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Federal Government Slashes Savings Rates!

31-Jan-2025
The federal authorities have slashed the profit percentages across various national savings schemes by as much as 2%, in line with the recent 100 basis point reduction in the policy rate by the State ...
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Federal Government Slashes Savings Rates!

Karachi Property Registrations Stall Due to FBR New Valuation Notification

30-Jan-2025
Property registrations for multi-story buildings in Karachi have come to a standstill due to confusion surrounding the Federal Board of Revenue’s (FBR) new fair market valuation (FMV) notification.The...
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Karachi Property Registrations Stall Due to FBR New Valuation Notification

Excise Department Cracks Down on Token Tax Defaulters

30-Jan-2025
The Excise and Taxation Department has ramped up efforts to target token tax defaulters, with Director General Umar Sher Chattha instructing a suspension of vehicle registrations for those who fail to...
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Excise Department Cracks Down on Token Tax Defaulters

Fuel Price Surge Expected in February, Impact on Consumers and Inflation

30-Jan-2025
Consumers are likely to face a rise in fuel prices as the cost of petrol and high-speed diesel (HSD) is expected to increase during the first half of February.Industry sources suggest that the ex-refi...
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Fuel Price Surge Expected in February, Impact on Consumers and Inflation

Pakistan Maritime Sector, A Massive Untapped Economic Opportunity

30-Jan-2025
Despite its strategic geographic location, Pakistan has failed to fully exploit its maritime potential, with its ports not ranking among the world’s top 60. The country suffers an annual loss of nearl...
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Pakistan Maritime Sector, A Massive Untapped Economic Opportunity

FBR New Tactics for Tax Recovery Spark Controversy

30-Jan-2025
The Federal Board of Revenue (FBR) is facing backlash after its field offices reportedly began issuing tax recovery notices to salaried individuals, allegedly as a way to meet their revenue targets. A...
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FBR New Tactics for Tax Recovery Spark Controversy

PM Shehbaz Sharif Meets US Investment Delegation to Discuss Opportunities in Pakistan

29-Jan-2025
Prime Minister Muhammad Shehbaz Sharif welcomed an international investors' delegation, headed by Gentry Beach, a prominent investor from the United States, to discuss the flourishing investment lands...
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PM Shehbaz Sharif Meets US Investment Delegation to Discuss Opportunities in Pakistan

Electricity Bills Could Rise Higher Security Deposits Proposed

29-Jan-2025
Electricity consumers might face higher security deposit requirements, with amounts potentially rising as high as Rs56,111, as eight state-owned power distribution companies (Discos) have requested ap...
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Electricity Bills Could Rise Higher Security Deposits Proposed

Pakistan Tax System Faces Challenges as 43 percent Declare Zero Income

29-Jan-2025
In the current fiscal year, 5.9 million tax returns have been filed in Pakistan, yet a striking 43.3% of these filers have reported zero taxable income, shedding light on the country’s limited tax bas...
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Pakistan Tax System Faces Challenges as 43 percent Declare Zero Income

Khyber Pakhtunkhwa Achieves Significant Revenue Boost in H1 2025

29-Jan-2025
The Khyber Pakhtunkhwa provincial government has recorded a remarkable 49% increase in revenue generation for the first half of the current financial year, accumulating Rs42.3 billion—up from Rs28.4 b...
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Khyber Pakhtunkhwa Achieves Significant Revenue Boost in H1 2025
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