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KSE-100 Falls 881 Points on Budget Concerns

26-May-2025
Karachi, May 26 — The Pakistan Stock Exchange (PSX) plunged into deep red on Monday, with the benchmark KSE-100 Index crashing by 881.55 points, or 0.74%, to close at 118,221.12, as federal budget f...
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KSE-100 Falls 881 Points on Budget Concerns

PTBA Seeks Sales Tax Filing Extension to June

24-May-2025
Islamabad, May 24 — The Pakistan Tax Bar Association (PTBA) has urgently appealed to the Federal Board of Revenue (FBR) to extend the deadline for filing sales tax returns for March and April 2025, ...
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PTBA Seeks Sales Tax Filing Extension to June

SBP Promotes Digital Payments in Cattle Markets

24-May-2025
Islamabad, May 24 — The State Bank of Pakistan (SBP), partnering with 22 major commercial banks, has launched a nationwide campaign to drive digital payment adoption in cattle markets ahead of Eidul...
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SBP Promotes Digital Payments in Cattle Markets

Ogra Approves PSO HSD Import, Rejects GO Plan

24-May-2025
Islamabad, May 24 — The Oil and Gas Regulatory Authority (Ogra) has greenlit the import of two cargoes of high-speed diesel (HSD) totaling 95,000 metric tonnes (MT) by Pakistan State Oil (PSO) for J...
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Ogra Approves PSO HSD Import, Rejects GO Plan

N.A. Approves CPP Levy Bill 2025 Without Debate

24-May-2025
Islamabad, May 24 — The National Assembly swiftly passed the Off the Grid (Captive Power Plants) Levy Bill, 2025, via a supplementary agenda and without debate, a move orchestrated by Minister for P...
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N.A. Approves CPP Levy Bill 2025 Without Debate

FBR Plans Tax on EFS Raw Materials in Budget

23-May-2025
Islamabad, May 23 — The Federal Board of Revenue (FBR) is poised to impose a sales tax on imported raw materials used in exported finished goods under the Export Facilitation Scheme (EFS) in the 202...
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FBR Plans Tax on EFS Raw Materials in Budget

NA Delays Tax Bill, Seeks FBR, Export Reforms

23-May-2025
Islamabad — The National Assembly’s Standing Committee on Finance and Revenue on Thursday, May 22, 2025, deferred discussions on the government-sponsored Income Tax (Second Amendment) Bill, 2025, ...
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NA Delays Tax Bill, Seeks FBR, Export Reforms

FBR Boosts Tax Recovery with Extended Hours

23-May-2025
The Federal Board of Revenue (FBR) has issued a stern directive to its Inland Revenue field formations, demanding an aggressive ramp-up in enforcement and recovery operations to meet the ambitious tax...
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FBR Boosts Tax Recovery with Extended Hours

New Textile Policy Cuts Cotton Tax, Faces US Tariffs

22-May-2025
Commerce Minister Jam Muhammad Kamal revealed to the National Assembly that the government is crafting a new textile policy, poised to propose a sales tax exemption on the current 11% levy on domestic...
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New Textile Policy Cuts Cotton Tax, Faces US Tariffs

Pakistan Investment Up to 13.8%, Targets Unmet

22-May-2025
Pakistan’s investment ratio has edged up to 13.8% of Gross Domestic Product (GDP) for Fiscal Year 2025, per figures endorsed by the National Accounts Committee, yet it falls short of the official ta...
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Pakistan Investment Up to 13.8%, Targets Unmet
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