Karachi, March 9, 2025 – Investment in premium prize bonds has witnessed a significant surge of 13.21% over the past year, ending on January 31, 2025, according to the latest data released by the State Bank of Pakistan (SBP).
(more…)Author: Shahnawaz Akhter
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CDNS Announces Draw Schedule 2025 for Premium Prize Bonds
Islamabad: The Central Directorate of National Savings (CDNS) has officially announced the draw schedule for premium prize bonds for the year 2025. This announcement brings anticipation for investors who have placed their savings in premium prize bonds, offering lucrative prizes and periodic profit payments.
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FBR Unveils Procedure to Calculate Taxable Income
The Federal Board of Revenue (FBR), Pakistan’s premier tax regulatory authority, has introduced a detailed procedure for determining taxable income.
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PSX in Green: Expectations for the Coming Week
Karachi, March 8, 2025 – The Pakistan Stock Exchange (PSX) is expected to maintain its positive momentum in the upcoming week, driven by key economic developments and investor optimism, analysts said.
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FBR Issues SRO 301 to Implement Key Changes in EFS
Islamabad – The Federal Board of Revenue (FBR) has issued SRO 301(I)/2025, introducing significant amendments to the Export Facilitation Scheme (EFS) and modifying key aspects of the Customs Rules, 2001.
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SBP Imposes Rs 134.61 Million Penalty on JS Bank
Karachi, March 8, 2025 – The State Bank of Pakistan (SBP) has imposed a monetary penalty of Rs 134.61 million on JS Bank Limited during the calendar year 2024.
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SBP Mandates VPN Access for Regulated Entities
Karachi, March 7, 2025 – The State Bank of Pakistan (SBP) has announced a mandatory transition to Virtual Private Network (VPN)-based access for regulated entities (REs) using its hosted portals.
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FBR Halts New Sales Tax Registration, KTBA Raises Concerns
Karachi, March 7, 2025 – The Karachi Tax Bar Association (KTBA) has raised serious concerns over the virtual standstill in the Federal Board of Revenue’s (FBR) sales tax registration system, stating that the process has nearly come to a halt.
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PSX Gains 685 Points Amid Hopes for Circular Debt Resolution
Karachi, March 7, 2025 – The Pakistan Stock Exchange (PSX) saw a strong rally on Friday, with the benchmark KSE-100 index gaining 685 points as investors reacted positively to expectations of a solution to the country’s circular debt issue.
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Sales Tax Collection on Motor Cars Surges 193% in 1HFY25
Karachi, March 7, 2025 – The collection of sales tax on motor cars has witnessed an extraordinary 193% increase during the first half (July – December) of the current fiscal year 2024-25, according to a report released by the Federal Board of Revenue (FBR).
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