Pakistan Revenue
Islamabad, June 2, 2025 – The legitimacy of the recently established Pakistan Crypto Council came under scrutiny during a meeting of the Senate Standing Committee on Information Technology, as several lawmakers expressed reservations about the Council’s legal standing and procedural transparency.
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Islamabad, June 2, 2025 – The federal government of Pakistan has officially announced the Eid-ul-Adha holidays, confirming a four-day break for citizens across the country.
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Islamabad, June 2, 2025 – The Pakistan Meteorological Department (PMD) has issued a comprehensive weather advisory ahead of Eid-ul-Adha, warning of intense hot and dry weather across the plains, along with scattered duststorms and thunderstorms in northern and upper regions of the country.
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Islamabad, June 2, 2025 – Prime Minister Shehbaz Sharif expressed deep satisfaction on Monday regarding the impressive progress and performance of the faceless customs assessment system, describing it as a significant step toward transparency and efficiency in Pakistan’s revenue operations.
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Islamabad, June 2, 2025 – The Pakistan Meteorological Department (PMD) has forecast a possible thunderstorm in Islamabad on Tuesday, June 3, bringing a slight break from the persistent hot and dry weather conditions.
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The Federal Board of Revenue (FBR) is considering a proposal to increase tax rates on profit earned from bank deposits in the upcoming federal budget for 2025-26.
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President Asif Ali Zardari and Prime Minister Shehbaz Sharif convened a high-level meeting on Sunday at the Governor’s House in Lahore, where the focus remained firmly on ensuring meaningful relief for the common man in the upcoming budget for the fiscal year 2025–26.
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The International Monetary Fund (IMF) has asked the Federal Board of Revenue (FBR) to submit alternate taxation proposals if the government proceeds with its planned tax relief for the salaried class in the upcoming federal budget for 2025–26.
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Karachi, June 1, 2025 – The Sindh government has firmly opposed the latest demand by the International Monetary Fund (IMF) to impose more taxes on the agricultural sector, warning that such measures could severely harm farmers and threaten the country’s food security.
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Lahore, June 1, 2025 – The Lahore High Court has issued a detailed judgment clarifying the legal process regarding the recovery of tax arrears and the initiation of criminal proceedings against taxpayers.
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