BeNewz

Pakistan’s real estate sector is bracing for a major shift as the federal government considers a sharp increase in the Capital Gains Tax (CGT) on property sales. Sources say the government is weighing a proposal to raise the current 15% CGT rate to as high as 40% in the upcoming …

Despite the loss of hundreds of lives in LPG-related explosions across Pakistan, the Ministry of Law and Justice has yet to clear the long-pending LPG Industry Amendment Bill proposed by the Oil and Gas Regulatory Authority (OGRA). The bill, which aims to enforce strict penalties and ensure public safety, has …

Aftab Maken ISLAMABAD: There is a strong possibility that the federal government will maintain the current slabs of tax and duty on vehicles in the upcoming Budget 2025-26. Despite several proposals under consideration, the current import duties on automobiles are likely to stay unchanged, sources familiar with the development told …