Government proposes 18% sales tax on online shopping in Budget 2025-26. The federal government has proposed an 18% sales tax on online shopping in the 2025-26 budget. While presenting the budget in the National Assembly, Finance Minister Muhammad Aurangzeb suggested amendments to the Sales Tax Act, stating that the rapid growth of online businesses and […]
Author: News Desk
Government makes wealth reveal mandatory for big financial transactions
Government makes wealth reveal mandatory for big financial transactions. In a major policy shift aimed at cracking down on tax evasion and expanding the tax net, the federal government has made it mandatory for individuals to file income tax returns and wealth statements to carry out large-scale financial transactions as part of the Budget 2025-26. […]
Family pension capped at 10 years as reforms unveiled in Budget 2025-26
Family pension capped at 10 years as reforms unveiled in Budget 2025-26 in the federal budget for the 2025-26 fiscal year. During the budget speech, Federal Finance Minister Muhammad Aurangzeb stated that over the past few decades, changes were made to the pension scheme through executive orders, which increased the burden on the national exchequer. […]
Tax on solar panels increased to 18%
Tax on solar panels increased to 18%. The federal government has made a major proposal to promote domestically manufactured solar panels in the budget for the fiscal year 2025-26, under which it has been decided to impose an 18% sales tax on imported solar panels. According to the budget document, this move is being taken […]
Government proposes 21% increase in BISP budget
Government proposes a 21% increase in the BISP budget. The current government decided on Tuesday to further expand the Benazir Income Support Programme (BISP) in the budget for the forthcoming fiscal year. According to details, a proposal has been presented to increase the BISP budget by 21% for allocating Rs716billion for the programme. Also read: […]
Several killed in Austrian school shooting, police say
Several killed in Austrian school shooting. Austrian police responded Tuesday to a school shooting in Graz, the country’s second-largest city. Several people were seriously injured or killed, the Austrian public broadcaster ORF reported, citing the Interior Ministry. Police for the state of Steiermark, of which Graz is the capital, tweeted that shots had been heard […]
Ban imposed on second jobs of trainee doctors
Ban imposed on second jobs of trainee doctors. Postgraduate trainee doctors have been stopped from doing second jobs, reported The Asian Mirror. According to a letter issued by the College of Physicians and Surgeons (CPS) to all affiliated institutions on Tuesday, a ban had also been imposed on the private practice of these doctors. Also […]
Pakistan’s Sana Mir makes history with ICC Hall of Fame induction
Pakistan’s Sana Mir makes history with ICC Hall of Fame induction. A proud moment for Pakistan as Pakistan women’s cricket captain Sana Mir has become the first female cricketer from the country to be inducted into the prestigious ICC Hall of Fame, announced the International Cricket Council. Mir joins an elite list of seven inductees […]