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 Read More...
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 Read More...
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 Read More...
The Gwadar Port Authority (GPA) has officially notified the Balochistan government that the province receives no revenue share from Gwadar Port operations, despite its strategic significance—a revelation with Read More...
The Competition Appellate Tribunal (CAT) has upheld the Competition Commission of Pakistan (CCP)’s findings against three Karachi-based dairy farmer associations for price-fixing, a ruling with Read More...
The Monetary Policy Committee (MPC) of the State Bank of Pakistan has slashed the policy rate by 100 basis points to 11 percent on May 5, 2025, marking the fifth consecutive cut Read More...
The Federal Board of Revenue (FBR) is launching a comprehensive audit initiative targeting income and sales taxpayers, a bold move to strengthen tax compliance with far-reaching Read More...
The Federal Board of Revenue (FBR) has granted a one-month extension for corporate and non-corporate sales tax taxpayers to electronically integrate their systems with the customs computerized Read More...
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The federal government has mandated gas utilities to commence billing of captive power consumers under the Grid (Captive Power Plants) Levy Ordinance, 2025, effective for February 2025, Read More...
The federal government has hiked the petroleum levy (PL) by Rs18.02 per litre on petrol and Rs17.01 per litre on high-speed diesel (HSD) since March 16, 2025, aiming to meet Read More...
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