Karachi, May 31, 2025 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) posted a strong performance in May 2025, gaining 7.5% on a month-on-month (MoM) basis, according to a report by Topline Securities Limited.
(more…)Author: Shahnawaz Akhter
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FBR sees 19% growth in May tax collection but falls short of target
Karachi, May 31, 2025 – The Federal Board of Revenue (FBR) recorded a notable 19% year-on-year increase in tax collection for May 2025, though it fell short of meeting its monthly target, according to a report by Arif Habib Limited.
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SBP reiterates caution on cryptocurrency amid regulatory vacuum
Karachi, May 30, 2025 – The State Bank of Pakistan (SBP) has issued a comprehensive clarification regarding the legal status of cryptocurrency in the country, reiterating its earlier stance on the issue.
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SBP issues list of 54 cattle markets for cashless payments
Karachi, May 30, 2025 – In a bid to modernize financial transactions and reduce dependency on physical cash during the high-transaction Eid-ul-Adha season, the State Bank of Pakistan (SBP) has unveiled a comprehensive list of designated cattle markets across the country for enabling cashless payments.
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KCCI demands subsidy release for incremental power consumption
Karachi, May 30, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has called on the federal government to urgently release the long-delayed subsidy related to incremental electricity consumption, which is critical for the survival and growth of Karachi’s industrial sector.
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PCDMA sounds alarm over rampant EFS misuse
KARACHI, May 30, 2025 — The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has voiced strong concern over the increasing misuse of the Export Facilitation Scheme (EFS), warning that unchecked exploitation of the policy could devastate small and medium enterprises (SMEs) and severely impact government revenues.
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FBR extends April sales tax return filing deadline to June 5
Islamabad, May 30, 2025 — The Federal Board of Revenue (FBR) on Friday extended the deadline for filing the sales tax return for the month of April 2025.
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FBR reshuffles top taxpayers to trace foreign assets
Karachi, May 30, 2025 – In a bold and strategic move, the Federal Board of Revenue (FBR) has unleashed a sweeping reshuffle, transferring 21 high-profile taxpayers to intensify monitoring of their offshore assets.
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Rs3 million banking transactions to face regulatory scrutiny soon
In a major move to tighten financial regulations and enhance transparency, a critical proposal is being considered for inclusion in Pakistan’s upcoming Budget 2025–26. The proposal recommends mandatory scrutiny of banking transactions exceeding Rs3 million, especially those conducted through personal bank accounts.
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Will super tax finally end in budget 2025–26? Debate continues
As the countdown to the federal Budget 2025–26 begins, the future of the controversial super tax hangs in the balance.
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