Islamabad, August 28, 2025 – In a significant fiscal move, the Economic Coordination Committee (ECC) of the Cabinet approved a technical supplementary grant of Rs30.216 billion to facilitate the orderly closure of the Utility Stores Corporation (USC) of Pakistan.
(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.
-
PM Shehbaz formally launches NEV Policy 2025-30
Islamabad, August 26, 2025 – Prime Minister Muhammad Shehbaz Sharif on Tuesday formally unveiled Pakistan’s New Energy Vehicle (NEV) Policy 2025-30, marking a significant milestone in the country’s transition toward sustainable transport, industrial modernization, and climate resilience.
(more…) -
Pakistan moves to frame tax policies for cryptocurrencies
Islamabad, August 26, 2025 – In a significant development, Pakistan is preparing to draft comprehensive tax policies to govern gains from trading in cryptocurrencies, marking a major step toward regulating digital assets in the country.
(more…) -
Shehbaz orders transparency, modernization in Pakistan Customs
Islamabad, August 26, 2025 – Prime Minister Muhammad Shehbaz Sharif has directed authorities to enhance transparency and efficiency in the country’s customs inspection and assessment process through the integration of advanced technology and the introduction of a faceless system.
(more…) -
PM Shehbaz unveils 10 million digital wallets for BISP beneficiaries
Islamabad, August 25, 2025 – Prime Minister Shehbaz Sharif has launched a landmark initiative by introducing 10 million digital wallets for BISP (Benazir Income Support Programme) beneficiaries, calling it a major step toward financial inclusion, transparency, and a modern cashless economy.
(more…) -
Pakistan floods, rains claim 788 lives since June 26: NDMA
Islamabad, August 24, 2025 – The National Disaster Management Authority (NDMA) reported that devastating floods triggered by torrential rains have claimed 788 lives across Pakistan since June 26, 2025.
(more…) -
Sindh Government Notifies Agricultural Income Tax Rules, 2025
Karachi, August 24, 2025 – The Government of Sindh has formally introduced the Agricultural Income Tax Rules, 2025, marking a major step toward streamlining the taxation framework for the province’s growing farm economy.
(more…) -
SBP issues checklist to detect inconsistent trade activity
The State Bank of Pakistan (SBP) has introduced a comprehensive checklist aimed at identifying red flags in trade activity to curb the risk of money laundering and other financial crimes.
(more…) -
PM Shehbaz orders intensified relief efforts in Ghizer
Islamabad, August 23, 2025 – Prime Minister Muhammad Shehbaz Sharif on Saturday directed authorities to ramp up relief and rescue operations in the flood-affected region of Ghizer, Gilgit-Baltistan, following the recent Glacial Lake Outburst Flood (GLOF).
(more…) -
FBR to launch wide-ranging tax operations on sugar sector
Islamabad, August 21, 2025 – The Federal Board of Revenue (FBR) has announced a major tax operation targeting Pakistan’s sugar sector, signaling a strong move to address persistent tax gaps and potential evasion in the industry.
(more…)