Pakistan Revenue
Money and banking drive economic activity by facilitating transactions, savings, and investments. Banks manage financial resources, offer credit, and regulate money supply, ensuring stability and growth in Pakistan’s financial sector.
Karachi, June 13, 2025 – In a dramatic and high-stakes development, the Federal Board of Revenue (FBR) has initiated a sweeping investigation into the foreign assets of a former governor of the State Bank of Pakistan (SBP) — a figure who once held one of the most powerful economic positions in the country.
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Karachi, June 12, 2025 – In a major stride towards modernizing Pakistan’s financial ecosystem, the State Bank of Pakistan (SBP) has officially announced the launch of its upgraded Real-Time Gross Settlement (RTGS) and Central Securities Depository (CSD) system, named PRISM+, effective June 16, 2025.
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Karachi, June 12, 2025 – The State Bank of Pakistan (SBP) has confirmed that it will unveil its next monetary policy decision on Monday, June 16, 2025. The Monetary Policy Committee (MPC) of the SBP will convene on the same day to deliberate on the interest rate stance, following which the central bank will issue […]
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Karachi, June 12, 2025 – The Pakistani rupee continued its downward trajectory against the US dollar on Thursday, closing at PKR 282.67 in the interbank market—marking a depreciation of 20 paisas from the previous day’s closing rate of PKR 282.47.
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Karachi, June 11, 2025 – The Pakistani rupee continued its downward trend on Wednesday, closing at PKR 282.47 against the US dollar in the interbank foreign exchange market.
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Karachi, June 11, 2025 – The State Bank of Pakistan (SBP) has reported a substantial increase in remittances, receiving nearly $35 billion during the first eleven months (July to May) of the fiscal year 2024-25. This significant growth highlights the increasing role of overseas Pakistanis in supporting the country’s economy through foreign inflows.
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Karachi, June 11, 2025 – In a move set to impact millions of savers and investors across the country, the government has proposed a notable increase in the tax rate on profit earned from bank deposits under the Finance Bill 2025.
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Karachi, June 10, 2025 – The Pakistani rupee eased marginally against the US dollar on Tuesday, coinciding with the presentation of the federal budget for fiscal year 2025–26.
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Islamabad, June 9, 2025 – The Economic Survey of Pakistan 2024-25 has highlighted that the monetary policy remained adaptive and responsive throughout the fiscal year, maintaining a balance between curbing inflation and fostering economic recovery.
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Islamabad, June 6, 2025 – Pakistan has taken a major step toward regulating digital assets by preparing a draft law that lays the foundation for a comprehensive framework to govern cryptocurrency and virtual assets in the country.
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