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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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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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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Pakistan grants Rs61b in tax exemptions under trade agreements
Karachi, October 6, 2025 – Pakistan has provided a substantial tax exemption of Rs61 billion during the tax year 2023–24 under various Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs), according to the Tax Expenditure Report 2025 issued by the Federal Board of Revenue (FBR).
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Pakistan, Malaysia sign six accords to deepen bilateral ties
Kuala Lumpur, October 6, 2025 – Pakistan and Malaysia on Monday took a major step toward expanding bilateral relations by signing six key accords aimed at enhancing cooperation in diverse sectors, including education, tourism, Halal certification, anti-corruption efforts, and the development of small and medium enterprises (SMEs).
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