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US Senate passes Trump's sweeping tax-cut, spending bill, sends to House
Senate passes Trump’s tax bill 51-50; USD 3.3T debt increase sparks GOP splits before final House vote
Jul 01, 2025
Jul 01, 2025
Senate passes Trump’s tax bill 51-50; USD 3.3T debt increase sparks GOP splits before final House vote
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
Petition claims NEPRA-approved rates could cost treasury PKR 390 billion over 7 years
