
President Zardari urges cricketers to leave politics to politicians
President seeks to strengthen bilateral ties with Bangladesh President Asif Ali Zardari asked Pakistan men’s cricket team players to stay away from team politics and focus on their career in sports as politics is not their domain. On a lighter note, the president
Petroleum Prices Likely to See Minor Adjustment from June 1
Petroleum prices in Pakistan are expected to undergo a minor revision from June 1, driven by global fluctuations in oil markets. The final decision on the new rates will be made following consultation with Prime Minister Shehbaz Sharif, officials confirmed. Sources from the
President Zardari Signs Landmark Child Marriage Restraint Bill into Law for Islamabad
In a significant step towards advancing children’s rights, President Asif Ali Zardari has signed the Islamabad Capital Territory Child Marriage Restraint Bill, 2025 into law. The legislation, passed by Parliament earlier this month, officially became law following presidential assent as per a notification
