Pakistan Revenue
Islamabad, December 13, 2025 — Pakistan is grappling with a growing challenge of illicit trade in the tobacco sector, which continues to undermine the national economy and cause heavy losses to the public exchequer. The unchecked movement, storage, and use of non-duty-paid unmanufactured tobacco— the primary raw material for cigarette production— has emerged as a […]
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Updated for Tax Year 2026: Pakistan has strengthened its international tax framework by introducing Controlled Foreign Company (CFC) rules under Section 109A of the Income Tax Ordinance, 2001.
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Karachi, December 13, 2025 – The State Bank of Pakistan (SBP) is expected to maintain its benchmark policy rate at 11% in the upcoming monetary policy review scheduled for December 15, 2025.
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KARACHI, December 12, 2025 — Leading trade and industrial bodies have issued urgent warnings as the nationwide strike by goods transporters enters another day, halting cargo movement across Pakistan and triggering what they describe as an approaching “full-scale economic emergency”.
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Karachi, December 12, 2025 – The Pakistan Stock Exchange (PSX) achieved a new all-time high on Friday, with its benchmark KSE-100 index closing near the 170,000-point mark amid positive investor sentiment and robust trading activity.
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Islamabad, December 12, 2025 – Pakistan has been set 11 new structural benchmarks (SBs) by the International Monetary Fund (IMF) as part of the ongoing Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) programs.
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Islamabad, December 12, 2025 – The Federal Board of Revenue (FBR) has clarified the principles of taxation for permanent establishments (PEs) of non-resident persons operating in Pakistan under Section 105 of the Income Tax Ordinance, 2001 for the tax year 2026.
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Islamabad, December 12, 2025 – The Federal Board of Revenue (FBR) has introduced significant amendments to the Income Tax Rules, 2002, aimed at streamlining the process of recognizing active taxpayers belonging to Azad Jammu and Kashmir (AJK) and Gilgit-Baltistan (GB). The draft amendments were issued through SRO 2423(I)/2025 on December 11, 2025.
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Islamabad, December 12, 2025 – Pakistan has assured the International Monetary Fund (IMF) that it will introduce new tax measures if revenues fall short during the fiscal year 2025–26. The commitment was outlined in the Letter of Intent (LoI) signed by Finance Minister Muhammad Aurangzeb and State Bank of Pakistan Governor Jameel Ahmad, included in […]
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Islamabad, December 11, 2025: The Federal Board of Revenue (FBR) is preparing to launch an extensive training program aimed at equipping its officers with advanced skills in digital tax operations, data analytics, and modern compliance systems.
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