Karachi, August 18, 2025 – The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) on Monday crossed 148,000 points to reach all-time high level owing to optimism ahead circular debt reforms.
(more…)Author: Shahnawaz Akhter
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PCDMA warns of industrial shutdown amid misuse of DPL rules
Karachi, August 17, 2025 – The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has sounded the alarm over a regulatory dispute that it says could paralyze Pakistan’s industrial supply chain.
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FBR issues tax rate on deemed property income for 2025-26
Islamabad, August 17, 2025 – The Federal Board of Revenue (FBR) has officially released the tax rate applicable to deemed property income for the tax year 2025–26, continuing the government’s policy of discouraging the use of idle assets and broadening the tax base.
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SBP Tells Banks: Terminate Clients on GD Suspicion
Karachi, August 17, 2025 – The State Bank of Pakistan (SBP) has instructed banks to adopt stricter compliance procedures under the Anti-Money Laundering (AML) Act 2010, including the option of terminating customer relationships in cases of repeated suspicious activity.
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LTBA proposes FBR mobile app for biometric verification
Lahore, August 16, 2025 – The Lahore Tax Bar Association (LTBA) has formally urged the Federal Board of Revenue (FBR) to introduce a digital mechanism that would allow taxpayers to complete their biometric verification through a secure mobile application.
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FBR launches major audit drive in real estate sector
Karachi, August 16, 2025 – The Federal Board of Revenue (FBR) has launched an extensive audit initiative targeting the real estate sector in key cities across Pakistan, aiming to curb tax evasion in property transactions.
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2025 Tax Return Filers: Mastering Your Wealth Statement
The clock is ticking for the 2025 return filing season, and thousands of taxpayers are rushing to get their paperwork in order. But here’s a question for you: Do you actually know what a wealth statement is, and why it can make or break your return filing?
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SBP mandates H.S. Codes in all trade-linked transactions
Karachi, August 16, 2025 – The State Bank of Pakistan (SBP) has introduced stricter regulatory measures for the issuance of financial instruments (FIs) in connection with trade transactions, making it mandatory to include Harmonized System (H.S.) Codes and Unit of Measurement (UoM) details.
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Pakistan’s weekly forex reserves remain stable
Karachi, August 15, 2025 – Pakistan’s weekly foreign exchange (forex) reserves remained broadly stable at $19.497 billion, according to the latest data released by the State Bank of Pakistan (SBP) on Friday.
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SRB unveils Sindh’s top 10 tax withholding agents
Karachi, August 15, 2025 – The Sindh Revenue Board (SRB) has released its annual list of the top 10 tax withholding agents for the fiscal year 2023-24, recognizing entities that played a major role in collecting Sindh Sales Tax (SST) on services.
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