Islamabad, January 22, 2026 – The National Assembly on Thursday approved the Income Tax Ordinance (Third Amendment) Bill, 2025, a key piece of legislation aimed at improving the Alternative Dispute Resolution (ADR) system for resolving income tax disputes in Pakistan.
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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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PM Shehbaz Sharif highlights Pakistan’s economic turnaround at Davos 2026
DAVOS, January 21, 2026 — Pakistan’s economy is showing clear signs of improvement, with key economic indicators strengthening and growth momentum building, Prime Minister Shehbaz Sharif said on Wednesday at the Pakistan Pavilion during the 56th Annual Meetings of the World Economic Forum in Davos.
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Withholding tax on new cars jumps 51% in 1HFY26: FBR
Islamabad, January 21, 2026 – The Federal Board of Revenue (FBR) has reported a remarkable 51% increase in withholding tax collected from the sale of new cars during the first half of fiscal year 2025-26 (July–December), compared to the same period last year.
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Pakistan gold hits record Rs493,662 per tola amid global rally
Karachi, January 20, 2026 – Gold prices in Pakistan surged to an all-time high on Tuesday, with 24-karat gold reaching Rs493,662 per tola, continuing the upward trend fueled by rising international markets. The surge marks a significant increase in the domestic bullion market as investors closely monitor global price movements.
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FBR reports nearly five-fold surge in capital gains tax amid PSX rally in 1HFY26
Karachi, January 20, 2026 – The Federal Board of Revenue (FBR) has reported an extraordinary rise in Capital Gains Tax (CGT) collection, posting nearly a five-fold increase during the first half (July–December) of the ongoing fiscal year 2025–26, driven by an unprecedented boom in the Pakistan Stock Exchange (PSX).
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Pakistan’s tax giant: LTO Karachi achieves Rs1.70 trillion in half-year
Karachi, January 20, 2026 – The Large Taxpayers Office (LTO) Karachi has surpassed all previous records by collecting an unprecedented Rs1.70 trillion in the first half of fiscal year 2025-26 (July–December), marking a 9% growth over Rs1.56 trillion collected during the same period last year. As the largest revenue-generating arm of the Federal Board of Revenue (FBR), LTO Karachi continues to set benchmarks in tax administration and compliance.
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Pakistan, Saudi Arabia finance ministers discuss deepening economic partnership at Davos
Islamabad, January 19, 2026 – Pakistan’s Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a high-level meeting with Saudi Finance Minister Mohammed Aljadaan on Monday on the sidelines of the World Economic Forum (WEF) Annual Meeting 2026 in Davos, focusing on strengthening bilateral economic cooperation.
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Sindh government announces relief package for Gul Plaza fire victims
Karachi, January 19, 2026 – The Sindh government on Monday announced a monetary relief package for the victims and families affected by the deadly Gul Plaza fire in Karachi, aiming to provide immediate financial support and assist in the rehabilitation of affected traders and businesses.
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Pakistan gold prices hit record high of Rs489,362 per tola
Karachi, January 19, 2026 – Gold prices in Pakistan surged to an all-time high on Monday, reaching Rs489,362 per tola, driven by rising trends in international markets and geopolitical tensions.
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Pakistan’s current account deficit widens to $1.74 billion in 1HFY26: SBP
Karachi, January 19, 2026 – The State Bank of Pakistan (SBP) has reported a sharp increase in the country’s current account deficit, which surged to $1.74 billion during the first half (July–December) of fiscal year 2025-26. This represents a significant shift from a current account surplus of $957 million recorded in the same period last year.
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