The Government of Pakistan, through the Central Directorate of National Savings (CDNS), has issued a notification (F. No. 131(1)(Rules)/PD/2024-25 dated June 30, 2025) revising the Withholding Tax (WHT) rates applicable to profits on debt and prize bond winnings under the…
Household effect is an important head in the FBR Income Tax Return form. When filing your income tax return in Pakistan through the FBR’s IRIS portal, you may find a section labeled “Household Effects” under the Assets and Liabilities tab.…
Islamic heritage and culture are rich, diverse, and deeply rooted in faith, values, and traditions. Since the rise of Islam in the 7th century, Muslims have contributed to the world in many fields. Islamic civilization developed a unique identity from…
The Islamic economic system is an important part of its overall structure. It directs justice, equity, and welfare of all members of society. From the early days of Islamic civilization, the administration of the economy was held to be a…
The Lahore High Court has revised the exam syllabus for the post of Civil Judge in 2025. If you plan to apply for this position, it’s important to know what’s new. The updated syllabus brings some big changes, so you’ll…
The Lahore High Court has changed the exam syllabus for the post of Additional Sessions Judge (ASJ) in 2025. If you plan to apply for this position, it’s important to know what’s new. The updated syllabus brings some big changes,…
The message of Islam began in the small city of Makkah. It was first revealed to the Prophet Muhammad (PBUH) in 610 CE. From that moment, the Prophet dedicated his life to spreading the teachings of Islam. The propagation of…
Education development in the Muslim world is the biggest achievement of Muslim civilization. Education and knowledge were all that mattered to Muslims from the beginning. The Quran and Hadith compelled Muslims to seek knowledge. This also led to the development…
The Federal Board of Revenue (FBR) has introduced a new agriculture income tax regime. This was published in the Punjab Gazette (Extraordinary) dated March 06, 2025. This is a sweeping change from the previous regime and affects individual farmers as…
In a landmark legislative step, the Balochistan Provincial Assembly enacted the Balochistan Tax on Land and Agricultural Income (Amendment) Act, 2024, dated February 19, 2025. The Act amends the tax policy on agricultural income and land in Balochistan, implementing progressive…