Islamabad, April 30, 2025 – The Federal Board of Revenue (FBR) has officially extended the deadline for the electronic integration of taxpayers, providing businesses more time to comply with the new invoicing regulations.
(more…)Author: Shahnawaz Akhter
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KTBA proposes taxpayer-friendly measures in budget 2025–26
Karachi, April 30, 2025 – The Karachi Tax Bar Association (KTBA) has formally submitted its comprehensive set of tax proposals for the upcoming Budget 2025–26, emphasizing the need for a balanced, efficient, and taxpayer-friendly tax regime.
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PSX nosedives by 3,545 points amid rising Indo-Pak tensions
Karachi, April 30, 2025 – The Pakistan Stock Exchange (PSX) witnessed a steep fall on Wednesday, shedding a massive 3,545 points due to escalating tensions between Pakistan and India.
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Allied Bank reports 24% decline in markup income for 1QCY25
Karachi, April 30, 2025 – Allied Bank has reported a significant 24% decline in its markup income for the first quarter of the calendar year 2025, reflecting the impact of falling interest rates and a lower cost of funding.
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SBP questions FBR performance as sales tax ATL shrinks
Karachi, April 30, 2025 – The State Bank of Pakistan (SBP) has expressed concern over the performance of the Federal Board of Revenue (FBR), particularly in relation to the declining number of sales tax filers on the Active Taxpayers List (ATL).
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PSX urges tax relief to boost foreign investment in capital market
Karachi, April 30, 2025 – The Pakistan Stock Exchange (PSX) has proposed a significant tax relief package aimed at attracting foreign investment into the country’s capital market, ahead of the federal budget for fiscal year 2025–26.
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SBP to announce monetary policy on May 5, 2025
Karachi, April 30, 2025 – The State Bank of Pakistan (SBP) has officially scheduled the announcement of its next monetary policy statement for Monday, May 5, 2025.
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Higher property taxes slow housing loan demand: SBP Report
Karachi, April 30, 2025 – The State Bank of Pakistan (SBP) has revealed that increased taxation on property transactions has significantly impacted housing finance, dampening the demand for home-building loans despite a reduction in borrowing costs.
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FBR sets cement sales tax value based on SPI data
Islamabad, April 29, 2025 – In a major policy development, the Federal Board of Revenue (FBR) has officially announced a new method for determining the value of cement for the purpose of sales tax calculation, aligning it with the Sensitive Price Indicator (SPI) data issued by the Pakistan Bureau of Statistics (PBS).
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PSX gains 808 points as market rebounds from early sell-off
Karachi, April 29, 2025 – The Pakistan Stock Exchange (PSX) staged a powerful recovery on Tuesday, ending the session with a gain of 808 points, closing at 114,872 points, up 0.71%.
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