Business

non-filer

Non-filers to be barred from purchasing vehicles, immovable property

Business, Kashmir, Pakistan /

  ISLAMABAD (Kashmir English): The government has proposed a series of stringent financial restrictions on non-filers as part of its efforts to broaden the tax base and pave the way for documentation of the economy, in the Federal Budget 2025–26. Finance Minister Muhammad Aurangzeb, presented the budget in the National Assembly and announced a proposal […]

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kashmir

Budget 2025-26: Federal govt proposes Rs53 billion for Azad Kashmir under development package

Business, Kashmir /

ISLAMABAD (Kashmir English): The federal government has proposed to allocate a total of Rs 53 billion for Azad Jammu and Kashmir (AJK) under the development package in Budget 2024-25. As per the Finance Bill 2025-26, the government has allocated a total of Rs 164 billion in the PSDP for the Azad Jammu and Kashmir (AJK),

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solar

Tax on imported solar panels hiked to 18% to promote domestic industry

Business, Kashmir, Pakistan /

  ISLAMABAD (Kashmir English): The federal government has decided to increase tax on imported solar panels so as to promote domestically manufactured panels. The decision to this effect has been reflected in the budget for the fiscal year 2025-26. It has been decided to impose an 18% sales tax on imported solar panels. According to

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Rs40000 Prize Bond

Rs40000 Prize Bond on June 10: Check draw result, winners detail inside

Business /

HYDERABAD (Kashmir English): The National Savings Directorate conducted the Draw no. 33 for the Rs40000 prize bond on June 10, 2025, today, at its Hyderabad office, with thousands of bondholders awaiting results. The next Rs. 200 Prize Bond draw (Draw No. 102) is scheduled for Monday, June 16, 2025, in Quetta. The transparent balloting process

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Rs25000 Prize Bond

Rs25000 Prize Bond on June 10: Check draw result, winners detail inside

Business /

LAHORE (Kashmir English): The National Savings Directorate conducted the Draw no. 18 for the Rs25000 prize bond on June 10, 2025, today, at its Lahore office, with thousands of bondholders awaiting results. The next Rs. 200 Prize Bond draw (Draw No. 102) is scheduled for Monday, June 16, 2025, in Quetta. The transparent balloting process

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AJK Tax Asaan mobile app

AJK Tax Asaan mobile app launched to promote transparency in tax collection

Business /

MIRPUR (Kashmir English): The Inland Revenue Department of Azad Jammu and Kashmir (AJK) has taken a significant step towards transparency and innovation by launching the AJK Tax Asaan mobile application. This app enables taxpayers to easily verify the authenticity of receipts and ensure timely payment of sales tax, the department said in a statement. As

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budget 2025-26

Federal govt proposes major tax relief for real estate, property sector in budget 2025-26

Business /

ISLAMABAD (Kashmir English): To revive the real estate and property sector and promote economic activity, the government has introduced several incentives in the federal budget for the upcoming Fiscal Year 2025-26. As per details, the reductions are likely to make property purchases more affordable for buyers and stimulate demand in the real estate market. Finance

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federal budget 2025-26

Govt announces tax relief for salaried class in federal budget 2025-26

Business /

ISLAMABAD (Kashmir English): The federal cabinet, under the chairmanship of Prime Minister Shehbaz Sharif, has approved a Finance Bill 2025-26 with substantial tax reliefs for the salaried class in the upcoming federal budget 2025-26. As per details, the new budget reduces tax rates across all income slabs for salaried individuals. The salaried people earning up

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budget 2025-26

FinMin presents budget 2025-26 as govt sets 4.2% GDP growth target

Business, Trending In Kashmir /

ISLAMABAD (Kashmir English): Minister for Finance and Revenue Muhammad Aurangzeb is presenting the annual federal budget 2025–26 in a National Assembly session, chaired by Speaker Sardar Ayaz Sadiq. As the government minister is presenting the budget, opposition members have staged a protest in the house and chanting slogans against the government. The federal govt has

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