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FBR Cuts 50% Expense for Cash Sales Over Rs200K

05-Aug-2025
Islamabad, August 5, 2025, 02:37 PM PKT — The Federal Board of Revenue (FBR) has rolled out a stringent new rule, outlined in an income tax circular issued Monday, disallowing 50% of business expend...
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FBR Cuts 50% Expense for Cash Sales Over Rs200K

FBR Introduces Tax Rules for E-commerce Sellers

05-Aug-2025
Islamabad, August 5, 2025, 02:30 PM PKT — The Federal Board of Revenue (FBR) has launched an aggressive overhaul, introducing new procedures via Income Tax Circular No. 01 and Sales Tax Circular No....
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FBR Introduces Tax Rules for E-commerce Sellers

Pakistan Reduces Circular Debt by Rs780 Billion

05-Aug-2025
Islamabad, August 5, 2025, 02:14 PM PKT — Pakistan has achieved a dramatic reduction in its power sector circular debt, slashing it by Rs780 billion to Rs1.614 trillion, as the Power Division credit...
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Pakistan Reduces Circular Debt by Rs780 Billion

FIA Investigates UTC for Tax Evasion in Mardan

05-Aug-2025
Islamabad, August 5, 2025, 01:55 PM PKT — The Federal Investigation Agency (FIA) has unleashed a sweeping probe into Universal Tobacco Company (UTC), a Mardan-based cigarette manufacturer, over grav...
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FIA Investigates UTC for Tax Evasion in Mardan

NEPRA Proposes Rs1.80/Unit Electricity Cut

04-Aug-2025
Islamabad, August 4, 2025, 10:09 PM PKT — The National Electric Power Regulatory Authority (NEPRA) has signaled a major relief, proposing a Rs1.80 per unit cut in electricity prices under the Quarte...
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NEPRA Proposes Rs1.80/Unit Electricity Cut

SBP Boosts MFB Housing Loan to Rs5 Million

03-Aug-2025
Islamabad, August 3, 2025, 01:35 PM PKT — The State Bank of Pakistan (SBP) has unveiled a bold move, hiking the housing finance limit for microfinance bank (MFB) borrowers to Rs5 million, effective ...
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SBP Boosts MFB Housing Loan to Rs5 Million

Punjab Starts 40km Green Corridor Project

03-Aug-2025
Lahore, August 3, 2025, 01:10 PM PKT — The Punjab government, in a bold partnership with Pakistan Railways, has unveiled the Green Corridor Project, targeting a 40-kilometer railway stretch from Sha...
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Punjab Starts 40km Green Corridor Project

SCRA Balance Rises Rs. 845.74M to Rs. 28.47B

03-Aug-2025
Islamabad, August 3, 2025, 12:22 PM PKT — The Special Convertible Rupee Account (SCRA) balance has surged by Rs. 845.74 million, reaching Rs. 28,476.09 million for the week ending July 25, 2025, as ...
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SCRA Balance Rises Rs. 845.74M to Rs. 28.47B

FBR Suspends 0.25% Customs Penalty Temporarily

01-Aug-2025
Islamabad, August 1, 2025, 09:05 PM PKT — The Federal Board of Revenue (FBR) has abruptly suspended the 0.25% penalty on the declared value of goods, pending a formal notification under Section 82 o...
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FBR Suspends 0.25% Customs Penalty Temporarily

SHC Suspends Removal of K-Electric CEO Alvi

01-Aug-2025
Karachi, August 1, 2025, 08:47 PM PKT — The Sindh High Court has delivered a dramatic reprieve, suspending the Sindh Ombudsman’s order to remove Moonis Alvi, Chief Executive Officer (CEO) of K-Ele...
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SHC Suspends Removal of K-Electric CEO Alvi
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