The US sanctions on Iran have had a devastating impact on Pakistani exports to the neighboring country, with exports dwindling to a mere $20,000 in the last fiscal year. This significant decline is largely attributed to the unavailability of banking channels, which has posed a major hurdle for Read More...
The State Bank of Pakistan’s Monetary Policy Committee (MPC) will convene on Monday, January 27, 2025, to deliberate on the country’s monetary policy. The central bank confirmed that SBP Governor Jameel Ahmad will announce the committee’s decision in a press conference following the Read More...
The Economic Coordination Committee (ECC) has approved a change in the timeline for annual electricity tariff rebasing, setting January as the adjustment month starting in 2025. The decision, made during a meeting chaired by Finance Minister Senator Muhammad Aurangzeb, aims to address consumer Read More...
The Pakistan Tax Bar Association (PTBA) has urged the Federal Board of Revenue (FBR) to establish a dedicated tax office in Gwadar. The move is deemed essential to address rising economic activity and compliance challenges faced by local taxpayers in Gwadar, Turbat, and nearby regions. In a Read More...
The Federal Board of Revenue (FBR) has been urged to make a definitive and clear decision by explicitly stating in the law that the tax rebate for full-time teachers was valid until the tax year 2024.
The Federal Tax Ombudsman (FTO) issued these directives to the FBR after receiving Read More...
The Customs Appellate Tribunal has rejected an appeal filed by the Collectorate, affirming the decision of the Collector Adjudication to release a confiscated vehicle upon payment of a redemption fine and penalty.
The case originated when Customs officials, during a routine road check, Read More...
Exchange companies have contributed 4 billion dollars to Pakistan remittance inflows during the first half of the ongoing fiscal year FY25. Of this, 2 billion dollars were sold to banks, while another 2 billion dollars were used in the open market.
The crackdown on unauthorized currency Read More...
Pakistan IT sector recorded the highest monthly exports ever at 348 million dollars in December 2024. This reflects a 15 percent increase compared to December of the previous year according to data from Topline Pakistan Research.
Exports from the IT sector also rose by 12 percent compared Read More...
Saudi Arabia Mining Minister Bandar Alkhorayef has announced that Manara Minerals is considering an investment in Pakistan Reko Diq mine. The Saudi Development Fund (SDF) may contribute over 100 million dollars to improve Pakistan mining infrastructure.
Alkhorayef highlighted the Read More...
The State Bank of Pakistan raised Rs384.7 billion in its latest Pakistan Investment Bonds auction held on January 15, 2025, surpassing the target of Rs350 billion.
Investor participation was strong, with total bids reaching Rs1,568 billion. Despite high demand, cut-off yields across Read More...
This website has been developed with good faith to create facilities for the people.Your ID Password and access to our website is for a specific period or temporary, it may be suspended at any time without telling any reason.Your ID Password or access does not create any your rights or liability onto owner of the website.
Office # 3-6, Ground Floor Idrees Chamber ,Talpur Road Karachi
info@taxhelplines.com.pk
+ 92 314-4062161
021-32462161
+ 92 305-2561915