How Much Tax Do You Pay for Property Transactions in Karachi?
Karachi, April 1, 2025 – Property transactions in Karachi are subject to various tax regulations, making the process intricate for buyers and sellers alike.
Continue Reading
Author: Shahnawaz Akhter
FBR Sets New Record with Surge in Active Taxpayers List
Karachi, April 1, 2025 – The Federal Board of Revenue (FBR) has achieved an unprecedented milestone by recording the highest-ever number of Active Taxpayers in Pakistan’s history.
Continue Reading
PKR to USD: Rupee Expected to Trade in a Limited Range
Karachi, March 30, 2025 – The Rupee is predicted to trade within a narrow range against the US dollar in the coming sessions, following the extended Eid holidays.
Continue Reading
PSX to Hold Only Two Weekly Trading Sessions After Eid-ul-Fitr
Karachi, March 30, 2025 – The Pakistan Stock Exchange (PSX) will conduct only two trading sessions in the week following Eid-ul-Fitr, as market activity remains limited due to public holidays.
Continue Reading
FBR Must Collect Rs 1.50 Trillion Monthly to Meet FY25 Target
Islamabad, March 30, 2025 – The Federal Board of Revenue (FBR) must achieve a monthly tax collection of Rs 1.50 trillion during the last quarter (April – June) to successfully meet its annual fiscal year 2024-25 target.
Continue Reading
Exporters Under FBR Lens Following Decline in Tax Collection
Karachi, March 29, 2025 – The Federal Board of Revenue (FBR) has initiated a thorough audit of exporters following a notable decline in income tax collection for February 2025.
Continue Reading
FBR Establishes Directorate for Special Customs Initiatives
Islamabad, March 28, 2025 – In a strategic move to strengthen revenue collection and combat illicit trade practices, the Federal Board of Revenue (FBR) has officially established the Directorate General of Special Initiatives – Customs.
Continue Reading
FBR Reports 503% Surge in CGT Collection in February 2025
Karachi, March 28, 2025 – The Federal Board of Revenue (FBR) has reported a remarkable 503% surge in capital gain tax (CGT) collection on a year-on-year (YoY) basis for February 2025, reflecting an unprecedented rise in market activity and investor participation.
Continue Reading
Pakistan Revises Customs Valuation for Manicure, Pedicure Sets
Karachi, March 28, 2025 – The Directorate General of Customs Valuation, Government of Pakistan, has issued a new Valuation Ruling No. 1986/2025, revising the customs values for manicure and pedicure sets under Section 25A of the Customs Act, 1969.
Continue Reading
Retail Payments Quarterly Crosses 2-Billion Mark First Time: SBP
Islamabad, March 28, 2025 – The State Bank of Pakistan (SBP) has announced a significant milestone in Pakistan’s financial sector, as the number of retail payments processed in a single quarter has exceeded 2 billion transactions for the first time.
Continue Reading