Tax authorities to scrutinise offshore investments, fund transfers, CRS compliance and financial reporting by identified taxpayers and institutions.
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Pakistan increases conveyance allowance by 50% for civil servants from July 2026
Revised conveyance allowance rates for BPS 1-22 employees take effect from July 1, 2026, offering higher monthly transport support.
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FBR requests SBP to extend banking hours for tax collection
Commercial banks directed to remain open late on May 29-30 to facilitate duty and tax payments
The Federal Board of Revenue (FBR) has requested the State Bank of Pakistan (SBP) to extend banking hours on May 29 and 30, 2026 to facilitate the collection of government duties and taxes.
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Check today’s currency exchange rates in Pakistan: February 9, 2026
KARACHI, February 9, 2026 — Exchange companies across Pakistan on Monday released the latest currency exchange rates to facilitate the general public, travelers, and businesses involved in foreign trade.
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Provinces report only 0.9% tax-to-GDP ratio in FY2024-25
Islamabad, August 7, 2025 – The provinces of Pakistan collectively reported a tax-to-GDP ratio of just 0.9% for the fiscal year 2024-25, reflecting modest growth in tax revenue despite a significant increase in the size of the national economy.
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Karachi pays Rs34 billion tax on electricity bills in FY25
Karachi, August 7, 2025 – In a staggering revelation, Karachi’s citizens and business community have coughed up a jaw-dropping Rs34 billion in withholding income tax on electricity bills during the fiscal year 2024–25.
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Price, Specs of Suzuki Every in Pakistan from June 2025
The Suzuki Every is a compact and multifunctional minivan, ideal for both families and businesses. It’s equipped with a 660cc DOHC 12-valve VVT engine paired with a 5-speed manual transmission, making it well-suited for efficient city driving.
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PSX slips 1.17% in a week amid regional tensions
Karachi, May 3, 2025 – The Pakistan Stock Exchange (PSX) faced a challenging week as the benchmark KSE-100 index declined by 1.17% on a weekly basis, mainly due to rising tensions in the region.
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SBP Releases Forex Rates in PKR for March 19, 2025
On March 19, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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Bumrah Shines as India Dominate Australia on Day 1
The first Test between India and Australia kicked off with a dramatic opening day, as India seized control through an exceptional bowling display by Jasprit Bumrah. Despite early setbacks, the visitors ended Day 1 with a commanding position, leaving the hosts in disarray.
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