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Author: Shahnawaz Akhter

FBR Image 01 New

FBR grants tax breaks to overseas Pakistanis on property deals

July 4, 2025July 4, 2025Shahnawaz Akhter

Islamabad, July 4, 2025 – Are you an overseas Pakistani planning to buy or sell property in Pakistan? Here’s great news — the Federal Board of Revenue (FBR) has officially announced a generous tax concession that could save you a substantial amount on your real estate deals!

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FBR Pakistan Karachi

FBR reports ATL surges to record 7.27 million amid new restrictions

July 4, 2025July 4, 2025Shahnawaz Akhter

Karachi, July 4, 2025 – In a historic move that’s sending shockwaves through financial and business circles, the Federal Board of Revenue (FBR) has announced that Pakistan’s Active Taxpayers List (ATL) has skyrocketed to an all-time high of 7.27 million!

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FBR launches IRIS 2.0

Taxpayers in Panic as FBR Delays 2025 Return Forms

July 4, 2025June 10, 2026Shahnawaz Akhter

As the new fiscal season kicks off, taxpayers across Pakistan are growing increasingly restless, wondering when the Federal Board of Revenue (FBR) will release the much-anticipated income tax return forms for Tax Year 2025 (TY2025).

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Pakistan’s forex reserves cross $18 billion mark amid strong inflows

July 3, 2025July 3, 2025Shahnawaz Akhter

Karachi, July 3, 2025 – Pakistan’s foreign exchange (forex) reserves have surged past the $18 billion mark, signaling renewed confidence in the country’s external position.

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PSX KSE-100

KSE-100 Index hits all-time high amid volatile trading

July 3, 2025July 3, 2025Shahnawaz Akhter

Karachi, July 3, 2025 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) soared to a historic new high on Thursday, despite enduring a wildly volatile trading session that kept investors on edge throughout the day.

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Bank Makramah

BML unveils major corporate developments in landmark disclosure

July 3, 2025July 3, 2025Shahnawaz Akhter

Karachi, July 3, 2025 – In a significant step towards enhancing transparency and reaffirming investor confidence, Bank Makramah Limited (BML) on Thursday disclosed vital corporate developments to the Pakistan Stock Exchange (PSX), outlining major financial transactions and strategic initiatives.

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Karachi Chamber

KCCI roars against draconian laws: demands relief for taxpayers

July 3, 2025July 3, 2025Shahnawaz Akhter

Karachi, July 3, 2025 — In an explosive press conference that sent shockwaves through Pakistan’s business circles, the Karachi Chamber of Commerce and Industry (KCCI) launched a scathing attack on the government’s newly enacted Sections 37A and 37B of the Sales Tax Act, 1990, calling them “draconian” and a direct assault on law-abiding taxpayers.

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Sindh government

Sindh brings major changes to Motor Vehicles Act, 1939

July 3, 2025July 3, 2025Shahnawaz Akhter

Karachi, July 3, 2025 — Big changes are underway for vehicle owners in Sindh as the provincial government has officially updated the Motor Vehicles Act, 1939 through the recently approved Finance Act, 2025.

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FBR - Taxation

Planning Construction in Islamabad? Know the Tax Rules

July 3, 2025July 3, 2025Shahnawaz Akhter

Islamabad, July 3, 2025 — Thinking about starting a new construction project in Islamabad this year? Whether you’re building a home, launching a commercial site, or developing an apartment complex, make sure you understand the latest construction tax rate before you break ground.

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FBR Blue

FBR Can Now See Your Internet History — Even If You Delete It!

July 3, 2025July 3, 2025Shahnawaz Akhter

Islamabad, July 3, 2025 — In a jaw-dropping expansion of surveillance powers, the Federal Board of Revenue (FBR) has been granted unprecedented access to your internet browsing history — even if you’ve cleared your cache or wiped your device clean.

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