Business
FBR Crackdowns on Doctors & Beauty Salons to Expand Tax Net
The Federal Board of Revenue (FBR) has initiated a strict audit of professionals in a major move to broaden the tax net. The tax collection agency is now scrutinising high-earning individuals and businesses in major cities. Specifically, the FBR is…
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Allied Bank Launches Pakistan’s First Metaverse Banking Experience
2 min read
Allied Bank has officially launched its upgraded and immersive banking experience within the metaverse, marking a bold and futuristic step in Pakistan’s digital banking landscape.…
FBR Explains Rules for Economic Transaction Limits
2 min read
The Federal Board of Revenue has issued detailed rules on FBR economic transaction limits for individuals who fail to declare their income sources or investments…
Pakistan Falls Short on IMF Fiscal Conditions as Provinces Miss Targets
3 min read
Pakistan has fallen short on key IMF fiscal conditions as provincial governments failed to meet cash surplus targets and the FBR missed critical revenue benchmarks…
FBR Sales Tax Deadline for June 2025 Returns Extended Further
2 min read
Pakistan’s apex tax body has further extended the FBR sales tax deadline for June 2025 returns. Taxpayers now have more time to submit returns if…
ECC Okays EV Subsidy, QAU Grant
2 min read
The Economic Coordination Committee (ECC) of the Cabinet, chaired by Finance Minister Muhammad Aurangzeb, approved several key economic measures in its recent meeting. The session,…
Pak Suzuki Rating Upgraded with Stable Outlook
3 min read
The Pakistan Credit Rating Agency (PACRA) has upgraded the Pak Suzuki rating, elevating its long-term rating from AA- to AA and its short-term rating from…
ADB Flags Pakistan Pension Scheme as Major Threat to Public Finances
2 min read
The Asian Development Bank (ADB) has warned that Pakistan’s pension scheme for government employees is creating serious financial pressure. Without a proper funding system, the…
Mandatory FBR E-Invoicing Begins for All Sales Tax Registered Entities
2 min read
The Federal Board of Revenue has made FBR e-invoicing mandatory for all sales tax registered entities. This phased implementation will start on August 1, aiming…
Pakistan Investment Bonds Auction Surpasses Rs300bn Target
2 min read
The latest Pakistan Investment Bonds Auction raised Rs639 billion on Friday, significantly exceeding the Rs300 billion target, as banks aggressively invested in long-term government papers…
Senate Exposes Alleged NHA Road Project Corruption
3 min read
A Senate panel has exposed alarming procurement irregularities, collusive bidding, and conflicts of interest in the ongoing multi-billion rupee NHA road project corruption scandal involving…
Will Lowered U.S. Tariffs Strengthen Pakistan’s Trade and Economy?
6 min read
In a diplomatic win for Pakistan, the United States of America has cut the reciprocal tariff rate on Pakistani goods from 29% to 19% after…
SECP Issues Public Scam Alert on MAG Ventures Investment Scheme
2 min read
The Securities and Exchange Commission of Pakistan (SECP) has issued a public alert warning citizens about an unauthorized investment scheme run under the name “MAG…
Pakistan-Afghanistan Trade Gets Major Lift with New Tax Concessions
2 min read
Pakistan-Afghanistan trade is set to improve as both countries move forward with the implementation of tariff concessions under the newly signed Early Harvest Program. The…
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