FBR Announces Revised Withholding Tax Rates on Rental Income for 2025–26
The Federal Board of Revenue (FBR) has released revised withholding tax rates on rental income for 2025–26. With progressive slabs for individuals and AOPs, and higher flat rates for non-ATL companies, the new policy aims to improve documentation, strengthen revenue collection, and push property owners towards tax compliance.
Pakistan’s Foreign Reserves Edge Higher as SBP Holdings Cross $14 Billion
Pakistan’s foreign exchange reserves rose modestly, with SBP holdings increasing by $13 million to over $14.26 billion in the week ending August 15, 2025. Total reserves reached $19.57 billion, supported by higher commercial bank holdings and steady fiscal inflows.
State Bank of Pakistan to Remain Closed from June 6 to 9 for Eid-ul-Adha Holidays
The State Bank of Pakistan has officially announced closure from June 6 to June 9, 2025, in observance of Eid-ul-Adha public holidays. Financial institutions and stakeholders are advised to plan accordingly during this extended break.