In January 2025, the Punjab Revenue Authority (PRA) achieved a historic Rs22.21 billion in Punjab Sales Tax collection, representing a 21% year-over-year increase from Rs18.39 billion in January 2024. This achievement marks the highest-ever monthly tax collection for the authority.
So far Read More...
The National Highway Authority (NHA) has officially implemented a new toll collection policy, making M-Tag usage compulsory for all motorway commuters starting February 1, 2025. According to a notification released on January 31, the initiative seeks to transition to a completely digital tolling Read More...
The Sindh Cabinet has approved the Agriculture Income Tax Bill 2025, a move that meets a key requirement set by the International Monetary Fund (IMF). The decision was made during a meeting chaired by Chief Minister Murad Ali Shah, with the new tax law taking effect from January Read More...
Pakistan’s inflation rate dropped to 2.4% year-on-year in January 2025, marking its lowest level in over 9 years, as reported by the Pakistan Bureau of Statistics (PBS). This represents a notable decrease from December 2024, when it stood at 4.1%, continuing the trend of reduced price increases Read More...
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ISLAMABAD: The Directorate General of Customs Valuation in Karachi has established new customs values for Silicon in Primary Form (Emulsion Grade), setting rates between $2.40 and $3.50 per kg for imports from China and other countries.
This update, issued under Ruling 1951 of 2025, Read More...
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) achieved a record number of company registrations in January 2025, with 3,442 new companies incorporated, marking a 39% increase compared to the monthly average of the previous year.
This surge underscores SECP’s ongoing Read More...
ISLAMABAD: The Ministry of Planning, Development, and Special Initiatives has begun the process of formulating the Public Sector Development Programme (PSDP) for 2025-26, along with projections for 2026-27 and 2027-28.
Ministries, divisions, and agencies have been instructed to review and Read More...
In January 2025, the Southern Region of Customs Appraisement collected Rs96.3 billion in customs duties through the Faceless Customs Assessment System (FCAS), marking a 52% increase compared to Rs61.5 billion in January 2024.
This growth underscores the effectiveness of the digital Read More...
The National Highway Authority (NHA) has postponed the bid opening for the Rs85 billion Tranche III of the Central Asia Regional Economic Cooperation (CAREC) corridor project following claims of an unfair evaluation process.
The decision came unexpectedly, leaving representatives from 11 Read More...
The Federal Board of Revenue (FBR) has provisionally collected Rs872 billion in January 2025, falling short of its target of Rs956 billion by Rs84 billion. This shortfall contributes to a cumulative revenue gap of Rs468 billion for the first seven months (July-January) of fiscal year Read More...
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