Karachi, July 8, 2025 – The federal government is set to raise a record Rs5.57 trillion through borrowing via auctions of government securities during the first quarter (July–September) of the fiscal year 2025-26, as part of its ongoing efforts to manage the budget deficit and fund public expenditure.
(more…)Author: Shahnawaz Akhter
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FBR sets income tax return filing deadlines for TY2025
Karachi, July 8, 2025 — The Federal Board of Revenue (FBR) has officially announced the deadlines for filing income tax returns for Tax Year (TY) 2025. However, a growing wave of concern is emerging among taxpayers due to the FBR’s failure to release the necessary return forms—putting millions at risk of missing crucial deadlines.
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South Africa close to crushing Zimbabwe with innings victory
Bulawayo, July 7, 2025 – South Africa are on the verge of sealing a massive innings victory over Zimbabwe in the second and final Test at Queens Sports Club, Bulawayo.
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FBR starts recruitment for sub-inspectors in Pakistan Customs
Islamabad, July 7, 2025 — The Federal Board of Revenue (FBR) has officially launched the recruitment process for sub-inspectors in Pakistan Customs, aiming to fill 148 vacant posts across the country.
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Interior minister promises swift resolution to UAE visa issue
KARACHI, July 7, 2025 — Federal Minister for Interior & Narcotics Control, Syed Mohsin Raza Naqvi, has assured the business community that the growing issue of UAE visa rejections for Pakistani nationals is being taken seriously and will soon be addressed.
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LTO Karachi promises swift action on FPCCI tax woes
Karachi, July 7, 2025 – The Large Taxpayers Office (LTO) Karachi has assured the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) of its full cooperation in resolving the pressing tax and technical issues raised by the business community, particularly those arising from the newly introduced provisions of the Federal Budget 2025–26.
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FBR releases list for regulatory duty exemptions on imports
Karachi, July 7, 2025 – The Federal Board of Revenue (FBR) has formally issued a detailed list specifying exemptions from regulatory duty on a wide range of imported goods.
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Unisame slams cash withdrawal tax: calls it daylight robbery
Karachi, July 7, 2025 – In a fiery appeal to the government, the Union of Small and Medium Enterprises (Unisame) has blasted the imposition of cash withdrawal tax, branding it an unfair and irrational burden on honest entrepreneurs and everyday citizens alike.
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Islamabad lowers tax on software, IT services in FY26
Islamabad, July 7, 2025 – Big news for tech professionals and businesses! If you’re offering IT services in Islamabad, the tax landscape just became a lot more favorable — and it’s time to take notice.
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Transactions Ban Triggers ATL Record at 7.27 Million
Are you on Pakistan’s Active Taxpayers List (ATL)? If not, brace yourself — the system just got a lot tighter, and the consequences of staying out are steeper than ever!
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