Pakistan Revenue
Islamabad, June 26, 2025 –Through the amended Finance Bill, 2025, a jaw-dropping provision has been recommended that would permit an ineligible individual to withdraw up to Rs100 million in cash annually from the banking system.
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Karachi, June 26, 2025 – In a bold and sweeping move aimed at clamping down on tax evasion, the federal government has proposed a major amendment to the Finance Bill 2025, redefining the scope of tax fraud to include any supply of goods made without the issuance of a valid tax invoice.
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Karachi, June 26, 2025 – A storm is brewing in Sindh’s industrial heartland as the SITE Association of Industry (SAI) has raised serious red flags over the provincial government’s dramatic move to hike the minimum wage to an unprecedented Rs42,000.
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Karachi, June 25, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has planned large-scale protest against the controversial arrest powers granted to Federal Board of Revenue (FBR) officials under the Finance Bill, 2025.
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Karachi, June 25, 2025 – The Sindh Assembly has approved the provincial budget for the fiscal year 2025-26, with total spending planned at Rs3.45 trillion.
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Karachi, June 25, 2025 — The Korangi Association of Trade and Industry (KATI) has categorically rejected the Sindh government’s proposal to fix the minimum wage at Rs42,000, calling it economically unfeasible and damaging to the province’s industrial ecosystem.
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Karachi, June 25, 2025 — The State Bank of Pakistan (SBP) has reported a remarkable transformation in Pakistan’s digital payments ecosystem, highlighting robust growth in transaction volumes and user adoption during the third quarter of FY2024–25.
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Karachi, June 25, 2025 — In a seismic shift for Pakistan’s tax culture, voluntary tax payment has exploded by a staggering 55%, signaling a dramatic rise in public trust, financial awareness, and patriotic commitment to national development. This surge isn’t just a number—it marks a powerful move towards a more self-sustaining and transparent economy.
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Islamabad, June 25, 2025 — In response to intense backlash over the expanded powers granted to tax officials in the Finance Bill 2025, the Federal Board of Revenue (FBR) has redrafted key provisions relating to the arrest powers of Inland Revenue officers.
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Karachi, June 24, 2025 – The Pakistan Stock Exchange (PSX) witnessed a powerful rebound on Tuesday, surging 5.23% following the announcement of a ceasefire agreement between Iran and Israel.
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