Pakistan Revenue
Islamabad, April 24, 2025 — In a strategic step aimed at enhancing investor confidence and improving the business climate, Prime Minister Shehbaz Sharif has established a high-level committee to develop a comprehensive legal framework for the protection of investment in Pakistan.
Continue Reading
Karachi, April 24, 2025 – The State Bank of Pakistan (SBP) reported a significant drop in its official foreign exchange (forex) reserves, with a decline of $367 million during the week ending April 18, 2025.
Continue Reading
Karachi, April 24, 2025 – The Pakistan Stock Exchange (PSX) witnessed a sharp decline of 2,206 points on Thursday as mounting tensions between Pakistan and India rattled investor confidence and triggered a broad-based sell-off across the market.
Continue Reading
KARACHI, April 24, 2025 — The Federal Board of Revenue (FBR) has experienced a sharp decline in income tax collection from profits on bank deposits in March 2025, with receipts plunging by 54% compared to the same month last year.
Continue Reading
KARACHI, April 24, 2025 — Unilever Pakistan Foods Limited has reported a decline in profitability for the first quarter of the calendar year 2025, posting an 8.24% drop in net profit compared to the same period last year.
Continue Reading
KARACHI, April 24, 2025 — The Institute of Cost and Management Accountants of Pakistan (ICMAP) has emphasized the urgent need for a transparent and efficient tax mechanism to bring traders into the formal tax system.
Continue Reading
Karachi, April 24, 2025 – The State Bank of Pakistan (SBP) has released its flagship annual publication, the Financial Stability Review (FSR) for the calendar year 2024, offering a comprehensive evaluation of Pakistan’s financial sector.
Continue Reading
Islamabad, April 23, 2025 — The Federal Board of Revenue (FBR) has issued fresh directives mandating registered taxpayers to integrate their invoicing systems electronically in accordance with the country’s push toward greater tax digitization and compliance.
Continue Reading
Karachi, April 23, 2025 — The Karachi Tax Bar Association (KTBA) has raised serious concerns over the abrupt cessation of new sales tax registration by the Federal Board of Revenue (FBR), calling the move disruptive and counterproductive to business compliance and economic activity.
Continue Reading
Karachi, April 23, 2025 – The Federal Board of Revenue (FBR) is actively considering the introduction of a new tax regime targeting income generated through digital platforms such as YouTube and other social media channels.
Continue Reading