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The cost of doing business for Pakistan’s e-commerce sector has significantly increased following the imposition of new taxes on courier services under the Finance Act 2025, it was learnt on Wednesday. According to industry stakeholders, logistic service is one of the key expenses the sector has seen increase in, due to 2% withholding tax and […]

ISLAMABAD: To facilitate effective tax collection in the e-commerce sector, the Federal Board of Revenue (FBR) Wednesday implemented a new system where sales tax on digitally ordered goods is withheld at source. This responsibility falls on intermediaries (withholding agent) such as payment intermediaries, courier companies & online marketplaces. This manual is intended for Payment Intermediaries […]

KARACHI: The federal government plans to raise around Rs 5 trillion from the domestic banking sector during the January-March 2026 quarter through the sale of government securities to finance the fiscal deficit, underscoring its continued reliance on local banks to meet funding requirements. The State Bank of Pakistan (SBP) on Friday issued calendars for the […]

KARACHI: The federal government’s total debt stocks rose by Rs641 billion during the first half of this fiscal year (FY26), mainly due to a rise in domestic borrowing, the State Bank of Pakistan (SBP) reported on Wednesday. According to SBP, the overall federal government debt stocks (including domestic and external) stood at Rs78.529 trillion at […]

KARACHI: Chairman of the Exchange Companies Association of Pakistan (ECAP), Malik Muhammad Bostan, has welcomed the Sindh Cabinet’s approval of digital property registration for overseas Pakistanis and the reports regarding the online execution of sale deeds. He stated that this decision will greatly facilitate overseas Pakistanis in registering their properties. Malik Muhammad Bostan said that […]