Government Mulls Increase in Advance Tax on Property Purchases in Upcoming Budget
According to reports, the government is poised to elevate the advance tax on immovable property purchases by non-filers in the forthcoming budget.Reports revealed that...
IMF Urges Pakistan to Raise General Sales Tax to 18%
The International Monetary Fund (IMF) mission has advised Pakistan to raise its general sales tax (GST) to 18%, as part of discussions held over...
Fly Jinnah Expands International Network with New Route Connecting Islamabad and Bahrain
Fly Jinnah, Pakistan’s low-cost carrier, has announced the launch of its new non-stop flights between Islamabad and Bahrain, starting from 13 June 2024. The...
Govt Slashes Petrol by Rs. 15, Diesel Rs. 7.88 per litre
In response to the global decrease in petroleum product prices, the government of Pakistan has announced a reduction in petrol and high-speed diesel (HSD)...
Upcoming Budget: Govt to Increase Tax on Cash Withdrawals
The federal government is contemplating raising the advance tax on cash withdrawals by non-filers from banks in the upcoming fiscal year budget 2024-25, according...