Islamabad – In a significant development, the federal government has reached a consensus with the employees’ union of the Utility Stores Corporation (USC) regarding a comprehensive severance package worth Rs28.2 billion.
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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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New petroleum prices in Pakistan effective from September 1, 2025
Islamabad, September 1, 2025 – The Government of Pakistan has announced revised petroleum prices for the next 15 days, starting from midnight on September 1, 2025.
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Pakistan achieves record repayment of domestic debt
Islamabad, August 31, 2025 – In an unprecedented fiscal milestone, the government of Pakistan has made a record repayment of domestic debt, significantly ahead of schedule, signaling a strategic shift toward financial discipline and sustainability.
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NBP reports Rs36 billion income tax disputes with FBR
Karachi, August 30, 2025 – The National Bank of Pakistan (NBP) has disclosed that its ongoing income tax disputes with the Federal Board of Revenue (FBR) have reached an aggregate value of approximately Rs36 billion by the end of the second quarter of 2025.
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Gold prices in Pakistan hit historic high of Rs367,400 per tola
Karachi, August 30, 2025 – Gold prices in Pakistan surged to a record-breaking level on Saturday, reaching an unprecedented Rs367,400 per tola.
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SBP orders banks to track billions in outward remittances
KARACHI, August 29, 2025 – The State Bank of Pakistan (SBP) has instructed all banks to provide detailed data on outward remittances and foreign exchange transactions sent abroad by corporate entities and individual investors.
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FBR collects taxes on holidays ahead of IMF review visit
ISLAMABAD – August 29, 2025 – The Federal Board of Revenue (FBR) has announced that its tax collection offices will remain open on the last two weekly holidays of August 2025, in a move aimed at meeting revenue targets ahead of an upcoming International Monetary Fund (IMF) review mission.
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Finance ministry warns of flood impact on Pakistan economy
Islamabad, August 28, 2025 – Pakistan’s finance ministry has issued a cautionary note, warning that flood-related damages could exert additional fiscal pressures and disrupt essential food supplies in key agricultural zones.
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SBP announces 27% drop in after-tax profit for FY25
Karachi, August 28, 2025 – The State Bank of Pakistan (SBP) has reported a sharp 27% decline in its after-tax profit for the fiscal year 2024-25, reflecting a challenging financial environment.
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FBR, SRB reach accord; SHC closes toll tax case
Karachi, August 28, 2025 – The Sindh High Court (SHC) has finally resolved the long-standing dispute over the levy of sales tax on toll manufacturing through a consensus agreement submitted jointly by the Federal Board of Revenue (FBR) and Sindh Revenue Board (SRB).
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