Karachi, April 18, 2025 – The Federal Board of Revenue (FBR) has been strongly advised to incorporate exporters into the regular income tax regime, in a move aimed at strengthening tax collection, broadening the tax base, and promoting equity in the national tax system.
(more…)Author: Shahnawaz Akhter
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PSX Probes Philip Morris Over Share Price Spike
Karachi, April 18, 2025 – The Pakistan Stock Exchange (PSX) has formally issued a notice to Philip Morris (Pakistan) Limited, seeking clarification regarding an unusual movement observed in the company’s share price over the recent trading sessions.
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FBR Tightens Sales Tax De-Registration Rules to Curb Tax Evasion
Islamabad, April 17, 2025 — The Federal Board of Revenue (FBR) has introduced stricter rules for sales tax de-registration through the issuance of SRO 608(I)/2025.
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Pakistan’s Weekly Forex Reserves Fall by $91 Million: SBP
Karachi, April 17, 2025 – The State Bank of Pakistan (SBP) has reported a decline of $91 million in the country’s total foreign exchange (forex) reserves for the week ending April 11, 2025.
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SBP Reports 14% FDI Rise in 9MFY25, Despite Overall Decline
Karachi, April 17, 2025 – The State Bank of Pakistan (SBP) on Thursday released its latest data, revealing a 14% increase in foreign direct investment (FDI) during the first nine months (July–March) of the ongoing fiscal year 2024-25 (9MFY25).
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Pakistan’s Textile Exports Rise by 9.38% in 9MFY25
Islamabad, April 17, 2025 – Pakistan’s textile exports witnessed a promising increase of 9.38% during the first nine months (July–March) of the current fiscal year (9MFY25), according to data released by the Pakistan Bureau of Statistics (PBS) on Thursday.
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Shipping Companies Must Open on Saturdays: Khurram Ijaz
Karachi, April 17, 2025 – Khurram Ijaz, former President of the Karachi Customs Agents Association and an expert in customs, logistics, and the supply chain, has strongly urged all shipping companies to ensure their offices remain open on Saturdays. This call aligns with the directives of Prime Minister Shehbaz Sharif, who has emphasized the need for improved trade facilitation and lower operational costs in Pakistan.
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PSX Surges 881 Points on Historic Current Account Surplus
Karachi, April 17, 2025 — The Pakistan Stock Exchange (PSX) recorded a strong rally on Thursday, gaining 881 points as investor sentiment soared following news of a historic current account surplus, signaling improved macroeconomic stability.
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Pakistan Breaks Record with March Current Account Surplus
Karachi, April 17, 2025 — In a significant boost to its economic outlook, Pakistan recorded its highest-ever monthly current account surplus in March 2025, signaling improved external sector stability.
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FBR Introduces Stricter Parameters for Sales Tax Suspension
Islamabad, April 17, 2025: The Federal Board of Revenue (FBR) has introduced fresh and more stringent guidelines for the suspension of sales tax registration under new Statutory Regulatory Order (SRO) 608(I)/2025, issued on Thursday.
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