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Author: Shahnawaz Akhter

Philip Morris Pakistan

PSX Probes Philip Morris Over Share Price Spike

April 18, 2025April 18, 2025Shahnawaz Akhter

Karachi, April 18, 2025 – The Pakistan Stock Exchange (PSX) has formally issued a notice to Philip Morris (Pakistan) Limited, seeking clarification regarding an unusual movement observed in the company’s share price over the recent trading sessions.

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FBR Building

FBR Tightens Sales Tax De-Registration Rules to Curb Tax Evasion

April 17, 2025April 17, 2025Shahnawaz Akhter

Islamabad, April 17, 2025 — The Federal Board of Revenue (FBR) has introduced stricter rules for sales tax de-registration through the issuance of SRO 608(I)/2025.

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foreign exchange

Pakistan’s Weekly Forex Reserves Fall by $91 Million: SBP

April 17, 2025April 17, 2025Shahnawaz Akhter

Karachi, April 17, 2025 – The State Bank of Pakistan (SBP) has reported a decline of $91 million in the country’s total foreign exchange (forex) reserves for the week ending April 11, 2025.

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foreign investment

SBP Reports 14% FDI Rise in 9MFY25, Despite Overall Decline

April 17, 2025April 17, 2025Shahnawaz Akhter

Karachi, April 17, 2025 – The State Bank of Pakistan (SBP) on Thursday released its latest data, revealing a 14% increase in foreign direct investment (FDI) during the first nine months (July–March) of the ongoing fiscal year 2024-25 (9MFY25).

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textile manufacturing

Pakistan’s Textile Exports Rise by 9.38% in 9MFY25

April 17, 2025April 17, 2025Shahnawaz Akhter

Islamabad, April 17, 2025 – Pakistan’s textile exports witnessed a promising increase of 9.38% during the first nine months (July–March) of the current fiscal year (9MFY25), according to data released by the Pakistan Bureau of Statistics (PBS) on Thursday.

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Abu-Dhabi-Ports

Shipping Companies Must Open on Saturdays: Khurram Ijaz

April 17, 2025April 17, 2025Shahnawaz Akhter

Karachi, April 17, 2025 – Khurram Ijaz, former President of the Karachi Customs Agents Association and an expert in customs, logistics, and the supply chain, has strongly urged all shipping companies to ensure their offices remain open on Saturdays. This call aligns with the directives of Prime Minister Shehbaz Sharif, who has emphasized the need […]

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bulls and bears of stocks

PSX Surges 881 Points on Historic Current Account Surplus

April 17, 2025April 17, 2025Shahnawaz Akhter

Karachi, April 17, 2025 — The Pakistan Stock Exchange (PSX) recorded a strong rally on Thursday, gaining 881 points as investor sentiment soared following news of a historic current account surplus, signaling improved macroeconomic stability.

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Pakistan Breaks Record with March Current Account Surplus

April 17, 2025April 17, 2025Shahnawaz Akhter

Karachi, April 17, 2025 — In a significant boost to its economic outlook, Pakistan recorded its highest-ever monthly current account surplus in March 2025, signaling improved external sector stability.

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FBR Blue

FBR Introduces Stricter Parameters for Sales Tax Suspension

April 17, 2025April 17, 2025Shahnawaz Akhter

Islamabad, April 17, 2025: The Federal Board of Revenue (FBR) has introduced fresh and more stringent guidelines for the suspension of sales tax registration under new Statutory Regulatory Order (SRO) 608(I)/2025, issued on Thursday.

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FBR Image 01 New

FBR Grants Rs81 Billion Sales Tax Exemption to Poultry Feed

April 17, 2025April 17, 2025Shahnawaz Akhter

Karachi, April 17, 2025:: The Federal Board of Revenue (FBR) has announced a massive sales tax exemption worth Rs81 billion for the local supply of poultry feed.

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Recent Posts

  • FBR waives late return surcharge for individuals filing special undertaking July 1, 2026
  • Finance Act 2026 cracks down on fake tax credit claims with 100% penalty July 1, 2026
  • SBP to share high-risk banking data with FBR July 1, 2026
  • Finance Act, 2026 empowers FBR with direct access to high-value bank account data July 1, 2026
  • FBR imposes additional 30% regulatory duty on commercial imports of used vehicles July 1, 2026

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  • FBR waives late return surcharge for individuals filing special undertaking
  • Finance Act 2026 cracks down on fake tax credit claims with 100% penalty
  • SBP to share high-risk banking data with FBR
  • Finance Act, 2026 empowers FBR with direct access to high-value bank account data
  • FBR imposes additional 30% regulatory duty on commercial imports of used vehicles
  • FBR notifies revised regulatory duty rates for FY2026-27 imports
  • FBR notifies new additional customs duty rates for FY2026-27 imports
  • FBR notifies procedure for collection of special excise duty on imported goods
  • FBR achieves historic Rs13 trillion annual tax collection milestone in FY2025-26
  • MTO Karachi posts record Rs42.21bn tax collection in June 2026
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