The Most Up-to-Date finance bill News

Pakistan imposes new climate levy on fuel, offsetting part of petroleum tax
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Pakistan imposes new climate levy on fuel, offsetting part of petroleum tax

New levy replaces part of PDL, which is cut by PKR 2.50 to PKR 75.52/liter for petrol and PKR 74.51 for diesel.

Pakistan stock market gains 1.9% to reach all-time high
Markets

Pakistan stock market gains 1.9% to reach all-time high

Leading trader says the market went up because of fresh liquidity infusion from financial institutions

Pakistan passes revised budget with tax relief, climate levy, and digital economy reforms
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Pakistan passes revised budget with tax relief, climate levy, and digital economy reforms

Budget cuts salaried taxes, rebrands carbon levy, expands digital tax net, and imposes duties on solar imports

Calculator and wooden blocks spelling "TAX" on banknotes background.
Business

Pakistan moves to block major transactions by ‘ineligible’ taxpayers

NA committee moves to block high-value deals by non-filers under the new 15th Schedule of Income Tax Ordinance

Pakistan empowers tax authority to freeze bank accounts of sales tax evaders
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Pakistan empowers tax authority to freeze bank accounts of sales tax evaders

Starting July 1, unregistered businesses face phased account suspensions as Pakistan targets informal economy and strengthens tax enforcement

Pakistan’s parliamentary body proposes expanded tax relief for salaried class
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Pakistan’s parliamentary body proposes expanded tax relief for salaried class

Senate body also proposes restoring capital gains tax and cutting stamp duty to 0.5% for filers, 1% for non-filers on property buys up to Rs20m to boost the sector