The Federal Board of Revenue (FBR) is preparing to introduce a series of taxation reforms through the Finance Bill 2025-26, with an emphasis on improving tax compliance among non-filers and digital service providers. A major adjustment involves the daily ATM cash withdrawal limit for non-filers. The threshold will be raised from Rs. 50,000 to Rs.…
The federal government has announced a substantial 43 percent cut in the development budget for the Ministry of Information Technology and Telecommunication in the fiscal year 2025-26, sparking widespread concern within Pakistan’s fast-growing tech sector. Official budget figures reviewed by ProPakistani reveal that the development allocation for the IT Ministry will drop to Rs. 13.52…
TikTok Goes Dark for 170 Million U.S. Users TikTok, the widely popular app owned by China’s ByteDance, ceased operations in the United States late Saturday. The abrupt shutdown follows a law requiring TikTok to either sever ties with its China-based parent company or halt its U.S. operations, citing national security concerns. Users attempting to access…
New Directive for Enhanced Workplace Facilities The Punjab School Education Department has issued a significant directive, mandating the construction of separate restrooms for female staff in all its offices. This move aims to create a more inclusive and supportive environment for women in the workplace. Dedicated Restrooms Across All Institutions In a recent circular, the…
Exceeding IMF Expectations In a significant fiscal achievement, Pakistan has met and exceeded the tax targets set by the International Monetary Fund (IMF) for FY 2024-25. The tax-to-GDP ratio reached 10.8%, surpassing the 10.6% benchmark. This success bolsters Pakistan’s eligibility for the next tranche of the IMF loan program. Impressive Half-Yearly Growth Tax collection during…
The federal government of Pakistan is set to undergo a significant administrative overhaul with the planned dissolution of five key ministries, including the Ministry of Information Technology and Telecommunications. This strategic move is aimed at streamlining government operations and reducing bureaucratic inefficiencies. Insiders have revealed that a detailed plan has been prepared to abolish the…
The recent visit of Prime Minister Shehbaz Sharif to China has initiated a new phase in the relations between Pakistan and China, characterized by the signing of several agreements with the goal of strengthening Pakistan’s economy. On the third day of his visit, Sharif witnessed the signing of these important agreements, reaffirming Pakistan’s dedication to…
The Pakistan Telecommunication Authority (PTA) has claimed that they have not received any orders yet regarding the suspension of internet services once again. The authority further claims that mobile internet services have been restored across the country, while the decision to reopen social media sites has not been taken yet. Services of Youtube, Facebook, and…
Prime Minister Shehbaz Sharif on Sunday conducted a meeting with Punjab Caretaker Chief Minister Mohsin Naqvi and federal ministers, regarding the ongoing development projects in the province. 3 Punjab CM, federal ministers attended the meeting PM Shehbaz said that the previous government used the post of chief minister for political manipulation in the federation and…
ISLAMABAD: Led by National Assembly (NA) Speaker Raja Pervez Ashraf, the House is ready to kick off the Golden Jubilee celebrations of the Constitution, which was passed solidly half a century ago. The month-long celebrations will commence on Monday (April 10). A Parliamentary Advisory Committee — comprising the Speaker, members from both Houses of Parliament and headed…