The Pakistan Bureau of Statistics (PBS) has emanated an export data report that covers a period from July-March 2022-23, disclosing a rise in exports in term of rupee but a decline in term of dollar. The decline in exports in…

Pakistan’s economic outlook for the current fiscal year is weakened, with various challenges affecting its growth potential. The country’s exports have seen a decline of 9% year-on-year, and the Purchasing Managers’ Index has remained in contractionary territory. The floods between…

The three SROs discussed in the tax bulletin are related to the Income Tax Ordinance, 2001 in Pakistan. The first SRO, SRO 213(I)/2023, dated February 22, 2023, provides an exemption to non-resident banking companies from paying tax on profit earned…