Pakistan Revenue
Islamabad, June 10, 2025 – The Federal Board of Revenue (FBR) has released a summary of significant changes to the Federal Excise Act, 2005, introduced through the Finance Bill 2025. These amendments are part of broader fiscal reforms aimed at improving tax compliance, curbing tax evasion, and streamlining enforcement mechanisms.
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Islamabad, June 10, 2025 – As part of the ongoing fiscal reforms, the Federal Board of Revenue (FBR) has unveiled major amendments to the Income Tax Ordinance, 2001 through the Finance Bill 2025.
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Islamabad, June 10, 2025 – The Federal Board of Revenue (FBR) has announced a comprehensive set of amendments to the Sales Tax Act, 1990 under the newly proposed Finance Bill 2025.
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Islamabad, June 10, 2025 – The Federal Board of Revenue (FBR) has unveiled the salient features of the Finance Bill 2025, focusing extensively on reforms and amendments in the Customs sector under the Customs Act, 1969.
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Islamabad, June 10, 2025 – In a pivotal session of the National Assembly on Tuesday, Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, presented the much-anticipated federal budget for the fiscal year 2025–26.
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Karachi, June 10, 2025 – The Karachi Customs Agents Association (KCAA) has issued a strong statement expressing serious concern over the escalating backlog of import containers at the Karachi International Container Terminal (KICT), warning of mounting delays, financial losses, and deteriorating service standards that are hampering trade operations.
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Karachi, June 10, 2025 – The Pakistan Stock Exchange (PSX) has achieved an unprecedented milestone, with its benchmark KSE-100 index reaching an all-time high of 122,024 points on the eve of the federal budget 2024-25 announcement. This remarkable surge reflects a significant uplift in investor confidence and market sentiment.
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ISLAMABAD – Brace yourselves: the Budget 2025-26 is set to be unveiled tonight, and it’s bursting with surprises that could shake the financial foundations of the country. Insiders from the Ministry of Finance hint at a series of dramatic fiscal measures that have been kept tightly under wraps — until now.
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Islamabad, June 10, 2025 – The Federal Board of Revenue (FBR) has granted substantial sales tax exemptions on petroleum products during the fiscal year 2024–25, amounting to a staggering Rs1.80 trillion. This figure marks a sharp increase of 34.23% compared to Rs1.34 trillion in sales tax exemptions recorded during the previous fiscal year, according to […]
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Islamabad, June 9, 2025 – The Economic Survey 2024–25 has spotlighted a sweeping series of reforms undertaken by the Federal Board of Revenue (FBR) to modernize tax collection, enhance digital infrastructure, and crack down on smuggling and evasion.
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