Pakistan Revenue
Pakistan’s weekly inflation rises sharply year-on-year as fuel, electricity and food prices continue to pressure consumers Pakistan’s weekly inflation, measured through the Pakistan Bureau of Statistics (PBS) Sensitive Price Indicator (SPI), rose 14.47% year-on-year for the week ended May 21, 2026, driven largely by higher energy and food prices.
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IMF inflows lift Pakistan’s reserves to highest level in four years as SBP holdings cross $17 billion Pakistan’s total liquid foreign exchange reserves rose to a four-year high of nearly $22.60 billion, boosted by inflows from the International Monetary Fund, according to data released by the State Bank of Pakistan (SBP) on Thursday.
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FBR orders packaged milk manufacturers to install real-time electronic production monitoring systems by June 30, 2026 The Federal Board of Revenue (FBR) has moved to implement electronic monitoring of packaged milk production in an effort to curb sales tax leakages and strengthen tax compliance in the dairy sector.
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Central bank urges integration of urban agriculture into city planning to counter shrinking farmland and rising climate pressures State Bank of Pakistan has warned that rapid urbanisation, shrinking farmland and rising heat stress are increasing the risk of food insecurity in Pakistan, urging policymakers to integrate urban agriculture into mainstream city planning.
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Shift toward solar energy cited among major reasons behind lower tax collection The Federal Board of Revenue (FBR) recorded a nearly 30% decline in withholding income tax collection through electricity bills from Karachi during the first 10 months of fiscal year 2025–26, according to official sources.
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New SRO introduces stricter disclosure requirements and mandatory registration framework for INGOs The Federal Board of Revenue (FBR) has amended income tax rules to make registration compulsory for International Non-Governmental Organizations (INGOs), tightening compliance requirements under the country’s tax framework.
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Provincial sales tax on services collection rises 28.5% during July-March FY2025-26 Punjab recorded the highest growth in sales tax collection on services among Pakistan’s provinces during the first nine months of fiscal year 2025–26, posting an increase of more than 38%, according to official data released by the finance ministry.
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Digital surveillance system to monitor production lines of milk, steel, oil and ghee manufacturers in real time The Federal Board of Revenue (FBR) has expanded its digital tax monitoring system to production lines of packaged milk, iron and steel, edible oil and ghee manufacturers with immediate effect.
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Pakistan plans fresh revenue measures as FBR faces likely shortfall in FY26 collections Pakistan’s government is expected to introduce around 430 billion rupees in new tax measures in the federal budget for 2026–27 (FY27) as it seeks to strengthen revenues amid pressure from lower-than-targeted collections, according to official documents.
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Government plans tariff reforms, regulatory simplification and corporate law amendments in Budget 2026-27 Pakistan is preparing to introduce a broad policy package aimed at improving the business environment as part of the federal budget for 2026–27, according to official sources. The measures are expected to include further tariff reforms, regulatory simplification, and amendments to corporate […]
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