Islamabad, August 16, 2023 – The interim government of Pakistan sent shockwaves through the nation on Tuesday night as it unveiled a significant surge in petroleum prices, exacerbating the plight of the already struggling lower-income segments grappling with soaring inflation.
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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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Big Jump: 4.38 Million Pakistani Citizens Join Active Taxpayers List
Islamabad, August 15, 2023 – In Pakistan, there has been a substantial surge in enrollment in the Active Taxpayers List (ATL), with the number of participants reaching 4.38 million.
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Pakistani Rupee Plunges to PKR 291.51 Against Dollar on First Day of Interim Government
Karachi, August 15, 2023 – The Pakistani Rupee (PKR) faced a significant setback on Tuesday as it tumbled to PKR 291.51 against the US Dollar on the inaugural day of the new interim government’s tenure.
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FBR Keeps an Eye on Cash Withdrawals from Banks to Expand Tax Base
Karachi, August 15, 2023 – The Federal Board of Revenue (FBR) has begun monitoring citizens who are withdrawing large amounts of cash from banks, as part of efforts to increase the number of taxpayers in the country.
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Pakistan Celebrates 76th Independence Day with Passion
Karachi, August 14, 2023: Pakistan celebrated its 76th Independence Day with great passion and enthusiasm on Monday. The nation came together to honor the struggles of its forefathers and national heroes in the journey to establish a separate homeland.
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FBR Introduces Mandatory Verification Form for Property Sellers Under Section 7E
Karachi, August 14, 2023 – The Federal Board of Revenue (FBR) has unveiled a significant measure for property transactions, issuing a new verification form under Section 7E of the Income Tax Ordinance, 2001.
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Tenure Extended to Two Years for Office Bearers of Trade Bodies
Islamabad, August 13, 2023 – In a significant move, the government of Pakistan has taken a step to provide stability and continuity in the leadership of trade bodies by extending the tenure of office bearers and members of executive committees.
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Anwaar-ul-Haq Kakar Appointed as Caretaker Prime Minister of Pakistan
Karachi, August 12, 2023 – Anwaar-ul-Haq Kakar has been appointed as the caretaker Prime Minister of Pakistan in the new interim setup, following the dissolution of the National Assembly on August 9, 2023.
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Massive 82% Decline in 1000CC Car Sales Hits Pakistan’s Auto Market
Pakistan’s automotive industry has experienced a significant downturn, with an 82 percent drop in the sales of cars with a 1000CC engine capacity during the period of January to July in 2023.
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Petroleum Price Increase Leads to 31% Rise in Essential Item Costs
Islamabad, August 12, 2023 – The recent rise in petroleum prices has caused the costs of essential items to surge, as reported by the Pakistan Bureau of Statistics (PBS).
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