Karachi, December 26, 2025 — Currency exchange companies across Pakistan have released the latest open market foreign exchange rates for Friday, providing updated buying and selling prices for major international currencies against the Pakistani Rupee (PKR).
(more…)Blog
-
Pakistan makes SBP security deposit mandatory for cotton exports
Islamabad, December 26, 2025 — The government of Pakistan has introduced stricter conditions for cotton exports by making it mandatory for exporters to place a security deposit with the State Bank of Pakistan (SBP). The move aims to strengthen contract compliance and ensure timely shipment of cotton exports.
(more…) -
Commerce ministry invites tariff-related budget proposals for FY 2026–27
Islamabad, December 26, 2025 — The Ministry of Commerce has formally invited stakeholders to submit customs and tariff-related budget proposals for the upcoming fiscal year 2026–27, aiming to refine Pakistan’s tariff structure in line with national economic priorities.
(more…) -
Tax Deduction on Export of Services in Pakistan – FBR 2026 Guidelines
Are you engaged in exporting services from Pakistan, including IT and IT-enabled services? Understanding tax obligations on payments received from abroad is crucial for compliance and financial planning. For tax year 2026, the Federal Board of Revenue (FBR) has updated the Income Tax Ordinance, 2001, introducing Section 154A to govern tax deduction on export of services.
(more…) -
Tax Deduction on Exports in Pakistan: FBR Rules for 2026
Are you an exporter in Pakistan? Understanding the tax rules for export proceeds is crucial to remain compliant and optimize your tax planning. For the tax year 2026, the Federal Board of Revenue (FBR) has updated the Income Tax Ordinance, 2001 under Section 154, detailing tax deduction on export proceeds.
(more…) -
Income Tax Deduction on Payments for Goods and Services in Tax Year 2026
Are you engaged in the business of goods, services, or contracts in Pakistan? If yes, understanding your income tax deduction at source obligations for tax year 2026 is critical to avoid penalties and ensure compliance.
(more…) -
Travis Kelce spoils Taylor Swift with luxury gifts ahead of Christmas Ski Getaway
NFL star Travis Kelce is reportedly going all out to surprise fiancée Taylor Swift this holiday season. The Kansas City Chiefs tight end has planned a luxurious Christmas getaway for the couple, complete with a winter ski vacation, and is said to have spent nearly $140,000 on high-end gifts for the pop superstar.
(more…) -
Prince Louis steals the spotlight during Wales family Christmas 2025
Prince Louis emerged as the star of the Royal Family this Christmas, impressing onlookers with his confidence and charm during the family’s annual holiday traditions. The youngest child of Prince William and Princess Kate joined his older siblings for the festive morning walk to St Mary Magdalene Church in Sandringham.
(more…) -
Diddy appeals prison sentence, seeks early release while serving four-year term
Hip-hop icon Diddy, whose real name is Sean Combs, has filed an appeal seeking early release from prison while serving a four-year sentence for prostitution-related charges. The 56-year-old rapper’s legal team argued that the punishment was excessively harsh and that he could no longer endure it.
(more…) -
Molly Mae Hague and Tommy Fury Reunite for Cozy Family Christmas 2025
Reality TV stars Molly Mae Hague and Tommy Fury reunited this Christmas, choosing to spend the festive season together after months apart. The couple, who share their young daughter Bambi, focused on a relaxed and family-centered celebration at their Cheshire home.
(more…)