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Foreign Investors Withdraw $807 Million from Pakistan in 4MFY25

02-Dec-2024
Foreign investors operating in Pakistan repatriated over $807 million under the head of profit and dividends during the first four months (July–October) of the fiscal year 2024-25, according to offici...
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Foreign Investors Withdraw $807 Million from Pakistan in 4MFY25

Pakistan’s Net Forex Reserves Increase by $108 Million

02-Dec-2024
Pakistan’s net foreign exchange (forex) reserves have risen by $108 million for the week ending November 22, 2024, according to the State Bank of Pakistan (SBP) report released on Thursday.The country...
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Pakistan�s Net Forex Reserves Increase by $108 Million

Pakistan’s Headline Inflation Drops to 4.9% in November 2024

02-Dec-2024
Pakistan’s headline inflation, measured through the Consumer Price Index (CPI), eased significantly to 4.9% year-on-year in November 2024, reflecting improved economic stability.
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Pakistan�s Headline Inflation Drops to 4.9% in November 2024

FBR Adds 0.3 Million Active Taxpayers to ATL for 2024 in November

02-Dec-2024
The Federal Board of Revenue (FBR) has added approximately 0.3 million taxpayers to its Active Taxpayers List (ATL) for the tax year 2024 during November. The updated list now reflects 5.64 million ac...
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FBR Adds 0.3 Million Active Taxpayers to ATL for 2024 in November

FBR Amends Rules for Temporary Import of Vehicles

02-Dec-2024
The Federal Board of Revenue (FBR) has introduced significant amendments to the rules governing the temporary import of vehicles by tourists into Pakistan. These changes, formalized through SRO 1965(I...
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FBR Amends Rules for Temporary Import of Vehicles

PSX hits new high as KSE-100 index crosses 102,000 points

02-Dec-2024
The Pakistan Stock Exchange (PSX) achieved another historic milestone as the KSE-100 index surged to a record high of 102,664.34 points, marking an increase of 1,307.02 points, or 1.29%, during today'...
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PSX hits new high as KSE-100 index crosses 102,000 points

Gold prices fall in Pakistan amid global decline

02-Dec-2024
The price of gold in Pakistan fell by Rs1,700 per tola on Monday, following a decrease in international gold rates.The decline was attributed to a drop of $17 in the price of gold per ounce in the glo...
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Gold prices fall in Pakistan amid global decline

FTO Orders FBR to Issue SOPs for Reactivating Blocked SIMs of Taxpayers – Relief on the Way for Non-Filers!

29-Oct-2024
The Federal Tax Ombudsman (FTO) has instructed the Federal Board of Revenue (FBR) to direct Member-IR (Operations) to create a Standard Operating Procedure (SOP) to help non-filers reactivate their bl...
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FTO Orders FBR to Issue SOPs for Reactivating Blocked SIMs of Taxpayers � Relief on the Way for Non-Filers!

FBR Streamlines Customs Operations to Strengthen Anti-Smuggling Efforts

28-Oct-2024
The Federal Board of Revenue (FBR) has refined the roles of the Directorate General of Intelligence and Investigation (Customs) and the newly established Directorate General of Enforcement (Customs) t...
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FBR Streamlines Customs Operations to Strengthen Anti-Smuggling Efforts

Tax on Cab-Aggregator Services

13-Dec-2023
SRB proposes to imposed the Sales Tax on Services on Cab-Aggregator Services (e.g. Uber, Careem or Indrive) and ask for the proposal from All Chambers/Associations/Tax bars.
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Tax on Cab-Aggregator Services
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