Salaried class still faces heavy Rs535 billion tax burden despite budget relief

Pakistan, June 14 -- The government plans to collect Rs535 billion in income tax from the salaried class in FY 2025-26, despite offering only Rs56 billion in tax relief. The relief comes from a 2% to ... Read More

NA passes amended laws on corporate income tax, excise tax

Hanoi, June 14 -- Hanoi (VNA) - The 15th National Assembly voted to pass the revised Law on Corporate Income Tax and the amended Excise Tax Law on June 14 morning, as part of its ongoing 9th session. ... Read More

Sindh's budget boost: Sales tax cut to 8%, new rules to help businesses thrive

Pakistan, June 14 -- The Sindh government has announced major tax reforms in its FY2025-26 budget to support businesses and boost revenue. It plans to reduce the sales tax on services from 10% to 8%, ... Read More

Delhi to roll out new excise policy, CM Rekha Gupta says social security to be topmost priority

New Delhi, June 14 -- The Delhi Government will soon unveil a new excise policy aimed at making liquor distribution transparent, accountable, and modern, while prioritising social welfare and protecti... Read More

Senate, NA adopt resolutions condemning Israel's attack on Iran

Pakistan, June 14 -- The Senate and the National Assembly have adopted resolutions unanimously condemning Israel's "unjustified and illegitimate aggression against Iran. The resolution, moved by Depu... Read More

Senate Debate on Federal Budget 2025-26: Shibli Faraz urges action on key economic issues

Pakistan, June 14 -- Leader of the Opposition in the Senate, Senator Syed Shibli Faraz, opened budget debate on Friday with a stark focus on current economic challenges, calling for urgent measures by... Read More

Treasury members term budget 2025-26 as people-friendly

Pakistan, June 14 -- Lawmakers in the National Assembly on Friday voiced divergent views on the federal budget for fiscal year 2025-26, with treasury members terming it as a balanced and people-centri... Read More

NBR mulls easing process of refunding Adavanced Income Tax

, June 14 -- The National Board of Revenue (NBR) is considering introducing a system to refund Advance Income Tax (AIT) paid by individuals whose income falls below the tax exemption threshold. To en... Read More

Rising oil prices threaten Pakistan's Rs 1.16 trillion petroleum levy goal

Pakistan, June 14 -- The federal government of Pakistan may miss its target to collect Rs 1,161 billion in petroleum levy this fiscal year. The recent surge in global oil prices, triggered by the Isra... Read More

Rs 10 cr per song: India's highest-paid musician hits headlines

Hyderabad, June 14 -- Anirudh Ravichander, the chart-topping music composer known for blockbuster Tamil films like Jailer, Petta, Master, and Vikram, is back in the headlines, this time not just for h... Read More

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