Islamabad, July 17, 2025 – In a move aimed at stabilizing market prices and providing relief to consumers, the federal government has fixed the maximum retail price of sugar at Rs175 per kilogram.
(more…)Blog
-
Sindh mandates tax invoices for property rent services
Karachi, July 17, 2025 – The Sindh government has made it mandatory for individuals and entities providing or rendering renting of immovable property services to issue tax invoices.
(more…) -
SRB expands scope of services for quarterly tax return filing
Karachi, July 16, 2025 – The Sindh Revenue Board (SRB) has announced an expansion in the scope of services subject to quarterly return filing under the Sindh Sales Tax regime.
(more…) -
Bangladesh crush Sri Lanka to clinch historic T20I series win
Colombo, July 16, 2025 – Bangladesh delivered a commanding performance on Wednesday to crush Sri Lanka by eight wickets in the third and final T20I at R. Premadasa Stadium, securing the T20I series 2-1.
(more…) -
LTBA seeks return filing deadline extension over login obstacles
Lahore, July 16, 2025 — The Lahore Tax Bar Association (LTBA) has officially called upon the Federal Board of Revenue (FBR) to extend the filing deadline for monthly sales tax returns, citing widespread login and technical disruptions on the IRIS portal.
(more…) -
ICMAP advocates increasing climate support levy to Rs10
Karachi, July 16, 2025 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has put forth a comprehensive proposal to the government, urging a significant increase in the climate support levy to Rs10 per liter over the next five years.
(more…) -
Utility Stores closure confirmed, VSS scheme approved
Islamabad, July 16, 2025 – The federal government has officially introduced a Voluntary Separation Scheme (VSS) for the employees of Utility Stores Corporation (USC) ahead of the entity’s scheduled shutdown on July 31, 2025.
(more…) -
Federal cabinet approves 15% increase in EOBI pension
Islamabad, July 16, 2025 – The federal cabinet on Wednesday approved a 15% increase in monthly pensions distributed by the Employees’ Old-Age Benefits Institution (EOBI), a move that will directly benefit hundreds of thousands of retired workers across Pakistan.
(more…) -
KSE-100 index rises by 440 points amid active trading
Karachi, July 16, 2025 – The KSE-100 index, the benchmark of the Pakistan Stock Exchange (PSX), posted a strong performance on Wednesday by gaining 440 points, reflecting investor confidence and selective buying across key sectors.
(more…) -
Honda Atlas Dismisses Immediate Launch of Dual Hybrid Vehicles
Honda Atlas Cars (Pakistan) Limited (HCAR) has clarified that it currently has no fixed plans to introduce dual hybrid technology vehicles (DHTBs) in the Pakistani market.
(more…)