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FBR to Adjust Input Tax Limits from July 1

14-Jul-2025
Islamabad, July 14, 2025, 07:23 PM PKT — The Federal Board of Revenue (FBR) is set to roll out a transformative adjustment of input tax limits for registered taxpayers starting July 1, 2025, leverag...
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FBR to Adjust Input Tax Limits from July 1

FBR Mandates Fair Market Value in Tax Returns

14-Jul-2025
Islamabad, July 14, 2025, 07:04 PM PKT — The Federal Board of Revenue (FBR) has imposed a contentious new mandate in the proposed income tax return form for individuals, effective July 1, 2025, requ...
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FBR Mandates Fair Market Value in Tax Returns

Petrol, Diesel Prices to Rise from July 16, 2025

14-Jul-2025
Islamabad, July 14, 2025, 06:45 PM PKT — Consumers across Pakistan, already reeling from skyrocketing fuel costs, face a looming blow as petrol and high-speed diesel (HSD) prices are set to rise aga...
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Petrol, Diesel Prices to Rise from July 16, 2025

UBL Reports 106% Profit Jump to Rs64.7B in 2025

13-Jul-2025
Karachi, July 13, 2025, 02:29 PM PKT — United Bank Limited (UBL) has delivered a stunning 106% year-on-year profit surge to Rs64.7 billion for the half-year ended June 30, 2025, up from Rs31.4 billi...
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UBL Reports 106% Profit Jump to Rs64.7B in 2025

NJPMC Moves Tax Cases to Division Benches

13-Jul-2025
Islamabad, July 13, 2025, 02:04 PM PKT — In a bold policy shift, the National Judicial (Policy Making) Committee (NJPMC), chaired by Chief Justice of Pakistan Yahya Afridi, has ruled that all consti...
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NJPMC Moves Tax Cases to Division Benches

FBR Mandates Rs200k-500k Deposit for Forwarders

12-Jul-2025
Islamabad, July 12, 2025, 05:25 PM PKT — The Federal Board of Revenue (FBR) has unveiled stringent new licensing requirements for freight forwarders, mandating security deposits of Rs200,000 for sin...
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FBR Mandates Rs200k-500k Deposit for Forwarders

Section 21(s) Faces Flak Over Cash Transaction Rules

12-Jul-2025
Islamabad, July 12, 2025, 05:17 PM PKT — Section 21(s) of the Income Tax Ordinance, 2001, introduced via the Finance Act 2025 and effective July 1, 2025, is facing fierce resistance just eleven days...
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Section 21(s) Faces Flak Over Cash Transaction Rules

PSQCA Approves Reforms for Staff, Trade, Sustainability

12-Jul-2025
Islamabad, July 12, 2025, 04:46 PM PKT — In a landmark high-level meeting, Federal Minister for Science and Technology Khalid Hussain Magsi chaired the 35th PSQCA Board of Directors session, approvi...
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PSQCA Approves Reforms for Staff, Trade, Sustainability

Finance Division Outlines FY25-26 Budget Fund Strategy

11-Jul-2025
Islamabad, July 11, 2025, 05:59 PM PKT — The Finance Division has unveiled a stringent strategy for disbursing development and recurrent budget funds for FY 2025-26, with all releases tied to fiscal...
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Finance Division Outlines FY25-26 Budget Fund Strategy

Banks See 14% Profit Drop in 2Q2025 Amid Challenges

11-Jul-2025
Islamabad, July 11, 2025, 05:49 PM PKT — Pakistan’s banking sector braces for a modest 2QCY25 performance, with major banks facing a 1% year-on-year (YoY) profitability decline and a staggering 14...
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Banks See 14% Profit Drop in 2Q2025 Amid Challenges
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