Finance Bill 2026-27 Revises Advance Tax on Property Transactions and Raises Corporate Banking Levies
The federal government implements a restructured tax framework under the new finance bill lowering property transaction taxes while introducing higher slabs for banks and corporate entities.
Senate Committee Urges Return Of Exporters To Final Tax Regime To Safeguard National Trade Growth
The Senate Standing Committee on Finance and Revenue recommends moving exporters back to the Final Tax Regime as Finance Minister Muhammad Aurangzeb defends fiscal buffers.
Finance Minister Muhammad Aurangzeb Announces Long Term Strategy To Phase Out Corporate Super Tax
Finance Minister Muhammad Aurangzeb confirms state intentions to abolish the controversial super tax as the Federal Board of Revenue evaluates the fiscal impact.
OICCI Expresses Cautious Optimism Over Federal Budget Measures
The elite business chamber welcomes super tax relief and structural reforms while warning that an expanding cash economy harms compliant corporate taxpayers.
Federal Constitutional Court Validates Retrospective Super Tax to Generate Essential Fiscal Space
The apex constitutional court officially upholds Section 4C of the Income Tax Ordinance, enabling the state to collect billions from high-income corporate sectors.
Faysal Bank Posts Rs15.5bn Profit for 9MFY25, Announces Rs1.5 per Share Dividend
Faysal Bank Limited posted a profit after tax of Rs15.55 billion for the nine months ended September 2025, down 24% year-on-year, and declared a Rs1.50 per share dividend. Despite higher expenses and tax pressure, the bank showed strong other income growth, improved asset quality, and continued investment in its digital and Islamic banking transformation.
Finance Ministry, SECP Push Back on Mandatory CSR Spending in Pakistan’s New Bill
Pakistan’s Finance Ministry and SECP have raised concerns over the proposed CSR Bill 2025, rejecting mandatory corporate spending on community welfare due to potential impacts on business costs and operations.