Taxation
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Natural Resources
Pakistan’s Rs17.6 Trillion ‘Austerity’ Budget for FY26 Targets Economic Stability
ISLAMABAD: Pakistan has unveiled its federal budget for the fiscal year 2025–26, totaling Rs17.6 trillion, aiming to achieve a 4.2%…
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Natural Resources
IMF Likely to Oppose Softer Enforcement in Finance Bill
ISLAMABAD: The International Monetary Fund (IMF) is expected to object to changes in the amended Finance Bill 2025. These amendments…
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Natural Resources
SC Restricts FBR from Arrests Without Prior Tax Assessment
ISLAMABAD: The Supreme Court has ruled that the Federal Board of Revenue (FBR) cannot arrest or initiate criminal proceedings against…
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Natural Resources
NA Panel Blocks Uniform Tax Rate, Targets Elite Clubs and Fraud
ISLAMABAD: A key parliamentary committee has rejected the proposal to impose a uniform 4% rental valuation tax on commercial properties,…
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Natural Resources
NA Rejects Uniform Property Tax, Targets Elite Clubs for Tax Compliance
ISLAMABAD: The National Assembly Standing Committee on Finance on Friday rejected the proposal for a uniform 4% rental valuation tax…
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Business
Aurangzeb Declares End to Tax Amnesty Era in Tough Budget Move
ISLAMABAD: Finance Minister Muhammad Aurangzeb delivered a stern message to parliament on Thursday, declaring an end to Pakistan’s cycle of…
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Natural Resources
SIFC Pushes for IMF Nod on Oil Tax as Refinery Upgrades Hang in Balance
ISLAMABAD: The Special Investment Facilitation Council (SIFC) has urgently directed the Finance Ministry to secure IMF approval for petroleum product…
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Education
Online Academies and Teachers to be Taxed: FBR Approval
ISLAMABAD: The Senate Standing Committee on Finance has approved a proposal to impose taxes on online educational platforms and academies.…
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Business
FBR Arrest Powers Face Scrutiny in Budget 2025-26
ISLAMABAD: The federal government is reconsidering the wide-ranging powers granted to the Federal Board of Revenue (FBR) to arrest suspected…
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Natural Resources
Non-Filers Face Strict Barriers in Budget 2025-26
ISLAMABAD: The Government of Pakistan is introducing aggressive tax reforms in Budget 2025–26, with a sharp focus on cracking down…
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