Shahnawaz Akhter, Author at Pkrevenue.com

FBR Drops You from Active Taxpayers List: Here’s Why

July 26, 2025July 26, 2025Shahnawaz Akhter

If you’ve recently noticed your name missing from the FBR’s Active Taxpayers List (ATL), you’re not alone—and you need to act fast! The Federal Board of Revenue (FBR) is now updating the ATL daily, which means your status can change anytime based on your tax compliance.

FBR jolts fertilizer sector by revoking tax exemption certificate

July 25, 2025July 25, 2025Shahnawaz Akhter

Karachi, July 25, 2025 – In a move that has sent shockwaves across Pakistan’s fertilizer industry, the Federal Board of Revenue (FBR) has abruptly revoked a crucial tax exemption certificate previously granted to Engro Fertilizer Limited, one of the sector’s top players.

KSE-100 index rebounds with 515-point gain

July 25, 2025July 25, 2025Shahnawaz Akhter

Karachi, July 25, 2025 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) witnessed a strong recovery on Friday, surging by 515 points after two consecutive sessions of sluggish trading. The index closed at 139,207 points, up from the previous day’s close of 138,692, reflecting a gain of 0.37 percent.

SBP directs banks to open accounts within two days

July 25, 2025July 25, 2025Shahnawaz Akhter

Karachi, July 25, 2025 – The State Bank of Pakistan (SBP) has issued comprehensive instructions to banks and regulated entities (REs), mandating that the account opening process for the general public be completed within two working days.

Weekly SPI Inflation Rises Sharply by 4.07%

July 25, 2025July 25, 2025Shahnawaz Akhter

Islamabad, July 25, 2025 – Pakistan’s weekly inflation, measured through the Sensitive Price Indicator (SPI), recorded a sharp increase of 4.07% for the week ending July 24, 2025, compared to the previous week, according to the Pakistan Bureau of Statistics (PBS).