Karachi, December 12, 2025 – The Pakistan Stock Exchange (PSX) achieved a new all-time high on Friday, with its benchmark KSE-100 index closing near the 170,000-point mark amid positive investor sentiment and robust trading activity.
(more…)Author: Shahnawaz Akhter
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Pakistan faces new structural benchmarks for IMF loan compliance
Islamabad, December 12, 2025 – Pakistan has been set 11 new structural benchmarks (SBs) by the International Monetary Fund (IMF) as part of the ongoing Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) programs.
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Taxation Principles for Permanent Establishments in Pakistan: Non-Residents Tax Year 2026
Islamabad, December 12, 2025 – The Federal Board of Revenue (FBR) has clarified the principles of taxation for permanent establishments (PEs) of non-resident persons operating in Pakistan under Section 105 of the Income Tax Ordinance, 2001 for the tax year 2026.
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FBR amends rules for active taxpayers of AJK and GB
Islamabad, December 12, 2025 – The Federal Board of Revenue (FBR) has introduced significant amendments to the Income Tax Rules, 2002, aimed at streamlining the process of recognizing active taxpayers belonging to Azad Jammu and Kashmir (AJK) and Gilgit-Baltistan (GB). The draft amendments were issued through SRO 2423(I)/2025 on December 11, 2025.
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Tax hike alert: Pakistan assures IMF of new measures to address revenue shortfall
Islamabad, December 12, 2025 – Pakistan has assured the International Monetary Fund (IMF) that it will introduce new tax measures if revenues fall short during the fiscal year 2025–26. The commitment was outlined in the Letter of Intent (LoI) signed by Finance Minister Muhammad Aurangzeb and State Bank of Pakistan Governor Jameel Ahmad, included in the IMF’s latest country report released on December 11.
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FBR to launch digital tax operations training for nearly 1,100 Officers
Islamabad, December 11, 2025: The Federal Board of Revenue (FBR) is preparing to launch an extensive training program aimed at equipping its officers with advanced skills in digital tax operations, data analytics, and modern compliance systems.
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Pakistan receives $1.2 billion from IMF: SBP
Karachi, December 11, 2025: The State Bank of Pakistan (SBP) has received approximately $1.2 billion from the International Monetary Fund (IMF) under its Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) programs, the central bank said on Thursday.
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KCCI urges SBP to cut policy rate by 1% as inflation softens
Karachi, December 10, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has called on the State Bank of Pakistan (SBP) to lower the benchmark policy rate by 1 percentage point, citing a noticeable decline in inflation and improved macroeconomic conditions.
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FBR introduces new valuation method for steel products to collect sales tax
Karachi, December 10, 2025 – The Federal Board of Revenue (FBR) has announced a revised valuation mechanism for steel products to streamline and enhance sales tax collection across the steel sector. The updated valuation method was formally notified through SRO 2402(I)/2025, issued on Wednesday.
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LTO Karachi begins monitoring foreign assets of high net-worth individuals
Karachi, December 10, 2025 – The Large Taxpayers Office (LTO) Karachi has initiated the assessment and monitoring of foreign assets belonging to several high net-worth individuals, following directives issued by the Federal Board of Revenue (FBR).
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