Government Revises ADR Tax Formula to Strengthen Revenue Collection
The government of Pakistan is poised to revise its formula for taxing banks based on their advance-to-deposit ratio (ADR). This…
TAX NEWS
FBR Retracts Notification on Mobile Phone Restrictions for Travellers
The Federal Board of Revenue (FBR) has recently reversed its earlier notification proposing stringent amendments to the Customs Baggage Rules,…
Banks Disburse Rs2.2 Trillion to Meet ADR Target in FY25
During the first five months of FY25, banks disbursed a significant Rs2.2 trillion to the non-government sector, including the private…
Buying Cars in Pakistan Has Become More Expensive Than Ever, Especially for Non-Taxpayers
The automobile market in Pakistan has witnessed a dramatic surge in prices, making it increasingly challenging for consumers to purchase…
Government Targets Bank Profits from Government Securities
The government of Pakistan has recently decided to introduce alternative fiscal measures to address the taxation of bank profits derived…