Karachi, July 4, 2025 – The KSE-100 index of the Pakistan Stock Exchange (PSX) continued its record-breaking ascent on Friday, closing at a historic all-time high of 131,949 points, just shy of the symbolic 132,000 mark. This marks another milestone in the index’s impressive rally, fueled by institutional interest and renewed investor confidence.
(more…)Author: Shahnawaz Akhter
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FBR grants tax breaks to overseas Pakistanis on property deals
Islamabad, July 4, 2025 – Are you an overseas Pakistani planning to buy or sell property in Pakistan? Here’s great news — the Federal Board of Revenue (FBR) has officially announced a generous tax concession that could save you a substantial amount on your real estate deals!
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FBR reports ATL surges to record 7.27 million amid new restrictions
Karachi, July 4, 2025 – In a historic move that’s sending shockwaves through financial and business circles, the Federal Board of Revenue (FBR) has announced that Pakistan’s Active Taxpayers List (ATL) has skyrocketed to an all-time high of 7.27 million!
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Taxpayers in Panic as FBR Delays 2025 Return Forms
As the new fiscal season kicks off, taxpayers across Pakistan are growing increasingly restless, wondering when the Federal Board of Revenue (FBR) will release the much-anticipated income tax return forms for Tax Year 2025 (TY2025).
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Pakistan’s forex reserves cross $18 billion mark amid strong inflows
Karachi, July 3, 2025 – Pakistan’s foreign exchange (forex) reserves have surged past the $18 billion mark, signaling renewed confidence in the country’s external position.
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KSE-100 Index hits all-time high amid volatile trading
Karachi, July 3, 2025 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) soared to a historic new high on Thursday, despite enduring a wildly volatile trading session that kept investors on edge throughout the day.
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BML unveils major corporate developments in landmark disclosure
Karachi, July 3, 2025 – In a significant step towards enhancing transparency and reaffirming investor confidence, Bank Makramah Limited (BML) on Thursday disclosed vital corporate developments to the Pakistan Stock Exchange (PSX), outlining major financial transactions and strategic initiatives.
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KCCI roars against draconian laws: demands relief for taxpayers
Karachi, July 3, 2025 — In an explosive press conference that sent shockwaves through Pakistan’s business circles, the Karachi Chamber of Commerce and Industry (KCCI) launched a scathing attack on the government’s newly enacted Sections 37A and 37B of the Sales Tax Act, 1990, calling them “draconian” and a direct assault on law-abiding taxpayers.
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Sindh brings major changes to Motor Vehicles Act, 1939
Karachi, July 3, 2025 — Big changes are underway for vehicle owners in Sindh as the provincial government has officially updated the Motor Vehicles Act, 1939 through the recently approved Finance Act, 2025.
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Planning Construction in Islamabad? Know the Tax Rules
Islamabad, July 3, 2025 — Thinking about starting a new construction project in Islamabad this year? Whether you’re building a home, launching a commercial site, or developing an apartment complex, make sure you understand the latest construction tax rate before you break ground.
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