Islamabad, June 19, 2025 – Pakistan’s textile exports surged to $16.37 billion during the first eleven months (July–May) of the current fiscal year 2024-25, reflecting a significant growth trend, as per the latest data released by the Pakistan Bureau of Statistics (PBS).
(more…)Author: Shahnawaz Akhter
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KPT, KCCI join hands to strengthen trade, maritime investment
Karachi, June 19, 2025 – The Karachi Port Trust (KPT) and the Karachi Chamber of Commerce and Industry (KCCI) have reaffirmed their commitment to closely collaborate in streamlining trade operations and boosting investment in Pakistan’s maritime and business sectors.
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Pakistan pays $15 million for Indian imports amid May tensions
Karachi, June 19, 2025 – Despite heightened geopolitical tensions in May 2025, Pakistan recorded $15.05 million in imports from India, according to data released by the State Bank of Pakistan (SBP). This figure represents a decline from $20 million in April 2025 and $17 million in May 2024.
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Pakistan reenters global market with $1 billion financing deal
Islamabad, June 18, 2025 – In a significant move signaling renewed investor confidence, Pakistan has successfully reentered the international financial markets by securing a $1 billion syndicated financing deal.
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FBR limits transit cargo examination to 5%, issues new SRO
Islamabad, June 18, 2025 – The Federal Board of Revenue (FBR) has issued draft amendments to the Customs Rules, 2001, proposing significant reductions in the scanning and examination of transit trade consignments to facilitate smoother cargo movement and improve trade efficiency.
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Sindh expands sales tax net to new services in FY26
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.
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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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