FBR Collects Rs. 44 Billion in Income Tax from Salaried Class in July 2026 Despite Tax Rate Cuts 🇵🇰📊 Pakistan’s Federal Board of Revenue (FBR) collected a record Rs. 44 Billion in withholding income tax from the salaried class during July 2026—the opening month of the fiscal year 2026–27. Notably, this revenue growth occurred despite…
The All Pakistan Goods Transporters Alliance and regional freight associations across the country have officially launched a nationwide, indefinite wheel-jam strike. Heavy transport vehicles—including cargo trucks, multi-axle trailers, container carriers, and oil tankers—have halted freight operations across major industrial hubs and transit routes. With negotiations between transport leaders and federal communications officials remaining unresolved, the…
Across developing economies, macroeconomic stabilization programs under the International Monetary Fund (IMF) mandate strict fiscal discipline. In Pakistan, these adjustments primarily manifest as broad-based sales tax hikes, reduced public subsidies, and state-level austerity measures that heavily impact everyday consumers. However, ongoing public and economic debates highlight a sharp contrast: while the general population shoulders the…
