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SRB April Revenue Rises 24%: Ensure SST Compliance

02-May-2025
The Sindh Revenue Board (SRB) has announced a notable 24% increase in revenue collection for April 2024-25, amassing Rs23,334 million compared to Rs18,836 million in April 2023, a development with sig...
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SRB April Revenue Rises 24%: Ensure SST Compliance

NAB Transfers Property to PSO: Tax Implications to Consider

01-May-2025
The National Accountability Bureau (NAB) Karachi has formally transferred a confiscated property to Pakistan State Oil (PSO), resolving a decades-old corruption case with significant tax implications ...
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NAB Transfers Property to PSO: Tax Implications to Consider

ATIR Declares Unlawful Sealing: Know Your Taxpayer Rights

01-May-2025
The Islamabad bench of the Appellate Tribunal Inland Revenue (ATIR) has delivered a landmark ruling, declaring the sealing of a taxpayer’s retail outlet by tax authorities as unlawful, a decision th...
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ATIR Declares Unlawful Sealing: Know Your Taxpayer Rights

India’s Airspace Ban on Pakistan: Tax Implications for Businesses

01-May-2025
India has closed its airspace to Pakistani airlines from April 30 to May 23, 2025, in retaliation for Pakistan’s ban on Indian airlines, following the Pahalgam attack that killed 26 tourists in occu...
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India’s Airspace Ban on Pakistan: Tax Implications for Businesses

Rising Electricity Costs in May: Tax Deduction Strategies

30-Apr-2025
Consumers face higher electricity bills in May 2025 due to a drop in hydropower generation and increased reliance on expensive fuels, a shift that raises significant tax considerations for businesses....
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Rising Electricity Costs in May: Tax Deduction Strategies

OGRA LPG Price Reduction: Tax Implications for Businesses

30-Apr-2025
The Oil and Gas Regulatory Authority (OGRA) has issued a price determination for Liquefied Petroleum Gas (LPG), effective May 1, 2025, aligning with federal government guidelines, a move with key tax ...
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OGRA LPG Price Reduction: Tax Implications for Businesses

NEPRA Power Pricing Hearings: Impact on Tax Deductions

30-Apr-2025
The National Electric Power Regulatory Authority (NEPRA) wrapped up public hearings on Tuesday in Islamabad, addressing power sector pricing adjustments, with decisions deferred pending data verificat...
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NEPRA Power Pricing Hearings: Impact on Tax Deductions

NEPRA Power Pricing Hearings: Impact on Tax Deductions

30-Apr-2025
The National Electric Power Regulatory Authority (NEPRA) wrapped up public hearings on Tuesday in Islamabad, addressing power sector pricing adjustments, with decisions deferred pending data verificat...
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NEPRA Power Pricing Hearings: Impact on Tax Deductions

SBP Closure on Labour Day: Ensure Tax Compliance

29-Apr-2025
The State Bank of Pakistan (SBP) has declared a closure on Thursday, May 1, 2025, in observance of Labour Day, a move that impacts financial operations and tax-related deadlines for our clients. The f...
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SBP Closure on Labour Day: Ensure Tax Compliance

AKBL’s 91.37% Profit Surge: Key Tax Considerations for Investors

29-Apr-2025
Askari Bank Limited (PSX: AKBL) announced a dramatic 91.37% surge in net profit for the quarter ended March 31, 2025, reaching Rs7.16 billion, up from Rs3.74 billion last year, a performance that carr...
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AKBL’s 91.37% Profit Surge: Key Tax Considerations for Investors
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