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PAA Confirms Airport Operations Amid India-Pakistan Tensions

07-May-2025
The Pakistan Airports Authority (PAA) has confirmed that all airports remain fully operational and the national airspace is secure for civil aviation, despite escalating military tensions with Indiaâ€...
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PAA Confirms Airport Operations Amid India-Pakistan Tensions

SECP Reduces EMR Access Fees to Rs3,000 with Upgrades

06-May-2025
The Securities and Exchange Commission of Pakistan (SECP) has approved a major reduction in access fees for the Electronic Mortgage Register (EMR) and introduced system upgrades, a digitalisation push...
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SECP Reduces EMR Access Fees to Rs3,000 with Upgrades

KIBOR Falls After SBP Cuts Policy Rate to 11 Percent

06-May-2025
Karachi Interbank Offered Rates (KIBOR) have plummeted following the State Bank of Pakistan (SBP)’s unexpected 100 basis point cut to the policy rate, now at 11%, a monetary easing signal with signi...
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KIBOR Falls After SBP Cuts Policy Rate to 11 Percent

CAT Reserves Judgment on ICAP Audit Fee Penalty Case

06-May-2025
The Competition Appellate Tribunal (CAT) has reserved judgment in a decade-long case pitting the Institute of Chartered Accountants of Pakistan (ICAP) against a Rs1 million penalty imposed by the Comp...
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CAT Reserves Judgment on ICAP Audit Fee Penalty Case

PTA Delay Halts Mobile Auction, Threatening Revenue

05-May-2025
The auction of tens of thousands of confiscated mobile phones has been delayed, causing significant revenue loss to the national treasury, a situation with critical tax implications for government rev...
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PTA Delay Halts Mobile Auction, Threatening Revenue

Gwadar Port Revenue Dispute Raises Tax Compliance Concerns

05-May-2025
The Gwadar Port Authority (GPA) has officially notified the Balochistan government that the province receives no revenue share from Gwadar Port operations, despite its strategic significance—a revel...
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Gwadar Port Revenue Dispute Raises Tax Compliance Concerns

CAT Upholds CCP Price-Fixing Ruling Against Dairy Associations

05-May-2025
The Competition Appellate Tribunal (CAT) has upheld the Competition Commission of Pakistan (CCP)’s findings against three Karachi-based dairy farmer associations for price-fixing, a ruling with sign...
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CAT Upholds CCP Price-Fixing Ruling Against Dairy Associations

SBP Reduces Policy Rate to 11 Percent on May 5

05-May-2025
The Monetary Policy Committee (MPC) of the State Bank of Pakistan has slashed the policy rate by 100 basis points to 11 percent on May 5, 2025, marking the fifth consecutive cut since June 2024 from 2...
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SBP Reduces Policy Rate to 11 Percent on May 5

FBR Unveils Comprehensive Tax Audit Initiative

03-May-2025
The Federal Board of Revenue (FBR) is launching a comprehensive audit initiative targeting income and sales taxpayers, a bold move to strengthen tax compliance with far-reaching implications for busin...
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FBR Unveils Comprehensive Tax Audit Initiative

FBR Extends Sales Tax Integration Deadline to June and July 2025

03-May-2025
The Federal Board of Revenue (FBR) has granted a one-month extension for corporate and non-corporate sales tax taxpayers to electronically integrate their systems with the customs computerized platfor...
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FBR Extends Sales Tax Integration Deadline to June and July 2025
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