Federal Board of Revenue Extends Income Tax Return Filing Deadline to October 31 Amid Industry Pressure
The Federal Board of Revenue has extended the income tax return filing deadline for tax year 2025 to October 31, responding to persistent requests from trade bodies and tax bar associations.
Pakistan’s Foreign Reserves Inch Up to $19.81 Billion Amid Optimism Over IMF Inflows
Pakistan’s foreign exchange reserves increased slightly to $19.81 billion by October 3, 2025, as SBP reserves rose by $20 million. The gain comes ahead of expected IMF inflows, signaling cautious optimism for external sector stability.
PM Shehbaz Welcomes Bloomberg Report Highlighting Sharp Decline in Pakistan’s Default Risk
Prime Minister Shehbaz Sharif lauds Bloomberg’s latest report recognizing Pakistan as the world’s second most improved economy in reducing default risk, attributing the progress to strong governance, fiscal reforms, and renewed investor confidence.
Islamic Finance Forward: NIBAF Concludes Pivotal Professional Development Program in Karachi
NIBAF Pakistan successfully concluded its highly anticipated Islamic Banking Professional Development Program (IBPD-18) in Karachi, empowering financial professionals with critical insights into the evolving landscape of Sharia-compliant banking. This intensive program underscores a significant stride in enhancing specialized expertise within Pakistan’s burgeoning Islamic finance sector.