Karachi, February 18, 2025 – Pakistan recorded a current account surplus of $682 million during the first seven months of the fiscal year 2024-25 (July–January), according to data released by the State Bank of Pakistan (SBP) on Tuesday.
(more…)Author: Shahnawaz Akhter
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UNISAME Urges Strict Enforcement of Real Estate Regulations
Karachi, February 18, 2025 – The Union of Small and Medium Enterprises (UNISAME) has strongly emphasized the need for strict enforcement of regulations governing real estate agents to ensure fair and transparent transactions in the property market.
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Understanding Fraud Under the Customs Act, 1969
Karachi, February 18, 2025 – The Federal Board of Revenue (FBR) has provided a detailed explanation regarding the definition of fraud under the Customs Act, 1969.
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PBC Recommends Wealth Reconciliation Mandatory for All
Karachi, February 17, 2025 – The Pakistan Business Council (PBC) has put forward a significant proposal to the Federal Board of Revenue (FBR), recommending that wealth reconciliation be made mandatory for all tax return filers.
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PBC Urges FBR to Raise Refund Processing Limits for Exporters
Karachi, February 17, 2025 – The Pakistan Business Council (PBC) has urged the Federal Board of Revenue (FBR) to revise and increase the refund processing limits for exporters to facilitate business operations and improve liquidity.
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KSE-100 Index Declines 342 Points Amid Market Volatility
Karachi, February 17, 2025 – The Pakistan Stock Exchange (PSX) witnessed a turbulent trading session on Monday, as the benchmark KSE-100 index fell by 342 points amid fluctuating market sentiment.
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FBR Tightens POS Rules to Seal Tier-1 Retailer Outlets
Islamabad, February 17, 2025 – The Federal Board of Revenue (FBR) on Monday introduced stricter rules regarding the Point of Sale (POS) integration for Tier-1 retailers.
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FPCCI Applauds Separation of Tax Policy from FBR
Karachi, February 17, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has warmly welcomed the government’s decision to separate tax policy from the Federal Board of Revenue (FBR). This reform is seen as a critical step toward enhancing transparency, improving efficiency, and fostering economic growth.
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PBC Proposes 1% Corporate Tax Reduction for Listed Companies
Karachi, February 17, 2025 – The Pakistan Business Council (PBC) has proposed a 1% reduction in the corporate tax rate for listed companies with a minimum float of 25% in a given year.
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Karachi Customs Auctions Huge Lot of Used Vehicles on Feb 19
Karachi, February 17, 2025 – The Collectorate of Customs, Karachi, has announced a large-scale auction of used vehicles scheduled for February 19, 2025.
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