Khurram Ijaz BPP

High sales tax rates causing trust deficit, declining registrations: Khurram Ijaz

FPCCI leader warns IMF-backed sales tax hike to 19% could further shrink registrations and expand the grey economy KARACHI: Khurram Ijaz, General Secretary and former Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed concern over the declining number of active sales tax registrations in the country, describing it […]

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ICAP - CA

ICAP proposes higher cash transaction limits in Budget 2026-27

Chartered accountants seek revision of outdated cash payment thresholds to reflect inflation and ease compliance burden on businesses. The Institute of Chartered Accountants of Pakistan (ICAP) has proposed increasing cash transaction limits for salary payments and other business expenditures through amendments to the Income Tax Ordinance, 2001, as part of its recommendations for the federal […]

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PSX KSE-100

PSX surges 4% as US–Iran ceasefire extension boosts investor confidence

KSE-100 Index gains more than 6,100 points in holiday-shortened week amid easing geopolitical concerns and positive economic signals. The benchmark KSE-100 Index posted a strong performance during the week ended May 29, 2026, gaining 6,119 points, or 4 percent week-on-week, to close at 173,963 points as improving investor sentiment fueled buying activity on the Pakistan […]

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