Islamabad, October 9, 2025 – The National Electric Power Regulatory Authority (NEPRA) has imposed a penalty of Rs25 million on K-Electric for its failure to promptly restore electricity following the nationwide power breakdown on January 23, 2023, which left the country in darkness for nearly 20 hours.
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Find top stories in this section. Pakistan Revenue brings you the latest and most important news from Pakistan and around the world, keeping you informed with key updates and insights.
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Withholding tax on electricity generates Rs146b for FBR in FY25
Islamabad, October 9, 2025 – The Federal Board of Revenue (FBR) has reported a significant rise in revenue from withholding tax on electricity, collecting Rs146 billion during fiscal year 2024–25.
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Pakistan, Saudi Arabia sign landmark MoU on asset recovery
Jeddah, October 9, 2025 – In a significant step toward enhancing regional transparency and accountability, Pakistan and the Kingdom of Saudi Arabia have signed a landmark memorandum of understanding (MoU) to strengthen cooperation in combating corruption, money laundering, and the recovery of stolen assets.
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KSE-100 index falls 4th day as PSX faces unseen fears
Karachi, October 9, 2025 – The Pakistan Stock Exchange (PSX) faced another day of turbulence as the benchmark KSE-100 index extended losses for the fourth straight session on Thursday. Investors remain on edge amid rising uncertainties, sending shockwaves across the market.
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IMF expresses sympathy for Pakistan’s floods victims
Islamabad, October 9, 2025 – The International Monetary Fund (IMF) has expressed deep sympathy for the victims of the devastating floods that recently struck parts of Pakistan, causing widespread damage and displacement.
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PM Shehbaz highlights brotherhood in Pakistan–Saudi defence ties
Islamabad, October 8, 2025 — Prime Minister Muhammad Shehbaz Sharif on Wednesday reaffirmed that the Pakistan–Saudi Arabia defence cooperation agreement reflects the unbreakable bond of brotherhood, mutual respect, and strategic trust between the two nations.
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Pakistan gold hits historic Rs425K per tola
Karachi, October 8, 2025 — The gold market in Pakistan witnessed a historic milestone on Wednesday, as prices soared past Rs425,000 per tola for the first time.
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FBR reports 19% rise in tax collected from weddings
Karachi, October 8, 2025 — The Federal Board of Revenue (FBR) has announced a significant 19% increase in the collection of withholding tax on weddings during the fiscal year 2024–25, highlighting improved compliance and growing formalization in the event management sector.
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Pakistan may end car import baggage, gift schemes
Islamabad, October 8, 2025 — Pakistan is expected to abolish the car import schemes that allow vehicles to enter the country under the baggage and gift programs, both of which provide duty and tax exemptions.
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Saudi business delegation arrives in Pakistan to boost trade ties
Islamabad, October 7, 2025 – A high-profile business delegation from Saudi Arabia, headed by Prince Mansour bin Mohammad Al Saud, Chairman of the Saudi-Pakistan Joint Business Council, arrived in Islamabad to strengthen bilateral trade and investment relations between the two nations.
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