Pakistan Revenue
Karachi, May 12, 2025 – The Karachi Tax Bar Association (KTBA) has called on the government to abolish the tax on surplus funds of Non-Profit Organizations (NPOs) in the upcoming federal budget for 2025–26.
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Karachi, May 12, 2025 – The Pakistani rupee posted a notable recovery on Monday morning, appreciating by 31 paisas against the US dollar in the interbank market.
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Karachi, May 12, 2025 – The Pakistan Stock Exchange (PSX) witnessed a historic surge on Monday morning, driven by jubilant investor sentiment following the announcement of a ceasefire agreement between Pakistan and India.
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Karachi, May 12, 2025 – The Overseas Investors Chamber of Commerce and Industry (OICCI) has recommended that the Federal Board of Revenue (FBR) install Point-of-Sale (POS) systems at all airlines and travel agencies in Pakistan, as part of its proposals for the upcoming 2025-26 federal budget.
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Karachi, May 11, 2025 – Pakistan is likely to introduce a Capital Value Tax (CVT) on crypto assets held by resident citizens, as the government moves toward formalizing regulation for digital currencies.
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Islamabad, May 11, 2025 – Pakistan has witnessed a significant surge in motor vehicle tax collection, which soared by 58% during the first nine months (July–March) of the ongoing fiscal year 2024-25, according to official data released by the Ministry of Finance.
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Karachi, May 11, 2025 — The Federal Board of Revenue (FBR) has been strongly urged to implement compulsory income tax return filing for professionals across various sectors, particularly those affiliated with formal associations and professional bodies such as bar councils and trade organizations.
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Karachi, May 11, 2025 – The Pakistani rupee is projected to remain stable in the coming week, beginning May 12, following the International Monetary Fund’s (IMF) approval of a fresh loan tranche exceeding $1 billion.
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Islamabad, May 11, 2025 – The Federal Board of Revenue (FBR) is actively reviewing a proposal to revise the taxation structure on immovable properties in the upcoming federal budget for the fiscal year 2025-26. This move comes in response to persistent demands from real estate stakeholders and aims to stimulate investment while balancing revenue generation.
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Islamabad, May 11, 2025 – The Federal Board of Revenue (FBR) is actively considering a significant increase in the federal excise duty (FED) on cigarettes in the upcoming 2025–26 budget, citing the severe health risks posed by smoking.
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