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Author: Shahnawaz Akhter

Tax Return Filing

Finally! FBR issues finalized 2025 tax return forms

August 18, 2025August 18, 2025Shahnawaz Akhter

Islamabad, August 18, 2025 – The wait is over! The Federal Board of Revenue (FBR) has officially released the finalized tax return forms for the tax year 2025, putting an end to weeks of speculation among taxpayers.

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Pakistan Stocks - APP

KSE-100 Index soars past 148K on circular debt hope

August 18, 2025August 18, 2025Shahnawaz Akhter

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.

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trade and idustries in world

PCDMA warns of industrial shutdown amid misuse of DPL rules

August 17, 2025August 17, 2025Shahnawaz Akhter

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 White

FBR issues tax rate on deemed property income for 2025-26

August 17, 2025August 17, 2025Shahnawaz Akhter

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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state bank of pakistan 03

SBP Tells Banks: Terminate Clients on GD Suspicion

August 17, 2025August 17, 2025Shahnawaz Akhter

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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FBR launches IRIS 2.0

LTBA proposes FBR mobile app for biometric verification

August 16, 2025August 16, 2025Shahnawaz Akhter

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 Pakistan Karachi

FBR launches major audit drive in real estate sector

August 16, 2025August 16, 2025Shahnawaz Akhter

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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Income Tax Return FBR

2025 Tax Return Filers: Mastering Your Wealth Statement

August 16, 2025August 16, 2025Shahnawaz Akhter

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

August 16, 2025August 16, 2025Shahnawaz Akhter

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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foreign exchange

Pakistan’s weekly forex reserves remain stable

August 15, 2025August 15, 2025Shahnawaz Akhter

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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