Author: Shahnawaz Akhter
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SBP flags red alerts in trade-based money laundering
Karachi, August 20, 2025 – The State Bank of Pakistan (SBP) has issued a comprehensive advisory identifying red-flag indicators linked with trade-based money laundering (TBML).
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SBP unveils new financing scheme to empower small farmers
Karachi, August 20, 2025 – The State Bank of Pakistan (SBP) on Wednesday announced a significant new initiative designed to uplift the country’s agricultural sector by launching a financing scheme exclusively for small and marginalized farmers.
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Withholding tax card 2025-26: profit on debt under section 151
Islamabad, August 20, 2025 – The Federal Board of Revenue (FBR) has officially issued the updated Withholding Tax Card for 2025-26, covering a wide range of income sources, including profit on debt under Section 151 of the Income Tax Ordinance, 2001.
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FBR officially notifies updated salary tax card for 2025-26
Karachi, August 20, 2025 – The Federal Board of Revenue (FBR) has officially notified the updated salary tax card for the tax year 2025-26, revising withholding tax slabs for salaried employees.
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FBR forms redressal committee for foreign investors
ISLAMABAD – The Federal Board of Revenue (FBR) has announced the formation of a special committee aimed at addressing tax-related grievances of foreign investors and minimizing communication gaps between businesses and tax authorities.
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SBP reports 27% decline in current account deficit
KARACHI, August 20, 2025 – The State Bank of Pakistan (SBP) has announced that Pakistan’s current account deficit shrank by 27% year-on-year (YoY) in July 2025, reflecting signs of relative improvement at the start of the new fiscal year.
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Pakistan records 7% rise in July FDI
KARACHI – Pakistan has registered a 7% year-on-year (YoY) increase in foreign direct investment (FDI) during July 2025, according to the latest figures released by the State Bank of Pakistan (SBP) on Tuesday.
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Withholding tax card for pension income – tax year 2025-26
Islamabad, August 2025 – The Federal Board of Revenue (FBR) has issued the latest withholding tax card for pension income applicable for the tax year 2025-26.
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What is the New ‘Simplified’ 2025 Tax Return Form?
On August 18, 2025, the Federal Board of Revenue (FBR) issued SRO 1561(I)/2025 to officially notify the new ‘simplified’ return of income form for tax year 2025.
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FBR announces withholding tax rates on imports for 2025-26
Islamabad, August 18, 2025 – The Federal Board of Revenue (FBR) has officially released the updated withholding tax rates applicable on imports for the tax year 2025-26.
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