Pakistan Revenue
Islamabad, June 27, 2025 – The Federal Board of Revenue (FBR) has issued a new directive significantly altering how the minimum retail price of cement will be determined for sales tax purposes.
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Karachi, June 27, 2025 — The Pakistan Stock Exchange (PSX) witnessed a historic rally on Friday as the benchmark KSE-100 index surged to an all-time high of 124,379 points, driven by strong investor confidence following the successful passage of the Finance Bill, 2025, in the National Assembly.
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Karachi, June 27, 2025 — The State Bank of Pakistan (SBP) has released a comprehensive banking schedule aimed at facilitating the collection of government duties and taxes at the end of the fiscal year 2024–25.
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ISLAMABAD – The World Health Organization (WHO) has issued a stark warning following the Federal Cabinet’s decision to keep Federal Excise Duty (FED) rates on cigarettes unchanged in the 2025–26 federal budget.
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ISLAMABAD – In a landmark fiscal development, lawmakers have officially approved a new income tax structure specifically targeting salaried persons, aimed at creating a more progressive and equitable taxation framework.
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ISLAMABAD – In a sweeping overhaul of the import duty regime, the government has revised Customs laws through amended Finance Bill, 2025 to implement a revised structure of tariff slabs, effective from July 1, 2025. The move is part of a broader tariff rationalization plan aimed at streamlining import costs, encouraging trade, and aligning with […]
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ISLAMABAD – In a significant move to tighten tax compliance, the Federal Board of Revenue (FBR) will now form a dedicated committee to oversee property transactions involving individuals who are not registered under the Sales Tax Act, 1990. This committee will have the authority to recommend whether to impose or lift a bar on the […]
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ISLAMABAD – The Federal Board of Revenue (FBR) has been forcefully restrained from making any arrest in tax fraud cases unless a formal inquiry is completed—marking a major policy shift sparked by fierce public backlash.
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Karachi, June 26, 2025 — Pakistan’s foreign exchange (forex) reserves have witnessed a dramatic plunge of $2.61 billion in just one week, raising fresh concerns over the country’s external financial stability ahead of the fiscal year-end.
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Karachi, June 26, 2025 – In a dramatic shift in policy, the Standing Committee of the National Assembly has recommended that the Federal Board of Revenue (FBR) be granted legal authority to utilize tempered vehicles—those confiscated due to tampered chassis or identification numbers—for official operational purposes.
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