Islamabad, July 17, 2025 – The Federal Board of Revenue (FBR) has officially notified the rates for the newly introduced New Energy Vehicles Adoption Levy, enacted under the New Energy Vehicles Adoption Levy Act, 2025.
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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 hits record high of 138,665 points
Karachi, July 17, 2025 – In a historic trading session on Thursday, the KSE-100 index of the Pakistan Stock Exchange (PSX) soared to a record-breaking 138,665 points, marking a powerful comeback for equity markets.
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Federal cabinet approves 15% increase in EOBI pension
Islamabad, July 16, 2025 – The federal cabinet on Wednesday approved a 15% increase in monthly pensions distributed by the Employees’ Old-Age Benefits Institution (EOBI), a move that will directly benefit hundreds of thousands of retired workers across Pakistan.
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PTCL begins pension adjustment after Supreme Court defeat
Karachi, July 16, 2025 – Pakistan Telecommunication Company Limited (PTCL) has initiated the process of adjusting its financial records following a landmark Supreme Court decision that ruled against the company in a pension-related case filed by its retired employees.
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Petroleum prices surge across Pakistan – July 16, 2025
ISLAMABAD – The federal government has announced a substantial increase in petroleum prices across Pakistan, effective from July 16, 2025.
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Bank deposits surge to record Rs35.50 trillion in Pakistan
Karachi, July 15, 2025 – In a dramatic turn for Pakistan’s financial sector, bank deposits have shattered all previous records, surging to an all-time high of Rs35.50 trillion by the close of June 2025.
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Supreme Court Halts Same-Day Tax Recovery Notices
Islamabad, July 15, 2025 – The Supreme Court of Pakistan ruled that notices issued under Section 140 of the Income Tax Ordinance, 2001 cannot demand immediate tax recovery on the same day of issuance. Instead, such notices must specify a future date for compliance, ensuring due process and legal protection.
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Shehbaz orders helpline, AI upgrades to boost tax return filing
Islamabad, July 14, 2025 – Prime Minister Shehbaz Sharif on Monday directed the immediate establishment of a nationwide helpline to assist citizens with return filing for the tax year 2025, aiming to make the process easier, faster, and more inclusive for the general public.
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KSE-100 index hits historic high of 136,503 points amid optimism
Karachi, July 14, 2025 – The KSE-100 index of the Pakistan Stock Exchange (PSX) continued its record-breaking rally on Monday, surging by 2,203 points to close at an all-time high of 136,503 points.
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FBR unleashes digital dragnet in tax fraud crackdown
Karachi, July 13, 2025 – In a bold and unprecedented move, the Federal Board of Revenue (FBR) has launched a sweeping digital manhunt, targeting IP addresses used in filing sales tax returns linked to fraudulent and flying invoices. This aggressive crackdown aims to unmask the faceless perpetrators behind massive tax fraud operations that have bled billions from the national treasury.
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