Pakistan Revenue
Karachi, May 23, 2025 — The Medium Taxpayers Office (MTO) Karachi held an important awareness session on Friday for members of the Korangi Association of Trade and Industry (KATI), shedding light on the newly introduced automated tax invoicing system powered by Pakistan Revenue Automation Limited (PRAL).
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Karachi, May 23, 2025 – The International Monetary Fund (IMF) has reaffirmed its confidence in economic direction of Pakistan, confirming that the country has successfully met all performance targets under the Extended Fund Facility (EFF) program.
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Karachi, May 23, 2025 – In a move that could dramatically reshape Pakistan’s economic trajectory, the Association of Chartered Certified Accountants (ACCA) Pakistan has launched a groundbreaking Budget Proposal for fiscal year 2025–26.
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Karachi, May 23, 2025 – Foreign investors operating in Pakistan have called on the government to provide tax relief for the beverage industry in the upcoming federal budget for fiscal year 2025-26.
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Karachi, May 23, 2025 – In a significant move to improve tax compliance and strengthen audit operations, the Federal Board of Revenue (FBR) has announced the deployment of approximately 520 third-party auditors across its various regional field formations.
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Karachi, May 23, 2025 – The State Bank of Pakistan (SBP) has officially announced that all banks across the country will remain closed on Wednesday, May 28, 2025, in observance of Youm-e-Takbeer.
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Karachi, May 23, 2025 – In a massive revenue windfall, the Federal Board of Revenue (FBR) has collected a staggering Rs30 billion in withholding tax from electricity consumers in Karachi during the first ten months (July–April) of the current fiscal year 2024–25.
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ISLAMABAD, May 23, 2025 – In a dramatic move to fulfill a major condition of the International Monetary Fund (IMF), Pakistan has passed a game-changing law slapping a 20% levy on all captive power plants—self-generating energy units that operate off the national grid.
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Karachi, May 22, 2025 — Pakistan’s foreign exchange (forex) reserves have witnessed a significant increase, reaching $16.65 billion, fueled by the latest inflows from the International Monetary Fund (IMF).
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Karachi, May 22, 2025 — The Pakistan Stock Exchange (PSX) endured a sharp downturn on Thursday, shedding 778 points amid a steep drop in global oil prices, which rattled investor sentiment and dragged down oil-heavy sectors.
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