New Tax Rules for Non-Filers—Higher Withdrawal Limits, Increased Rates
The government has revised the withholding tax on cash withdrawals by non-filers, raising both the tax rate and the exemption threshold under the Finance Bill 2025–26.
Adil Aziz
Pakistan’s Airspace Remains Operational Amid Regional Unrest
Despite rising tensions in the region, Pakistan’s airspace remains fully operational and continues to be effectively used by international airlines, according to the Pakistan Airports Authority.
SBP’s Upcoming Monetary Policy Shift: What to Expect on June 16
The State Bank of Pakistan will announce Monetary Policy on June 16 in a meeting of the Monetary Policy Committee (MPC).
Pakistan’s Automobile Sector Post Budget 2025-26: Challenges and Opportunities
The Pakistan Budget 2025–26 has introduced significant policy measures impacting the automobile industry. From new taxation structures to import restrictions, the sector faces both hurdles and potential growth opportunities.
Meta AI Introduces Generative Video Editing for Creativity
Meta AI is unveiling a generative AI video editing feature, now available in the Meta AI app, the Meta.AI website, and the Edits app. This new capability allows users to enhance short-form videos through a selection of preset AI prompts, transforming elements like outfits, locations, and lighting with a simple tap.
Aurangzeb Announces Tax Relief for Salaried Class & Construction Sector
Minister for Finance and Revenue Muhammad Aurangzeb announced major tax relief measures for salaried persons, construction sector, and purchase of immovable property besides introducing tax credit to provide loans to construct low-cost houses.
Tax Relief for Beverage & Tobacco Industry in Budget 2025-26
Tax Relief for Beverage & Tobacco Industry in Budget 2025-26
Aamir Ibrahim urges govt to reduce telecom taxes, support digital growth
Aamir Ibrahim, CEO of Jazz and Chairman of the Telecom Operators Association, has called on the government to reduce the tax burden on the telecom sector and take urgent steps to bring the informal economy into the tax net. He emphasized that digital connectivity is now as essential as roads, electricity, and water, and should…
Pacific Blaze: EV-Laden Ship Abandoned After Fire Breaks Out
A cargo ship transporting approximately 3,000 vehicles to Mexico was abandoned in the Pacific Ocean after a fire broke out on Tuesday, June 3. The incident underscores the increasing risks associated with electric vehicle (EV) transportation, as lithium-ion battery fires can be particularly challenging to control.
Spotify’s Fresh Finds Celebrates a Decade of Discovering Breakout Talent
Spotify has announced a major milestone for 2025 – 10 years of Fresh Finds, the initiative designed to help independent artists get discovered at the earliest stages of their careers. Since its launch in 2015, Fresh Finds has supported nearly 70,000 artists, becoming a global pipeline for new talent and a key discovery engine across genres.