Karachi, July 14, 2025 – In a remarkable show of investor confidence, the Pakistan Stock Exchange (PSX) surpassed the milestone of 136,000 points during midday trading on Monday, marking a historic high for the country’s capital markets.
(more…)Author: Shahnawaz Akhter
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FBR demands property values in 2025 tax returns
ISLAMABAD, July 14, 2025 – Are you among the return filers for tax year 2025? If yes, and you own immovable property, there’s a crucial update you need to know: the Federal Board of Revenue (FBR) now requires you to declare the fair market value of all your properties in your tax return.
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Goods transporters support July 19 strike against tax laws
Karachi, July 13, 2025 — In a dramatic turn of events, goods transporters from every corner of Pakistan have thrown their full weight behind the July 19 strike against the controversial tax laws introduced through the Finance Act, 2025.
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Sales Tax Exemptions on Imports Soar by 74% in FY2025
Karachi, July 13, 2025 – The Federal Board of Revenue (FBR) has revealed a substantial increase in sales tax exemptions on imports, marking a 74% surge during the tax year 2025, as per the recently published Tax Expenditure Report 2025.
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Karachi Property Valuations and New Tax Changes
Karachi, July 13, 2025 – The Karachi real estate sector is once again under the microscope as the Federal Board of Revenue (FBR) rolls out new tax reforms under the Finance Act, 2025, which will affect the property valuations.
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FBR unleashes digital dragnet in tax fraud crackdown
Karachi, July 13, 2025 – In a bold and unprecedented move, the Federal Board of Revenue (FBR) has launched a sweeping digital manhunt, targeting IP addresses used in filing sales tax returns linked to fraudulent and flying invoices. This aggressive crackdown aims to unmask the faceless perpetrators behind massive tax fraud operations that have bled billions from the national treasury.
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FBR harassing exporters on tax fraud allegations: FTO
Karachi, July 12, 2025 — The Federal Tax Ombudsman (FTO) has strongly criticized the Federal Board of Revenue (FBR) for harassing exporters by arbitrarily blocking or suspending their Sales Tax Registration Numbers (STRNs) on unproven allegations of tax fraud — in direct violation of superior court rulings.
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Ready to File Your 2025 Tax Return? Start by Registering with FBR
Karachi, July 12, 2025 — Planning to file your income tax return for 2025? The Federal Board of Revenue (FBR) wants you to know that the first and most crucial step in the return filing process is registration.
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Return filing 2025 now mandatory for income above Rs300,000
Islamabad, July 12, 2025 — Are you running a business and your annual income exceeds Rs300,000? If yes, then get ready — return filing for Tax Year 2025 is no longer optional. Mark your calendar: September 30, 2025, is the deadline for submitting your income tax return to the Federal Board of Revenue (FBR).
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FBR tightens oversight on terminal operators
Karachi, July 11, 2025 – In a move to enhance transparency and strengthen regulatory oversight, the Federal Board of Revenue (FBR) has launched a comprehensive monitoring framework for terminal operators operating at sea ports, off-dock terminals, dry ports, and land border stations.
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