Karachi, April 28, 2025 – National Bank of Pakistan (NBP) provided a comprehensive update to its shareholders on Monday regarding the bank’s financial position as of March 31, 2025.
(more…)Author: Shahnawaz Akhter
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PSX urges government to reconsider tax on bonus shares
Karachi, April 28, 2025 – Pakistan Stock Exchange (PSX) has formally urged the government to review the current tax treatment of bonus shares in the forthcoming federal budget for 2025-26.
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Property tax revenue climbs 25% in 9MFY25, FBR reports
Islamabad, April 28, 2025 – The Federal Board of Revenue (FBR) has reported a significant 25% increase in tax collection from property transactions during the first nine months (July – March) of the current fiscal year 2024-25.
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Textile sector faces crisis amid Sindh road protests: PHMA
Karachi, April 28, 2025 – The Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has issued a grave warning regarding the economic fallout caused by the prolonged closure of major highways across Sindh. In a strongly worded statement, PHMA highlighted that ongoing protests disrupting key transport routes leading to Karachi Port have brought the export sector to a virtual standstill.
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KCCI calls for tax relief for yarn traders in budget 2025-26
Karachi, April 27, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has urged the government to introduce tax relief measures for yarn traders in the upcoming federal budget 2025-26, aiming to boost compliance and support growth within the sector.
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PSX uncovers massive undocumented wealth in real estate sector
Karachi, April 27, 2025 – The Pakistan Stock Exchange (PSX) has revealed a significant presence of undocumented wealth circulating within the real estate sector and has suggested several reforms to integrate this sector into the formal tax framework.
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How FBR modernizes invoicing systems through successive SROs
The Federal Board of Revenue (FBR) has undertaken a significant journey to digitize tax compliance, particularly through the progressive rollout of digital invoicing and e-invoicing systems.
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Pakistan Customs, KCCI strengthen collaboration to boost exports
KARACHI: In a concerted effort to invigorate Pakistan’s export sector, the Chief Collector of Pakistan Customs (Export), Mohammad Sadiq, reiterated the unwavering commitment of the Customs authorities to bolster trade operations through close collaboration with the Karachi Chamber of Commerce and Industry (KCCI).
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Exporter suffers major loss after critical bank miscalculation
Karachi, April 26, 2025 – In a recent case, a serious miscalculation by a leading Bank caused a substantial financial loss to an exporter, highlighting the critical importance of accurate handling of export proceeds.
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PSX sentiments closely tied to geopolitical tensions ahead
Karachi, April 26, 2025 – The Pakistan Stock Exchange (PSX) is expected to remain under the influence of geopolitical sentiments in the coming week starting April 28, 2025.
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