People retrieve bamboos from a damaged house following rains and floods during the monsoon season in Dera Allah Yar, district Jafferabad, Balochistan, August 25, 2022. — ReutersPakistan faces estimated $2bn in average annual losses from disasters2022 floods caused $14.9bn direct damage,…
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As US tariffs bite, India slashes consumption tax to boost domestic demand

People shop for essential goods at a supermarket in Amritsar, India, May 9, 2025.— Reuters
India tax panel approves tax cuts on hundreds of consumer items.Federal, state revenue loss estimated at 480 billion rupees.New tax rates to be implemented from September 22.
FBR orders installation of POS system in over 14 sectors

An undated image of the Federal Board of Revenue building in Islamabad. — APP/FileHotels, restaurants, marriage halls ordered to integrate POS.Healthcare, beauty services brought under digital regime.Major city clubs also directed to go digital for tax tracking.
The…
Govt unveils tax relief across four slabs for salaried individuals in FY2026-27 budget

A representative image for tax. — Reuters/FileFour income slabs revised.Surcharge removal proposed.7% raise for employees.
The federal government on Friday proposed income tax relief in four slabs for salaried individuals and the abolition of surcharge on the salaried…



