Karachi, October 20, 2025 – The State Bank of Pakistan (SBP) has entered into a strategic partnership with the International Finance Corporation (IFC), a member of the World Bank Group, to strengthen local currency lending and support private sector growth in Pakistan.
(more…)Author: Shahnawaz Akhter
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KSE-100 index jumps 2,437 points as Pak-Afghan ceasefire boosts investor confidence
Karachi, October 20, 2025 – The Pakistan Stock Exchange (PSX) witnessed a remarkable rally on Monday, with the benchmark KSE-100 index surging by 2,437 points amid renewed investor confidence following the Pak-Afghan ceasefire announcement.
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FBR sets bank cash withdrawal limit for non-filers in Pakistan
Karachi, October 19, 2025 – The Federal Board of Revenue (FBR) has confirmed that the Income Tax Ordinance, 2001 now places restrictions on bank cash withdrawals and other financial transactions for non-filers in Pakistan.
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SBP recommends major reforms to boost Pakistan’s electricity demand
Karachi, October 18, 2025 – The State Bank of Pakistan (SBP) has proposed key policy measures to boost electricity demand in the country, highlighting that affordable, reliable, and efficiently distributed power is vital for sustained economic growth.
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SBP report highlights Pakistan’s deepening irrigation crisis
Karachi, October 18, 2025 – The State Bank of Pakistan (SBP) has released a critical report titled “Managing Irrigation Water amid Climate Stress and Regional Uncertainty,” warning that Pakistan’s irrigation system is under unprecedented stress from water scarcity, inefficient canal operations, and growing climate and geopolitical challenges.
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FBR breaks all records – 8.47 million filers on ATL 2024
Karachi, October 18, 2025 – In a landmark development for Pakistan’s tax system, the Federal Board of Revenue (FBR) has revealed that a record 8.47 million taxpayers have been enrolled in the Active Taxpayers List (ATL) for the tax year 2024 — the highest number in the country’s history.
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FBR to Publish Active Taxpayers List (ATL) 2025 on November 1
Islamabad, October 18, 2025 – The Federal Board of Revenue (FBR) has officially confirmed that it will release the Active Taxpayers List (ATL) for the tax year 2025 on November 1, 2025, following the recent extension in the income tax return filing deadline.
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SBP issues framework for fair treatment of banking consumers
Karachi, October 17, 2025 – The State Bank of Pakistan (SBP) has unveiled the Business Conduct and Fair Treatment of Consumers Regulatory Framework (BC&FRF) as part of its Vision 2028 strategy to strengthen consumer protection and market conduct.
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FBR to launch IRIS 3.0 digital tax platform to simplify tax filing
Islamabad, October 17, 2025 – The Federal Board of Revenue (FBR) is gearing up to launch IRIS 3.0, a next-generation digital tax platform aimed at simplifying tax return filing through pre-filled data, automated workflows, and enhanced user experience.
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Religious reservations limit banking participation: SBP report
Karachi, October 17, 2025 – The State Bank of Pakistan (SBP) has highlighted that religious concerns about interest-based banking continue to significantly impact both credit demand and deposit mobilization across the country.
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