Pakistan Revenue
Karachi, April 12, 2025 – The All Pakistan Motorcycle Spare Parts Importers and Dealers Association (MSPIDA) has announced its decision to launch a strong protest campaign against K-Electric due to ongoing, severe power outages that are crippling business activities in Karachi’s key motorcycle spare parts markets.
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Karachi, April 12, 2025 – Special Assistant to Prime Minister (SAPM) for Industries and Production Division, Haroon Akhtar Khan, unveiled an ambitious plan to reduce Pakistan’s corporate tax burden despite the constraints posed by the International Monetary Fund (IMF) program.
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Karachi, April 12, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has urged the federal government to permit gold exports with at least 20% value addition, a move it believes will revitalize the stagnant precious metals sector and significantly boost export revenues.
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Karachi, April 12, 2025 – Investors at the Pakistan Stock Exchange (PSX) are bracing for another turbulent week ahead, as global economic tensions and local corporate earnings are expected to drive market sentiment.
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Karachi, April 11, 2025 – The Pakistan Stock Exchange (PSX) witnessed another volatile session on Friday, as mounting global trade tensions and a sharp drop in international oil prices triggered widespread uncertainty in investor sentiment.
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Islamabad, April 11, 2025 – The Federal Board of Revenue (FBR) has officially released a comprehensive procedure to facilitate the integration of businesses into its digital invoicing system, as part of its ongoing efforts to enhance transparency and compliance in the tax ecosystem.
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Karachi, April 11, 2025 – Frustrated by persistent technical failures in the Federal Board of Revenue’s (FBR) IRIS portal, the Karachi Chamber of Commerce and Industry (KCCI) has formally appealed to Prime Minister Shehbaz Sharif for immediate intervention to address the growing tax compliance crisis facing the business community.
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Karachi, April 11, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has proposed a significant tax reform aimed at revitalizing the real estate sector by suggesting income tax exemption on immovable properties valued up to Rs 10 million.
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Islamabad, April 11, 2025 – A senior officer of the Inland Revenue Service (IRS), holding the position of BS-20, has been awarded the major penalty of dismissal from service following a comprehensive disciplinary process.
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Karachi, April 10, 2025 – Pakistan’s salaried class has made an urgent appeal to the federal government to ease the growing tax burden in the upcoming Budget 2025–26, highlighting the financial pressures faced by wage earners amid high inflation and stagnant salaries.
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