Business

vendor

New regulations to only allow registered vendors to sell goods online

  ISLAMABAD (Kashmir English): The government has introduced new regulations in the Finance Bill to only allow vendors registered under the Sales Tax Act to sell goods online. A tax has also been proposed on social media advertising in Pakistan by foreign e-commerce platforms. The Finance Bill also proposes new taxes on local and foreign

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housing

Mirpur housing schemes asked not to allot plots to non-state subject persons

  MIRPUR (Kashmir English): Mirpur Division Commissioner Chaudhry Mukhtar Hussain has directed the concerned to ensure that no private housing society allots plot to non-state subject persons. He directed the concerned district administrations to register private housing schemes as per the law and rules adding the No-Objection Certificate (NOC) should not be issued to these

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pension

Family pension duration limited to 10 years after spouse’s death

  ISLAMABAD (Kashmir English): The federal government has proposed major changes in the existing pension system in the Budget 2025–26, aiming to rationalise public spending and reduce the growing fiscal burden posed by the pension system in vogue. The duration of family pensions has been capped at 10 years after the death of the spouse,

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budget

Key takeaways from Rs17.573 trillion “growth-oriented” Federal Budget 2025-26

  ISLAMABAD (Kashmir English): The federal government Tuesday presented the Rs17.573 trillion “growth-oriented” federal budget for the fiscal year 2025-26. Presenting the federal budget in the National Assembly, finance minister Senator Muhammad Aurangzeb said that the budget for the upcoming fiscal year is the beginning of the strategy especially chalked out to promote a competitive

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non-filer

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

  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

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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