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Islamabad: In a much -needed relief for the tax -affected and inflationed government employees, the government stopped their wages by 10% along with a 4% reduction in the income tax rate across different plates in the federal budget revealed on Tuesday. The government has taken a significant step to provide significant relief to lower and […]

Islamabad: Finance Minister Muhammad Aurangzeb on Tuesday revealed an RS17.6 trillion budget that tried to limit tax expansion, but taxation measures were clearly contradictory that on the one hand would promote cash economy and fossil fuels, but also deter these on the other. The government of Prime Minister Shehbaz Sharif also introduced new taxes on

Pakistan Tehreek-E-Insaf (PTI) rejected the federal budget 2025-26 both inside and outside the National Assembly on Tuesday and called it an “IMF-dictated budget” that lacks public legitimacy and launched a two-shaped attack: an aggressive protest on the assembly floor and a pointed press conference soon after. The finance minister’s second consecutive budget speech started under

Islamabad: President Asif Ali Zardari said Tuesday that Pakistan and Russia have tremendous potential needed to be exploited to expand the bilateral partnership in trade, investment, technology and exchange of people. The president made these remarks as the main guest at the special ceremony celebrating the 35th national day of the Russian Federation held in

Islamabad: Islamabad High Court (IHC) has disposed of tax cases worth more than RS600 billion and canceled the residence order in the last two months. A special division bench consisting of Justice Muhammad Azam Khan and Justice Inaam Ameen Minhas, which disposed of tax cases worth RS424 billion, a report said Tuesday. On the instructions

Rawalpindi: Pakistan Tehreek-E-Insaf (PTI) Patron-in-Chief Imran Khan on Tuesday paralyzed the federal budget and warned that paid persons and farmers should once again shoulders the majority of the burden. In a speech with journalists outside Adiala Prison, his sister Aleema Khan quoted the former prime minister as saying that the upcoming Khyber-Pakhtunkhwa budget would be

Islamabad: Islamabad High Court resumes the hearing today (Wednesday) about the appeals filed by Pakistan Tehreek-E-Insaf (PTI) Patron-in-Chief Imran Khan and the former First Lady Bushra Bibi seeking suspension of their judgments in £ 190 million reference. The consultation is held by functioning Chief Justice Sardar Sarfraz Dogar and Justice Muhammad Asif. The court had

Islamabad: Reports from various Senate Standing Committee on important regulatory bills were presented in the upper house on Tuesday under the rules of the procedure and business in the Senate. Standing Committee for Interior and Drug Control President Senator Faisal Saleem Rehman presented the committee’s reports on three significant change bills. The senator first presented

London: PPP chairman and former Foreign Minister Bilawal Bhutto Zardari warned on Tuesday that India’s recent attack on Pakistani civilians and its suspension of the Indus Waters Treaty could have dangerous consequences for regional and international peace and security. He made these remarks while leading a high -level parliamentary delegation that oriented the All Party

Islamabad: The federal budget for the financial year 2025-26 has proposed a significant expansion of the Federal Board of Revenue (FBR), including the introduction of strict enforcement measures aimed at tightening the tax regime and limiting financial irregularities. According to official sources, FBR has been given powers similar to those from a Station House Manager