Pakistan will be introducing reduced electricity tariffs this winter according to an interview of Power Minister Awais Leghari on Saturday, 9 November 2024. Business and citizens are likely to  benefit from a 7-8% reduction in power

Pakistan's Federal Board of Revenue (FBR) published a Notification S.R.O. 949(I)/2024 on 3 July 2024, which includes  new returns forms available for companies, salaried persons, and business individuals for the tax year 2024. The forms are

The Finance Bill 2024 enacts specific provisions proposed in the 2024-25 Budget on 12 June 2024, which include amendments to personal income tax, capital gain tax, sales tax, excise duty, and other taxes. These changes will take effect on 1 July,

Pakistan’s Finance Minister Muhammad Aurangzeb presented the 2024-25 federal budget of PKR 18.87 trillion (USD 68 billion) in the National Assembly yesterday, 12 June, 2024. This year’s national budget is an increase of 40% from the current

Pakistan and Kuwait have agreed to formalise Memorandum of Understandings (MoUs) for collaboration in various areas. During the 5th Session of the Pakistan-Kuwait Joint Ministerial Commission; held from 28 – 30 May, 2024, in Kuwait; both

The income tax treaty between Estonia and Pakistan officially entered into force on 30 April, 2024, marking a significant milestone in bilateral economic relations. Signed on 20 November, 2023, this historic agreement is the first of its kind