Search Novexa News

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

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.

Commercial entities can adjust their super tax liability against tax credits, rules is among the latest top updates found in Novexa News' active RSS feeds, and it has enough public interest to merit a fuller

Household energy bills in Great Britain are expected to rise to a three-year high this winter, with a forecast price-cap increase likely to cancel out the effect of VAT cuts on electricity bills

Shehbaz Orders Ndma Flood Relief Push as Pakistan Monsoon Risk Widens has moved into focus in pakistan coverage. Prime Minister Shehbaz Sharif's direction to NDMA has put flood relief back at the centre of

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

The Federal Tax Ombudsman has identified a systemic flaw in the FBR’s FASTER sales tax refund system and ordered immediate corrective action, Dawn Business reports

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

Goods transporters and oil tanker operators began suspending their services on Friday night after negotiations with the government failed, ahead of their nationwide wheel-jam strike scheduled for Saturday. All Pakistan Goods Transport Iteha

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.

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.

Pakistan has asked Samsung to look beyond the local market and consider the country as a manufacturing and export hub, even as tax changes have squeezed phone competitiveness.

Qatar's prime minister is heading to Tehran as Iran ties compensation, sanctions relief and maritime access to efforts to restart diplomacy with Washington.

Air quality warnings remain in place across large parts of the US as smoke from wildfires in Ontario and Minnesota continues to spread, with some relief possible in the mid-Atlantic and north-east

An American missionary has been freed in Niger after a nine-month kidnapping ordeal, bringing relief to his family and renewed attention to security risks in the Sahel.

Economist Jonathan Portes argues Andy Burnham should avoid repeating Keir Starmer’s caution and use devolution, tax, EU and immigration policy to support growth

Pakistan has reduced petrol by Rs3.13 per litre but raised high-speed diesel by Rs3.74, setting new rates that remain effective from September 5 to 7.

LAHORE: Jamaat-i-Islami Pakistan (JI) Emir Hafiz Naeemur Rehman on Thursday announced peaceful sit-ins against the petroleum levy at 510 locations across the country on Friday, warning that the protests would transform into a movement to ov

Analysts say fresh US financing could ease pressure on Pakistan, but they caution that lasting gains will depend on whether reform efforts continue.

Petroleum dealers have withdrawn a nationwide strike call after Pakistan approved a revised per-litre margin, easing immediate supply concerns.

Pakistan enters FY2027 with stronger reserves and remittances, but renewed Middle East conflict and volatile oil prices threaten inflation and the trade balance.