Karachi, June 18, 2025 – The Sindh government has widened the scope of sales tax by bringing several new services under the tax net for the fiscal year 2025-26.
(more…)Author: Shahnawaz Akhter
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FBR mulls 10% sales tax on solar panels for 2025-26
Islamabad, June 18, 2025 – The Federal Board of Revenue (FBR) is now considering the imposition of a 10% sales tax on imported solar panels in the upcoming fiscal year 2025-26.
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KTBA slams IMF grip on Pakistan in post budget 2025-26 analysis
Karachi, June 17, 2025 – In a hard-hitting critique of prolonged economic dependency of Pakistan, President of the Karachi Tax Bar Association (KTBA), Ali A. Rahim, issued a powerful warning regarding the country’s dangerous over-reliance on the International Monetary Fund (IMF).
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Sindh enhances sales tax on freight services for FY26
Karachi, June 17, 2025 — The Sindh government has proposed several revisions to service descriptions and rates of Sindh Sales Tax (SST) as part of the Finance Bill 2025, including a significant increase in tax on freight services.
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Salient Features of Sindh Finance Bill 2025
Karachi, June 17, 2025 – The Sindh government has officially presented the Sindh Finance Bill 2025, proposing a wide array of structural amendments to the Sindh Sales Tax on Services Act, 2011.
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KSE-100 index falls by 254 points amid geopolitical uncertainty
Karachi, June 17, 2025 — The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) witnessed a notable decline on Tuesday, shedding 254 points as persistent geopolitical uncertainties rattled investor confidence.
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FBR deploys 60 third-party auditors to Pakistan Customs
Karachi, June 17, 2025 – The Federal Board of Revenue (FBR) has taken a significant step toward enhancing transparency and efficiency in trade-related audits by deploying 60 third-party auditors across Pakistan Customs.
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FDI drops to $1.98 billion in 11MFY25: SBP
Karachi, June 17, 2025 — The State Bank of Pakistan (SBP) has reported a decline in Foreign Direct Investment (FDI) during the first 11 months (July–May) of the fiscal year 2024-25.
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FBR issues SOPs for allocation of new cars
Karachi, June 17, 2025 – The Federal Board of Revenue (FBR) has issued a comprehensive set of Standard Operating Procedures (SOPs) to regulate the allocation, utilization, and management of new operational vehicles across its field formations.
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Pakistan records $1.81 billion current account surplus in 11MFY25
Karachi, June 17, 2025 – Pakistan has achieved a notable improvement in its external finances, reporting a current account surplus of $1.81 billion during the first 11 months (July–May) of the current fiscal year 2024–25.
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