Search Novexa News

The KP cabinet has approved draft notifications providing provincial sales-tax relief to businesses in Malakand and the former tribal districts.

Prime Minister Andy Burnham has introduced a 20% business rates discount for English pubs and music venues. The move faces immediate scrutiny over its funding methods and scope within the hospitality sector

The government and Jamaat-i-Islami have agreed to form committees to review the petroleum levy and recommend public relief measures.

The Islamabad High Court dismissed a petition filed by Meezan Bank challenging the constitutional validity of Section 4C of the Income Tax Ordinance 2001, upholding the levy of super tax on banks.

Chancellor John Healey weighs options for capital gains tax, raising questions about its effectiveness for revenue and its potential economic impact

In response to a sudden spike in global oil prices due to rising tensions in the Middle East, the government has introduced a special relief package for the ordinary people to ease the financial burden of people riding…

ISLAMABAD: A subcommittee of the Senate Standing Committee on Interior and Narcotics Control on Monday examined border security arrangements at major import entry points, concerns over possible tax evasion linked to…

A group of wealthy Britons is backing higher taxes on the rich, arguing that too much wealth and influence has been concentrated among too few

The government has introduced a streamlined registration process for the Prime Minister's fuel relief programme, allowing eligible citizens to register through SMS instead of visiting government offices. ## How citizens…

Ishaq Dar calls for coordinated planning, transparent delivery and clear public communication for the prime minister's targeted fuel relief initiative.

Prime Minister Andy Burnham has eliminated VAT on household electricity bills starting in October, funded by a controversial redirection of the abandoned digital ID programme’s budget for the current financial year

Pakistan’s tax refund process has come under scrutiny after the Federal Tax Ombudsman identified what it described as a systemic flaw in the Federal Board of Revenue’s FASTER sales tax refund system, according to Dawn…

The prime minister called successive governments' failure to fix social care a major dereliction of public duty, and said existing budgets must be squeezed before tax rises are considered.

Prime Minister Shehbaz Sharif has asked business leaders and industrialists for fresh proposals to strengthen Pakistan's exports, saying the country needs growth that is led by productive sectors rather than another…

Pakistan has raised petrol and high-speed diesel prices in response to continued pressure in international oil markets, with the new rates taking effect from September 15. ## New petrol and diesel prices The federal…

Prime Minister Shehbaz Sharif has said Pakistan remains far from becoming the social welfare state envisioned at its founding.

Goods transport strike action began in Pakistan on Friday night after talks between transport representatives and government officials ended without an agreement, according to Dawn. The move comes ahead of a nationwide…

Pakistan reduced petrol by Rs0.50 to Rs342.60 per litre and high-speed diesel by Rs0.19 to Rs371.61 under its daily pricing system for August 28.

Pakistan has dispatched 100 tons of tents, blankets, hygiene kits and medicines to Nepal as flood and landslide response operations continue.

The Federal Board of Revenue has extended the income tax return filing deadline to October 15, 2026, responding to requests from key trade bodies

Prime Minister Shehbaz Sharif has directed federal and provincial authorities to speed up financial support for families affected by Pakistan's latest monsoon rains and floods, putting compensation, road repairs, power…

The betting platform Kalshi emerged as a dominant sports betting option during the World Cup, but the company avoids billions of dollars in taxes by insisting it is not a sports gambling operation.

Neil Rimer, co-founder of Index Ventures, argues that current AI-driven wealth accumulation will lead to inevitable redistribution, either through voluntary philanthropy or state-mandated tax intervention

On September 22, Pakistan raises petrol price by Rs4.61 while reducing high-speed diesel rates. Key government measures follow rising international oil prices