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FBR Announces Key Amendments to Export Facilitation Scheme (EFS) 2021

11-Feb-2025
The Federal Board of Revenue (FBR) is preparing to introduce significant changes to the Export Facilitation Scheme (EFS) 2021, aimed at preventing revenue losses and tightening oversight on duty-free ...
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FBR Announces Key Amendments to Export Facilitation Scheme (EFS) 2021

Pakistan Strengthens Anti Corruption Measures with Digital Asset Declarations

11-Feb-2025
The government is poised to amend the Civil Servants Act by February's end to fulfill a crucial structural benchmark set by the International Monetary Fund (IMF). This change will require senior gover...
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Pakistan Strengthens Anti Corruption Measures with Digital Asset Declarations

IMF Conducts Governance and Corruption Diagnostic Assessment in Pakistan

10-Feb-2025
A three-member scoping mission from the International Monetary Fund (IMF) is currently visiting Pakistan to conduct the Governance and Corruption Diagnostic Assessment (GCDA). The mission’s main goal ...
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IMF Conducts Governance and Corruption Diagnostic Assessment in Pakistan

FCCI President Calls for Minimum Taxes to Boost Investment and Economic Growth

10-Feb-2025
Rehan Naseem Bharara, President of the Faisalabad Chamber of Commerce & Industry (FCCI), emphasized that minimizing taxes is crucial to attract both local and foreign investments. These investment...
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FCCI President Calls for Minimum Taxes to Boost Investment and Economic Growth

National Assembly Takes Action to Support Cotton Sector and Farmer Interests

10-Feb-2025
The National Assembly Standing Committee on National Food Security and Research has instructed the Federal Board of Revenue (FBR) to consult with the International Monetary Fund (IMF) if the existing ...
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National Assembly Takes Action to Support Cotton Sector and Farmer Interests

Government Slashes Power Tariffs, Major Reforms Set to Save Billions!

10-Feb-2025
The government has announced a reduction in the return on equity (RoE) for state-owned power plants, lowering it to 13% in local currency. Additionally, the US dollar exchange rate for these plants ha...
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Government Slashes Power Tariffs, Major Reforms Set to Save Billions!

SECP Warns Against Fraudulent Real Estate Investment Schemes

08-Feb-2025
The Securities and Exchange Commission of Pakistan (SECP) has once again emphasized that simply registering a company with the regulator does not grant firms the authority to collect public deposits, ...
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SECP Warns Against Fraudulent Real Estate Investment Schemes

Important PTA Advisory, Stay Informed Before Buying Mobile Devices!

08-Feb-2025
The Pakistan Telecommunication Authority (PTA) has urged buyers to double-check the tax status of mobile phones before making a purchase. This is to ensure alignment with Federal Board of Revenue (FBR...
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Important PTA Advisory, Stay Informed Before Buying Mobile Devices!

Pakistan Would not Import Wheat in 2024, Confirms Food Security Secretary

07-Feb-2025
Pakistan will not be importing wheat this year due to sufficient domestic stocks, as confirmed by Waseem Ajmal Chaudhry, Secretary of the Ministry of National Food Security and Research (MNFS&R), ...
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Pakistan Would not Import Wheat in 2024, Confirms Food Security Secretary

Pakistan Customs Agents Threaten Nationwide Shutdown Over Alleged Corruption

07-Feb-2025
The Pakistan Customs Agents Association has issued a stark warning to suspend import and export clearance services across the country within 15 days, citing the alleged "illegal suspension" of 45 agen...
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Pakistan Customs Agents Threaten Nationwide Shutdown Over Alleged Corruption
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