Despite 5.9 million tax returns filed for the fiscal year 2024-25, 43.3 percent of filers reported zero taxable income. Only… Read More
ABHI, TPL Corp Inject Rs. 2.6 Billion into FINCA Microfinance Bank
ABHI and TPL Corp shareholders have jointly injected Rs. 2.6 billion into FINCA as part of its acquisition, according to… Read More
SBP Likely to Cut Key Policy Rate 7th Consecutive Time in March 2025
The State Bank of Pakistan (SBP) will cut the key interest rate for the 7th and 8th consecutive times in… Read More
Should Filers Boycott Tax Returns From Now on? [Opinion]
Perhaps filers should stop filing their tax returns. Even better, they should stop paying taxes on their taxable income given… Read More
FBR Faces Over Rs. 435 Billion Tax Collection Shortfall in 7 Months of FY25
The Federal Board of Revenue (FBR) is projected to miss its tax collection target by over Rs. 435 billion during… Read More
Digital Currency Could Be Launched in Pakistan: SBP Governor
Digital currency could be launched in Pakistan as the legal tender and the equivalent of banknotes, said Governor State Bank… Read More
Donald Trump Crypto Frenzy Fades Amid Bitcoin Correction Following $250,000 Prediction
Bitcoin’s trading volume surged by 222 percent on Monday to $55.3 billion but the cryptocurrency’s price fell 8.7 percent from… Read More
Peshawar Companies Allegedly Main Culprits in Rs. 106 Billion Solar Panel Import Scam
Senate Sub-Committee on Finance and Revenue convened on Monday to address a corruption scandal involving Rs. 106 billion in transactions… Read More
Foreign Currency Debit Card Launched for Pakistani Freelancers, Exporters
Meezan Bank has launched a Foreign Currency (FCY) Debit Card for exporters and freelancers holding an Exporters’ Special Foreign Currency… Read More
SBP Cuts Key Interest Rate 6th Time in 6 Months
The State Bank of Pakistan (SBP) announced on Monday that it has decreased the interest rate by 100 basis points… Read More
IHC Issues Notice to Famous News Anchor Over Alleged Income Tax Concealment
The Islamabad High Court (IHC) has rejected the legal stance of Appellate Tribunal Inland Revenue (ATIR) and issued notice to… Read More
FBR Defends Buying 1,000+ Honda City Cars for Revenue Officers
The Federal Board of Revenue (FBR) has defended its procurement of 1,010 Honda City cars worth Rs. 6 billion for… Read More
