Karachi, May 1, 2025 — The Karachi Chamber of Commerce and Industry (KCCI) has submitted comprehensive recommendations to the government for the upcoming Budget 2025–26, addressing the growing issue of under-invoicing and misdeclaration on imported plastic, especially polyethylene and polypropylene products.
(more…)Author: Shahnawaz Akhter
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PSX recommends lower tax rates for listed companies in budget
Karachi, May 1, 2025 — The Pakistan Stock Exchange (PSX) has submitted a set of tax proposals for the federal budget 2025–26, calling for a permanent reduction in corporate tax rates for listed companies.
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Rice exporters urge tax relief, Aurangzeb promises consideration
Karachi, May 1, 2025 – Pakistan’s rice exporters have called on the government to offer tax incentives to strengthen the rice sector and boost foreign exchange earnings.
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FBR delays electronic tax system integration for one month
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.
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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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