Karachi, January 29, 2024 – In a move aligning with global trends, the State Bank of Pakistan (SBP) has decided to introduce a new series of currency notes, boasting enhanced security features.
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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 Maintains Policy Rate at 22% for Fifth Consecutive Time
Karachi, January 29, 2024 – In a highly anticipated decision, the State Bank of Pakistan (SBP) announced on Monday that it will keep the benchmark policy rate unchanged at 22 percent.
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Pakistan Achieves New Record of 5.6 Million Active Taxpayers
Karachi, January 29, 2024 – In a milestone for fiscal governance, official data released on Monday revealed that the number of active taxpayers in Pakistan has soared to a new high of 5.6 million, as per the updated weekly Active Taxpayers List (ATL) for tax year 2022.
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Honda Pakistan Anticipates Car Industry Challenges in 2024
Karachi, January 29, 2024 – Honda Atlas Cars (Pakistan) Limited has released its report projecting 2024 as another challenging year for the country’s automotive industry.
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FBR and FMU Workshop on Combating Tax Evasion
Islamabad, January 29, 2024 – In a significant step towards strengthening the fight against tax evasion, the Federal Board of Revenue (FBR) and the Financial Monitoring Unit (FMU) joined forces to organize a two-day workshop on financial intelligence.
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Tax Year 2024 Return Forms Set for Release by January 31
Karachi, January 28, 2024 – The Federal Board of Revenue (FBR) is mandated by income tax laws to release the final return forms for Tax Year 2024 by January 31, 2024.
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PTBA Warns FBR Against Abuse of Assessment Powers
Karachi, January 27, 2024 – The Pakistan Tax Bar Association (PTBA) has issued a stern warning to the Federal Board of Revenue (FBR) concerning the alleged abuse of assessment powers by tax authorities.
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Pakistan Unveils 2024 Tax Rates for Prepaid Card Remittances
In a move to streamline and regulate the process of money remittance through prepaid cards, Pakistan has unveiled the tax rates for 2024.
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Foreign Profit Repatriation Surges 161% Before Pakistan Elections
Karachi, January 27, 2024 – In a startling revelation, official data released by the State Bank of Pakistan (SBP) on Friday disclosed a staggering 161 percent surge in foreign profit and dividend repatriation from Pakistan in the first half of the fiscal year 2023-24.
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Pakistan Reduces Profit Rates on Key Saving Certificates
Karachi, January 26, 2024 – In a move that has financial circles buzzing, the Pakistan has announced a significant reduction in profit rates on key saving certificates, effective from Friday, January 26, 2024.
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