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SBP Reserves Increase to $10.33 Billion as of May 2

08-May-2025
The State Bank of Pakistan (SBP) reported a $118.1 million increase in its foreign exchange reserves, reaching $10.33 billion as of May 2, 2025, a 1.16% week-on-week rise, signaling economic stabiliza...
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SBP Reserves Increase to $10.33 Billion as of May 2

SBP Reserves Increase to $10.33 Billion as of May 2

08-May-2025
The State Bank of Pakistan (SBP) reported a $118.1 million increase in its foreign exchange reserves, reaching $10.33 billion as of May 2, 2025, a 1.16% week-on-week rise, signaling economic stabiliza...
Read Full Article
SBP Reserves Increase to $10.33 Billion as of May 2

SECP Issues Compliance Checklists and Enhances Grievance Redressal

07-May-2025
The Securities and Exchange Commission of Pakistan (SECP) has issued compliance checklists for REIT Management Companies and Section 42 Companies, alongside enhanced grievance redressal mechanisms, a ...
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SECP Issues Compliance Checklists and Enhances Grievance Redressal

Government Proposes Doubling Fertiliser Tax and New Pesticide Tax for 2025-26

07-May-2025
The federal government’s proposal to double the excise duty on fertilisers to 10% and impose a new 5% tax on pesticides in the 2025-26 budget signals a sharp tax hike, threatening agricultural input...
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Government Proposes Doubling Fertiliser Tax and New Pesticide Tax for 2025-26

FBR’s Reward & Rating System Faces Controversy and Legal Challenges

07-May-2025
The Federal Board of Revenue (FBR)’s newly introduced Reward & Rating System (RRS), replacing the Performance Evaluation Report (PER) system, has ignited significant controversy among Pakistan C...
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FBR’s Reward & Rating System Faces Controversy and Legal Challenges

PAA Confirms Airport Operations Amid India-Pakistan Tensions

07-May-2025
The Pakistan Airports Authority (PAA) has confirmed that all airports remain fully operational and the national airspace is secure for civil aviation, despite escalating military tensions with Indiaâ€...
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PAA Confirms Airport Operations Amid India-Pakistan Tensions

SECP Reduces EMR Access Fees to Rs3,000 with Upgrades

06-May-2025
The Securities and Exchange Commission of Pakistan (SECP) has approved a major reduction in access fees for the Electronic Mortgage Register (EMR) and introduced system upgrades, a digitalisation push...
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SECP Reduces EMR Access Fees to Rs3,000 with Upgrades

KIBOR Falls After SBP Cuts Policy Rate to 11 Percent

06-May-2025
Karachi Interbank Offered Rates (KIBOR) have plummeted following the State Bank of Pakistan (SBP)’s unexpected 100 basis point cut to the policy rate, now at 11%, a monetary easing signal with signi...
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KIBOR Falls After SBP Cuts Policy Rate to 11 Percent

CAT Reserves Judgment on ICAP Audit Fee Penalty Case

06-May-2025
The Competition Appellate Tribunal (CAT) has reserved judgment in a decade-long case pitting the Institute of Chartered Accountants of Pakistan (ICAP) against a Rs1 million penalty imposed by the Comp...
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CAT Reserves Judgment on ICAP Audit Fee Penalty Case

PTA Delay Halts Mobile Auction, Threatening Revenue

05-May-2025
The auction of tens of thousands of confiscated mobile phones has been delayed, causing significant revenue loss to the national treasury, a situation with critical tax implications for government rev...
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PTA Delay Halts Mobile Auction, Threatening Revenue
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