Karachi, May 19, 2025 – The repatriation of profit and dividends by foreign investors from Pakistan surged by an impressive 108% during the first ten months (July–April) of the fiscal year 2024–25, according to the latest data released by the State Bank of Pakistan (SBP) on Monday.
(more…)Author: Shahnawaz Akhter
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LTO Karachi signals possible salary tax relief in budget 2025–26
Karachi, May 19, 2025 – The Large Taxpayers Office (LTO) Karachi has indicated that the salaried class may receive some much-needed relief in the forthcoming federal budget 2025–26.
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KSE-100 index closes slightly higher amid consolidation phase
Karachi, May 19, 2025 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) closed with a modest gain of 40 points on Monday, as the market continued to hover around its record highs in what analysts described as a consolidation phase.
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SBP raises MCR for microfinance banks to Rs2 billion
Karachi, May 19, 2025 – The State Bank of Pakistan (SBP) has announced a significant policy revision by increasing the Minimum Capital Requirement (MCR) for microfinance banks (MFBs) to Rs2 billion.
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Pakistan, IMF agree: No ban on commercial import of used vehicles
Karachi, May 19, 2025 – In a major policy shift aligned with International Monetary Fund (IMF) reforms, Pakistan is set to fully lift the ban on the commercial import of used vehicles.
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Government to increase captive power transition levy to 20%
The government of Pakistan has announced plans to increase the Captive Power Transition Levy (CPL) to 20% by August 2026, according to an official document.
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Tajir Dost Scheme ends in failure, confirms IMF
The Federal Board of Revenue’s (FBR) much-hyped Tajir Dost Scheme — an initiative designed to bring retailers and traders into the formal tax net — has officially ended in failure, according to the latest International Monetary Fund (IMF) country report on Pakistan, released on May 17, 2025.
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FBR targets high-risk taxpayers in real estate and retailers
Islamabad, May 18, 2025 – The Federal Board of Revenue (FBR) has intensified its efforts to crack down on high-risk taxpayers, particularly within Pakistan’s booming real estate and retail sectors.
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FPCCI rejects Tax Laws (Amendment) Ordinance, 2025
Karachi, May 18, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has categorically rejected the recently issued Tax Laws (Amendment) Ordinance, 2025, calling it a major setback for the economy and a threat to investor confidence.
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Pakistan to phase out additional duties and taxes for auto sector
Islamabad, May 18, 2025 — In a major policy shift aimed at liberalizing trade and boosting industrial efficiency, Pakistan has announced plans to phase out additional duties and taxes on raw materials used in the auto sector.
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