Islamabad, May 14, 2024: The Federal Cabinet, under the leadership of Prime Minister Muhammad Shehbaz Sharif, has given its seal of approval to the Appellate Tribunals Inland Revenue (ATIR) (Conditions of Service) Rules 2024.
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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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CDNS Reduces Interest Rates on Key Savings Schemes
Islamabad, May 14, 2024 – The Central Directorate of National Savings (CDNS) has implemented adjustments to the interest rates on several significant savings schemes, with some witnessing reductions while others experience increases.
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KSE-100 Index Achieves New Record High at 74,531 Points
Karachi, May 14, 2024 – The Pakistan Stock Exchange (PSX) witnessed a historic moment on Tuesday as the benchmark KSE-100 index surged to a new record high, reaching an impressive level of 74,531 points.
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SBP Raises Red Flag on FBR’s Impressive Collection Growth
Karachi, May 14, 2024 – The State Bank of Pakistan (SBP) has cast doubt on the celebrated revenue collection growth reported by the Federal Board of Revenue (FBR), especially at a time of soaring inflation and steep rupee depreciation.
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SBP Projections Indicate Missed 2023-24 Fiscal Year Targets
Karachi, May 14, 2024 – The State Bank of Pakistan (SBP) has released projections suggesting that several targets set by the government for the fiscal year 2023-24 are likely to be missed, with notable concerns surrounding GDP growth and fiscal deficit.
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Islamabad High Court Halts Non-Filers’ SIM Blocking
The Islamabad High Court has delivered a significant blow to the federal government by staying the blocking of mobile phone SIMs belonging to non-filers of tax returns.
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Deadline Approaches for Unregistered Prize Bonds in Pakistan
With the expiration date looming, holders of unregistered or bearer prize bonds in Pakistan are urged to take action before the window for redemption or exchange closes next month.
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OICCI Advocates for Regulatory Duties on Used Car Imports
The Overseas Investors Chamber of Commerce and Industry (OICCI) has put forward a proposal urging the reinstatement of regulatory duty (RD) and additional customs duty (ADD) on the import of used cars.
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National Assembly Sets Budget 2024-25 Session for June 6th
As Pakistan’s National Assembly continues its proceedings, plans for the upcoming budget session for the fiscal year 2024-25 are taking shape, with discussions slated to begin on June 6th, 2024.
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Pakistan Witnesses 135% Jump in Car Sales YoY in April 2024
Karachi, May 13, 2024 – Pakistan has experienced a remarkable surge in car sales by an impressive 135 percent year on year (YoY) in April 2024, according to reports released on Monday.
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