Non-filer’s increase of taxation on Profits, securities, Immovable properties
The tax rates for non-salaried individuals and associations of persons and salaried individuals have changed. There is no income if annual income is up to Rs.600,000. Beyond this threshold, tax rates for non-salaried individuals have five taxable slabs with progressive tax rates ranging from 15% to 45%. For salaried individuals, beyond the threshold of Rs.600,000 per annum, there are five taxable slabs ranging from 5% to 35%.
Adil Aziz
Aurangzeb announces up to 25% increase in salaries, 15% in pensions of employees
Minister for Finance and Revenue Senator Mohammad Aurangzeb proposed 20-25 percent increase in the salaries on ad-hoc basis and 15 percent enhancement in the pensions of the Federal Government employees, realizing their financial hardships due to the increased inflation.
Editor
Federal budget proposes withdrawal of exemptions, Zero rated and fixed tax
Federal budget proposes withdrawal of exemptions, Zero rated and fixed tax. Enhancement in reduced rate of sales tax from 15% to 18% on supplies made by the POS retailers dealing in leather and textile products.
Telenor commitment to greener, sustainable future on World Environment Day
This year’s theme, ‘Land Restoration,’ deeply resonates with Telenor Pakistan’s mission to minimize environmental impact and champion sustainable practices.
Mehfooz
USAID launches $10 Million climate financing initiative in Pakistan
The United States Agency for International Development (USAID-Pakistan) launched the Pakistan Climate Financing Activity, an up to $10 million, four-year endeavor aimed at bolstering sustainability and climate resilience in Pakistan.
Globally food’s prices rise in seven months: FAO
Global food prices in March recorded their first monthly increase in seven months, driven by higher costs of vegetable oils and dairy products, the Food and Agriculture Organization, reported.
International Water Day highlights importance of sustainable water management
This year’s theme, “Leveraging Water for Peace,” underscored the critical role water plays in our ecosystems, economies, and lives. Despite progress, millions globally still lack access to clean drinking water and sanitation, emphasizing the urgent need for collective action.
World food price index falls down in February: FAO
UN food agency’s world price index fell in February for a seventh consecutive month as lower prices for all major cereals more than offset the rising price of sugar and meat.
Meta’s Facebook, Instagram down for hundreds of thousands of users across globe
META Platforms-owned Facebook and Instagram were down for hundreds of thousands of users across the globe on Tuesday (Mar 5), according to outage tracking website Downdetector.com.
PTA, NCRC, UNICEF & Telenor Pakistan join hands to safeguard children
The Pakistan Telecommunication Authority (PTA), in collaboration with the National Commission on the Rights of Child (NCRC), United Nations International Children Emergency Fund (UNICEF), and Telenor Pakistan, joined hands in a launching ceremony to safeguard children from online hazards.