Islamabad, September 21, 2025 – The Federal Board of Revenue (FBR) has formally introduced benchmarks for determining income tax exemptions and concessions, aiming to enhance clarity and consistency in the taxation system.
(more…)Category: Top stories
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.
-
Return filing deadline extension not under consideration: FBR
Islamabad, September 20, 2025 – The Federal Board of Revenue (FBR) clarified on Saturday that an extension in the deadline for income tax return filing for Tax Year 2025 is not under consideration at present.
(more…) -
FBR maintains strict penalties for sales tax payment defaults
Karachi, September 19, 2025 – The Federal Board of Revenue (FBR) has reaffirmed its stance on penalizing taxpayers who fail to meet their sales tax obligations for the tax year 2025–26.
(more…) -
KSE-100 Index Rallies on Landmark Saudi Defense Pact
Karachi, September 18, 2025 – The benchmark KSE-100 index surged sharply on Thursday, gaining 1,775 points as investor sentiment turned bullish after the signing of a landmark defense pact between Pakistan and Saudi Arabia. The index closed at 157,953 points, up from the previous day’s level of 156,178 points.
(more…) -
Pakistan, Saudi Arabia seal historic strategic mutual defense pact
RIYADH, September 18, 2025 – In a landmark development, Pakistan and Saudi Arabia on Wednesday signed a Strategic Mutual Defense Agreement, formalizing their commitment to stand shoulder to shoulder in the face of external threats.
(more…) -
SBP directs banks to establish EDI with PSW
Karachi, September 17, 2025 – The State Bank of Pakistan (SBP) has issued a directive making it mandatory for commercial banks to establish Electronic Data Interchange (EDI) with the Pakistan Single Window (PSW).
(more…) -
FBR releases details of sales tax exemptions across sectors
Islamabad, September 17, 2025 – Pakistan’s sales tax expenditure for the fiscal year 2023-24 has been estimated at Rs. 1,237.11 billion, reflecting a notable decline of 18.61% compared to the previous fiscal year, according to data released by Federal Board of Revenue (FBR).
(more…) -
Pakistan’s textile exports jump 10% in 2MFY26
Islamabad, September 17, 2025 – Pakistan’s textile sector has recorded strong growth in the first two months of the current fiscal year 2025-26, showing a 10% rise in overall exports.
(more…) -
Pakistan, Iran ink protocols to expand $10 billion trade
Islamabad, September 16, 2025 – The 22nd Session of the Pakistan-Iran Joint Economic Commission (JEC) concluded in Tehran with the signing of significant protocols aimed at boosting bilateral cooperation and achieving a $10 billion trade target.
(more…) -
Pakistan’s debt-to-GDP ratio falls to 70% in FY25: finance ministry
Islamabad, September 16, 2025 – Pakistan’s Ministry of Finance has reported that the country’s debt sustainability has improved over the last three fiscal years, with the debt-to-GDP ratio declining from 74 percent in Fiscal Year 2022 to 70 percent in Fiscal Year 2025.
(more…)