Islamabad, August 28, 2025 – Pakistan’s finance ministry has issued a cautionary note, warning that flood-related damages could exert additional fiscal pressures and disrupt essential food supplies in key agricultural zones.
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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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SBP announces 27% drop in after-tax profit for FY25
Karachi, August 28, 2025 – The State Bank of Pakistan (SBP) has reported a sharp 27% decline in its after-tax profit for the fiscal year 2024-25, reflecting a challenging financial environment.
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FBR, SRB reach accord; SHC closes toll tax case
Karachi, August 28, 2025 – The Sindh High Court (SHC) has finally resolved the long-standing dispute over the levy of sales tax on toll manufacturing through a consensus agreement submitted jointly by the Federal Board of Revenue (FBR) and Sindh Revenue Board (SRB).
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ECC approves Rs30 billion grant for closure of Utility Stores
Islamabad, August 28, 2025 – In a significant fiscal move, the Economic Coordination Committee (ECC) of the Cabinet approved a technical supplementary grant of Rs30.216 billion to facilitate the orderly closure of the Utility Stores Corporation (USC) of Pakistan.
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PM Shehbaz formally launches NEV Policy 2025-30
Islamabad, August 26, 2025 – Prime Minister Muhammad Shehbaz Sharif on Tuesday formally unveiled Pakistan’s New Energy Vehicle (NEV) Policy 2025-30, marking a significant milestone in the country’s transition toward sustainable transport, industrial modernization, and climate resilience.
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Pakistan moves to frame tax policies for cryptocurrencies
Islamabad, August 26, 2025 – In a significant development, Pakistan is preparing to draft comprehensive tax policies to govern gains from trading in cryptocurrencies, marking a major step toward regulating digital assets in the country.
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Shehbaz orders transparency, modernization in Pakistan Customs
Islamabad, August 26, 2025 – Prime Minister Muhammad Shehbaz Sharif has directed authorities to enhance transparency and efficiency in the country’s customs inspection and assessment process through the integration of advanced technology and the introduction of a faceless system.
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PM Shehbaz unveils 10 million digital wallets for BISP beneficiaries
Islamabad, August 25, 2025 – Prime Minister Shehbaz Sharif has launched a landmark initiative by introducing 10 million digital wallets for BISP (Benazir Income Support Programme) beneficiaries, calling it a major step toward financial inclusion, transparency, and a modern cashless economy.
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Pakistan floods, rains claim 788 lives since June 26: NDMA
Islamabad, August 24, 2025 – The National Disaster Management Authority (NDMA) reported that devastating floods triggered by torrential rains have claimed 788 lives across Pakistan since June 26, 2025.
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Sindh Government Notifies Agricultural Income Tax Rules, 2025
Karachi, August 24, 2025 – The Government of Sindh has formally introduced the Agricultural Income Tax Rules, 2025, marking a major step toward streamlining the taxation framework for the province’s growing farm economy.
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