If you act as a withholding agent—collecting or deducting tax on behalf of the Federal Board of Revenue (FBR)—it is crucial to understand your legal responsibilities and potential consequences under Section 161 of the Income Tax Ordinance, 2001 for tax year 2026.
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How to Get an Income Tax Exemption Certificate from FBR – Tax Year 2026
Are you eligible for tax exemptions, lower tax rates, or tax credits in Pakistan? The Federal Board of Revenue (FBR) has streamlined the procedure for issuance of exemption or lower rate certificates during tax year 2026. Understanding the process can save time and ensure compliance.
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Know Your Tax Deduction on Prize Winnings in Pakistan – Tax Year 2026
Did you know that tax is deducted at source when you win prizes, lotteries, raffle draws, or prize bonds in Pakistan? The Federal Board of Revenue (FBR) has clarified the rules for tax year 2026, making it important for all prize winners to understand their obligations under the Income Tax Ordinance, 2001.
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Analysts see KSE-100 Index reaching 208,000 points within a year
Karachi, December 27, 2025 – Analysts at Arif Habib Limited (AHL) have projected a strong but measured outlook for Pakistan’s equity market, forecasting that the benchmark KSE-100 Index could reach 208,000 points by December 2026. The optimistic projection is anchored in the market’s exceptional performance over the past three years and improving macroeconomic stability.
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Pakistan Weather Update – December 27, 2025
Islamabad, December 27, 2025 – The Pakistan Meteorological Department (PMD) on Saturday issued its latest weather update, outlining the expected conditions across the country for the next 24 hours. The advisory provides guidance for the general public, travelers, and relevant authorities as winter conditions continue to prevail nationwide.
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Daily Shipping Activity at Port Qasim – December 27, 2025
Karachi, December 27, 2025 – The Port Qasim Authority (PQA) has released its daily shipping activity report for Saturday, providing updated information to shipping agents, importers, exporters, and other port stakeholders. The report reflects vessel movements recorded during the past 24 hours and was updated at 8:00 AM to ensure timely and accurate operational data.
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England End 14-Year Ashes Drought With Boxing Day Test Win
England reignited the Ashes and ended a long-standing drought Down Under with a stunning four-wicket victory over Australia in the Boxing Day Test at the Melbourne Cricket Ground (MCG), breathing fresh life into the iconic series. The emphatic win marked England’s first Test success on Australian soil in more than 14 years and significantly altered the momentum heading into the final match.
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Open Market Currency Exchange Rates in Pakistan – December 27, 2025
Karachi, December 27, 2025 – Exchange companies across Pakistan released the latest open market foreign currency exchange rates on Saturday, providing updated figures to assist the general public, travelers, importers, exporters, and investors. These rates reflect prevailing demand and supply conditions in the open market and may vary slightly between cities and exchange dealers.
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Prince Louis steals spotlight with funny reaction to Prince William on Christmas Day
Prince Louis once again delighted royal watchers after a lighthearted moment involving his father, Prince William, went viral on social media following the royal family’s Christmas Day church outing.
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Nicole Kidman spends quiet Christmas with daughters after Keith Urban split
Nicole Kidman marked a deeply personal holiday season this Christmas, celebrating with her daughters for the first time since her separation from husband Keith Urban. The 58-year-old Oscar-winning actress chose a low-key and family-focused celebration as she navigates a new chapter in her life.
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