KARACHI, April 15, 2026 — Indus Motor Company Limited reported earnings exceeding Rs5 billion during the half year ended December 31, 2025, with a substantial portion of its income derived from financial investments rather than core manufacturing activity, according to its latest financial disclosures.
(more…)Author: Shahnawaz Akhter
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Pakistan Customs arrests officers in alleged silver bullion swap case
KARACHI, April 13, 2026 – Pakistan Customs has arrested two of its preventive officers over alleged involvement in a major silver bullion scam, officials said on Monday, after a consignment transported for official deposit was found to contain fake material.
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FBR revamps KPIs for international taxation and information exchange
ISLAMABAD, April 13, 2026 –Federal Board of Revenue (Federal Board of Revenue) has introduced a sweeping overhaul of job descriptions and key performance indicators (KPIs) for officers engaged in international taxation and exchange of information functions, aiming to strengthen transparency, efficiency and compliance with global tax standards.
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FBR collects over Rs12 billion in capital value tax on vehicles and properties
ISLAMABAD, April 13, 2026 – Pakistan’s Federal Board of Revenue (Federal Board of Revenue) collected more than Rs12.55 billion in capital value tax (CVT) on motor vehicles and immovable properties during fiscal year 2024-25, reflecting an annual growth of around 8%, official data showed on Monday.
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FBR sets April 24 deadline for asset declarations
ISLAMABAD, April 13, 2026 – Federal Board of Revenue (FBR) has directed its officers to submit pending asset and liability declarations by April 24, warning of disciplinary consequences for non-compliance, according to an official circular issued on Monday.
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FBR reports 42% drop in tax collection from builders, developers
Pakistan’s Federal Board of Revenue (FBR) reported a 42% decline in income tax collection from builders and developers during fiscal year 2025, reflecting weaker activity in the construction sector, according to official data.
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Karachi, Faisalabad chambers to jointly highlight business concerns
KARACHI, April 11 (PkRevenue.com) – The Karachi Chamber of Commerce and Industry and Faisalabad Chamber of Commerce and Industry agreed on Saturday to strengthen coordination to present a unified stance on Pakistan’s economic and business challenges, according to a joint statement.
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Karachi contributes 45% to Pakistan’s direct tax collection in FY25
KARACHI, April 10 – Karachi accounted for 45% of Pakistan’s total direct tax collection in fiscal year 2024-25, underscoring the city’s central role in the country’s revenue generation, according to the annual report released by the Federal Board of Revenue.
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New car boom drives 71% rise in Pakistan tax revenue
ISLAMABAD, April 10 – Pakistan’s tax authority said on Friday that withholding income tax collected on the registration of new cars rose by more than 71% in fiscal year 2024-25, driven by higher vehicle sales and changes in the tax structure.
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Pakistan forex reserves rise by $105 million, central bank says
KARACHI, April 9 – Pakistan’s foreign exchange reserves increased by $105 million in the week ended April 3, the State Bank of Pakistan said on Thursday, offering modest support to the country’s external position.
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