Karachi, November 12, 2025 — Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad, has called for collective efforts from regulators, banks, fintechs, and policymakers to accelerate the transition toward a digitally empowered economy.
(more…)Author: Shahnawaz Akhter
-
SRB chairman pledges to resolve tax issues, assures FPCCI of business-friendly reforms
Karachi, November 12, 2025 – Dr. Wasif Ali Memon, Chairman of the Sindh Revenue Board (SRB), has assured the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) of swift resolution of provincial tax issues that have been affecting business operations in Sindh.
(more…) -
FBR reconstitutes single portal committee for sales tax return filing
Islamabad, November 12, 2025 – The Federal Board of Revenue (FBR) has officially reconstituted the Single Portal Committee to streamline and facilitate the filing of sales tax returns by both federal and provincial taxpayers across Pakistan.
(more…) -
Sindh leads provincial sales tax collection in first quarter FY26
Islamabad, November 12, 2025 – Sindh has emerged as the top-performing province in sales tax collection during the first quarter (July–September) of the fiscal year 2025-26, according to official data released by the Ministry of Finance.
(more…) -
FBR notifies major reshuffle in Pakistan Customs Service
Islamabad, November 11, 2025 – The Federal Board of Revenue (FBR) has announced a major reshuffle in the Pakistan Customs Service (PCS), issuing transfer and posting orders for 83 officers ranging from BS-17 to BS-21 across various customs departments.
(more…) -
FBR defines powers and jurisdiction of directorate-general of law
Islamabad, November 11, 2025 – The Federal Board of Revenue (FBR) has officially notified the functions, jurisdiction, and powers of the Directorate-General of Law through a Gazette notification No. 2702-IR-I/2025, issued under section 230B of the Income Tax Ordinance, 2001, section 30DDDA of the Sales Tax Act, 1990, and section 29(2)(e) of the Federal Excise Act, 2005.
(more…) -
SRB confirms no further extension for AIT return filing
Karachi, November 11, 2025 – The Sindh Revenue Board (SRB) has announced that there will be no further extensions for filing Agricultural Income Tax (AIT) returns beyond November 15, 2025.
(more…) -
FBR mandates IP-CCTV installation across tobacco manufacturing units
Islamabad, November 11, 2025 – The Federal Board of Revenue (FBR) has intensified its regulatory oversight of Pakistan’s tobacco industry by mandating the installation of IP-CCTV cameras for real-time production monitoring.
(more…) -
Govt. generates Rs3 billion from NEV Adoption Levy in 1QFY26
Islamabad, November 10, 2025 – The Government of Pakistan has collected over Rs3 billion in revenue during the first quarter (July–September) of fiscal year 2025–26 through the New Energy Vehicle (NEV) Adoption Levy, according to official data released by the ministry of finance.
(more…) -
Pakistan collects Rs10 billion in carbon levy for Q1FY26
Islamabad, November 10, 2025 – Pakistan’s federal government has generated over Rs10 billion in revenue under the newly introduced ‘carbon levy’ during the first quarter (July–September) of the fiscal year 2025-26, according to official data released by the Ministry of Finance.
(more…)