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Author: Shahnawaz Akhter

KCCI Photo

KPT, KCCI join hands to strengthen trade, maritime investment

June 19, 2025June 19, 2025Shahnawaz Akhter

Karachi, June 19, 2025 – The Karachi Port Trust (KPT) and the Karachi Chamber of Commerce and Industry (KCCI) have reaffirmed their commitment to closely collaborate in streamlining trade operations and boosting investment in Pakistan’s maritime and business sectors.

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port activity

Pakistan pays $15 million for Indian imports amid May tensions

June 19, 2025June 19, 2025Shahnawaz Akhter

Karachi, June 19, 2025 – Despite heightened geopolitical tensions in May 2025, Pakistan recorded $15.05 million in imports from India, according to data released by the State Bank of Pakistan (SBP). This figure represents a decline from $20 million in April 2025 and $17 million in May 2024.

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Finance Ministry 02

Pakistan reenters global market with $1 billion financing deal

June 18, 2025June 18, 2025Shahnawaz Akhter

Islamabad, June 18, 2025 – In a significant move signaling renewed investor confidence, Pakistan has successfully reentered the international financial markets by securing a $1 billion syndicated financing deal.

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pakistan customs

FBR limits transit cargo examination to 5%, issues new SRO

June 18, 2025June 18, 2025Shahnawaz Akhter

Islamabad, June 18, 2025 – The Federal Board of Revenue (FBR) has issued draft amendments to the Customs Rules, 2001, proposing significant reductions in the scanning and examination of transit trade consignments to facilitate smoother cargo movement and improve trade efficiency.

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Sindh Budget 2025-26

Sindh expands sales tax net to new services in FY26

June 18, 2025June 18, 2025Shahnawaz Akhter

Karachi, June 18, 2025 – The Sindh government has widened the scope of sales tax by bringing several new services under the tax net for the fiscal year 2025-26.

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solar electricity

FBR mulls 10% sales tax on solar panels for 2025-26

June 18, 2025June 18, 2025Shahnawaz Akhter

Islamabad, June 18, 2025 – The Federal Board of Revenue (FBR) is now considering the imposition of a 10% sales tax on imported solar panels in the upcoming fiscal year 2025-26.

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KTBA Bar

KTBA slams IMF grip on Pakistan in post budget 2025-26 analysis

June 17, 2025June 17, 2025Shahnawaz Akhter

Karachi, June 17, 2025 – In a hard-hitting critique of prolonged economic dependency of Pakistan, President of the Karachi Tax Bar Association (KTBA), Ali A. Rahim, issued a powerful warning regarding the country’s dangerous over-reliance on the International Monetary Fund (IMF).

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Port Qasim Activity

Sindh enhances sales tax on freight services for FY26

June 17, 2025June 17, 2025Shahnawaz Akhter

Karachi, June 17, 2025 — The Sindh government has proposed several revisions to service descriptions and rates of Sindh Sales Tax (SST) as part of the Finance Bill 2025, including a significant increase in tax on freight services.

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Sindh Budget 2025-26

Salient Features of Sindh Finance Bill 2025

June 17, 2025June 17, 2025Shahnawaz Akhter

Karachi, June 17, 2025 – The Sindh government has officially presented the Sindh Finance Bill 2025, proposing a wide array of structural amendments to the Sindh Sales Tax on Services Act, 2011.

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PSX KSE-100

KSE-100 index falls by 254 points amid geopolitical uncertainty

June 17, 2025June 17, 2025Shahnawaz Akhter

Karachi, June 17, 2025 — The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) witnessed a notable decline on Tuesday, shedding 254 points as persistent geopolitical uncertainties rattled investor confidence.

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  • Pakistan’s World Cup Ball Unveiled Ahead of FIFA World Cup 2026
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