Pakistan Revenue
Karachi, July 31, 2024 – Pakistan has introduced stricter tax rules for non-residents with substantial business activities within the country. This initiative, driven by the Federal Board of Revenue (FBR), aims to capture a larger share of revenue from global entities benefiting from the Pakistani market.
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Karachi, July 23, 2024 – The Sindh Revenue Board (SRB) has notified new sales tax rates for services related to immovable property for the tax year 2024-25.
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Karachi, July 3, 2024 – In a significant move to boost regional trade and connectivity, Prime Minister Muhammad Shehbaz Sharif extended an invitation to Tajikistan to utilize Karachi Port for transit trade.
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Pakistan’s upcoming budget for the 2024-25 fiscal year is shaping up to be a challenging one, with analysts at Insight Research predicting a focus on long-term reforms over populist measures.
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The latest prices for gold and silver in Pakistan, as of 9:00 AM on May 26, 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
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Karachi, April 25, 2024 – In a recent move to widen the tax base, the Federal Board of Revenue (FBR) has been advised to increase the tax rates for residential electricity consumers not listed on the Active Taxpayers List (ATL).
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