Pakistan Revenue
Karachi, December 15, 2025 – In an unexpected move, the State Bank of Pakistan (SBP) on Monday announced a 50 basis points cut in its benchmark policy rate, lowering it to 10.5% from 11%. The decision, effective December 16, 2025, came as a surprise to most market analysts who had widely anticipated the rate would […]
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Islamabad, December 15, 2025 — The Federal Board of Revenue (FBR) has initiated the establishment of Digital Enforcement Stations (DES) at key locations across Pakistan as part of the World Bank-financed Pakistan Raises Revenue Project (PRRP).
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Karachi, December 15, 2025 — The All Pakistan Customs Agents Association (APCAA) on Monday welcomed the government’s decision to allow post-payment of customs duty and taxes for pre-arrival filing of Goods Declarations (GD), calling it a major reform aimed at improving Pakistan’s import clearance system.
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Karachi, December 14, 2025 – The International Monetary Fund (IMF) has intensified oversight of Pakistan’s foreign exchange market by instructing the State Bank of Pakistan (SBP) to provide daily reports of FX market activity.
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Islamabad, December 14, 2025 — The International Monetary Fund (IMF) has directed Pakistan’s Federal Board of Revenue (FBR) to submit detailed monthly reports on new taxpayers added to the tax net, strengthening oversight under the ongoing IMF-supported economic program.
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If you have concealed income, underreported earnings, or forgotten to declare certain assets, Tax Year 2026 could bring serious consequences. The Federal Board of Revenue (FBR) has tightened enforcement under the updated Income Tax Ordinance, 2001, keeping Section 111 (Unexplained Income or Assets) fully applicable.
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The Federal Board of Revenue (FBR) has announced a new tax credit facility for textile spinning units to offset expenses incurred on the installation of video analytics systems, aimed at reducing costs for the sector while ensuring electronic monitoring of production.
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The Senate has initiated a formal inquiry into alleged corruption within the Federal Board of Revenue (FBR), directing the tax authority to submit comprehensive details of complaints received against its officials since July 2023.
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Karachi, December 13, 2025 — Pakistan Customs, in coordination with the Pakistan Navy and the Pakistan Maritime Security Agency (PMSA), has thwarted a major smuggling operation near Gadani, Balochistan, resulting in the confiscation of contraband valued at approximately $132 million, equivalent to around Rs37 billion in the international market.
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Karachi, December 13, 2025 — The Rice Exporters Association of Pakistan (REAP) has raised serious concerns over substantial losses to the country’s rice exports as the ongoing transporters’ strike continues to paralyze cargo movement nationwide.
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