Karachi, March 9, 2026 – Bank Alfalah Limited has disclosed tax contingencies for the calendar year ended December 31, 2025, in its annual financial statements filed with the Pakistan Stock Exchange (PSX).
(more…)Author: Shahnawaz Akhter
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SAI urges govt to slash petroleum taxes amid fuel price shock
Karachi, March 7, 2026 – The S.I.T.E. Association of Industry (SAI) has called on the government to withdraw or significantly reduce duties and taxes on petroleum products to protect industries and consumers from the impact of rising fuel prices.
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Will SBP increase interest rates after sharp fuel price hike?
Karachi, March 7, 2026 – The upcoming monetary policy announcement by the State Bank of Pakistan has become the center of attention for investors and economists after the government sharply increased petroleum prices earlier this week.
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SBP imposes Rs329 million penalty on HBL in 2025
KARACHI – March 7, 2026: The State Bank of Pakistan (SBP) has imposed a monetary penalty of around Rs329 million on Habib Bank Limited (HBL) during the calendar year 2025, according to the bank’s latest financial disclosures.
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FPCCI urges tax cuts on property transactions
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and United Business Group have called on the government to cut taxes on property transactions to boost the struggling construction and housing sector.
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Khurram Ijaz expresses concern over rising government debt
Karachi, March 6, 2026: Khurram Ijaz, General Secretary of the Businessmen Panel Progressive (BMPP) and former Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed serious concern over the continued rise in Pakistan’s public debt, warning that the growing burden could pose significant challenges for the country’s economic stability and fiscal sustainability.
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FBR assures IMF of meeting FY26 tax target with new plan
Islamabad, March 6, 2026 – The Federal Board of Revenue (FBR) has shared a detailed revenue collection strategy with the International Monetary Fund (IMF), expressing confidence that Pakistan will achieve its revised tax target for the fiscal year 2025–26 despite a significant shortfall in collections so far.
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KCCI warns export decline as gas supply to industries suspended
Karachi, March 6, 2026 – The Karachi Chamber of Commerce and Industry (KCCI) has raised serious concerns over the government’s decision to suspend gas supply to industries for two days a week, warning that the move could accelerate the decline in Pakistan’s exports and further strain the country’s fragile economy.
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SECP confirms 287,049 companies registered by February 2026
Islamabad, March 6, 2026: The Securities and Exchange Commission of Pakistan (SECP) on Friday confirmed that company registrations in Pakistan have reached 287,049 by the end of February 2026, reflecting sustained growth in the country’s corporate sector.
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Can FBR stop a tax defaulter from leaving Pakistan? explained
The Federal Board of Revenue (FBR) has the legal authority to stop a person from leaving the country if they have outstanding tax liabilities or are suspected of trying to evade payment by permanently departing Pakistan. This authority is granted under Section 145 of the Income Tax Ordinance, 2001 and Rule 70 of the Income Tax Rules, 2002.
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