IntroductionIn a major development, Pakistan’s Senate Standing Committee on Finance has proposed increasing the daily tax‑free cash withdrawal limit to Rs. 75,000. This move aims to ease financial pressure amid inflation while promoting formal bankin...
IntroductionThe Pakistani economy is once again facing turbulent waters as financial experts warn of a possible surge in the US dollar rate beyond PKR 300 by mid-2026. The prediction, backed by prevailing macroeconomic trends and anticipated Internat...
Proposed Income Tax Slabs in Pakistan (2025–2026)Staying updated with the latest income tax rates is essential for financial planning and compliance. The Government of Pakistan has introduced proposed tax slabs for the fiscal year 2025–2026, targetin...
IntroductionIn a bold fiscal reformation move, the Government of Pakistan has disregarded the subsidy for Utility Stores Corporation (USC) as part of the 2025–26 federal budget. Alongside, a total of Rs. 190 billion in subsidies—spanning energy, comm...
The Finance Bill 2025-26: A Turning Point for Corporate Tax EnforcementPakistan’s Finance Bill 2025-26 has introduced a bold and controversial provision: it authorizes the Federal Board of Revenue (FBR) to arrest company directors, CEOs, and CFOs sus...
1. IntroductionThe Federal Board of Revenue (FBR)—Pakistan’s principal tax authority—is initiating a bold move by hiring retired military personnel to support tax enforcement operations. This initiative, announced on June 11, 2025 (Source), aims to e...
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