Karachi, October 18, 2025 – The State Bank of Pakistan (SBP) has proposed key policy measures to boost electricity demand in the country, highlighting that affordable, reliable, and efficiently distributed power is vital for sustained economic growth.
(more…)Author: Shahnawaz Akhter
-
SBP report highlights Pakistan’s deepening irrigation crisis
Karachi, October 18, 2025 – The State Bank of Pakistan (SBP) has released a critical report titled “Managing Irrigation Water amid Climate Stress and Regional Uncertainty,” warning that Pakistan’s irrigation system is under unprecedented stress from water scarcity, inefficient canal operations, and growing climate and geopolitical challenges.
(more…) -
FBR breaks all records – 8.47 million filers on ATL 2024
Karachi, October 18, 2025 – In a landmark development for Pakistan’s tax system, the Federal Board of Revenue (FBR) has revealed that a record 8.47 million taxpayers have been enrolled in the Active Taxpayers List (ATL) for the tax year 2024 — the highest number in the country’s history.
(more…) -
FBR to Publish Active Taxpayers List (ATL) 2025 on November 1
Islamabad, October 18, 2025 – The Federal Board of Revenue (FBR) has officially confirmed that it will release the Active Taxpayers List (ATL) for the tax year 2025 on November 1, 2025, following the recent extension in the income tax return filing deadline.
(more…) -
SBP issues framework for fair treatment of banking consumers
Karachi, October 17, 2025 – The State Bank of Pakistan (SBP) has unveiled the Business Conduct and Fair Treatment of Consumers Regulatory Framework (BC&FRF) as part of its Vision 2028 strategy to strengthen consumer protection and market conduct.
(more…) -
FBR to launch IRIS 3.0 digital tax platform to simplify tax filing
Islamabad, October 17, 2025 – The Federal Board of Revenue (FBR) is gearing up to launch IRIS 3.0, a next-generation digital tax platform aimed at simplifying tax return filing through pre-filled data, automated workflows, and enhanced user experience.
(more…) -
Religious reservations limit banking participation: SBP report
Karachi, October 17, 2025 – The State Bank of Pakistan (SBP) has highlighted that religious concerns about interest-based banking continue to significantly impact both credit demand and deposit mobilization across the country.
(more…) -
Karachi Customs seeks FBR clarification on FATA/PATA imports
Karachi, October 17, 2025 – The Collectorate of Customs Appraisement (East) has officially approached the Federal Board of Revenue (FBR) seeking policy clarification regarding the clearance of goods related to FATA and PATA through the Karachi port under home consumption procedures, following the Peshawar High Court’s recent orders.
(more…) -
Billions vanish in FATA PATA tax scam: FBR accused of turning a blind eye
Karachi, October 17, 2025 — In a shocking revelation that has sent tremors through Pakistan’s financial corridors, a powerful representation submitted to the Chairman of the Federal Board of Revenue (FBR) has exposed what appears to be a multi-billion-rupee tax scam exploiting the FATA/PATA import concessions.
(more…) -
SBP projects FY26 GDP growth at 4.25%, releases annual report
Karachi, October 16, 2025 – The State Bank of Pakistan (SBP) has released its Annual Report on the State of Pakistan’s Economy for the fiscal year 2024–25, projecting the country’s GDP growth between 3.25% and 4.25% for FY2025–26. The central bank also anticipates inflation to average around 7% during the current fiscal year.
(more…)