Islamabad, May 9, 2025 – Prime Minister Shehbaz Sharif on Friday confirmed that the International Monetary Fund (IMF) has approved a $1 billion tranche for Pakistan, marking a key milestone in the country’s efforts to stabilize its economy and restore investor confidence.
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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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FBR strikes legal gold, recovers Rs36 billion fast
Islamabad, May 9, 2025 – The Federal Board of Revenue (FBR) has significantly strengthened its litigation management framework, marking notable progress in the resolution of long-pending revenue disputes.
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PM Shehbaz vows major relief for citizens in budget 2025-26
Islamabad, May 9, 2025 — Prime Minister Shehbaz Sharif reaffirmed the government’s commitment to providing meaningful relief to the masses in the upcoming budget for fiscal year 2025-26.
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OICCI advocates broadening tax base to achieve 15% tax-to-GDP
ISLAMABAD, May 9, 2025 — The Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the government to prioritize broadening the tax base in the upcoming budget for FY2025-26, stating that this is essential to achieving a sustainable tax-to-GDP ratio of 15%.
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PSX crashes by 6.32% in midday trading amid new Indian strikes
Karachi, May 8, 2025 – The Pakistan Stock Exchange (PSX) experienced a dramatic crash of 6.32% during midday trading on Thursday following reports that India launched a series of drone strikes across multiple Pakistani cities overnight. The news triggered widespread panic among investors, resulting in the PSX hitting its lower lock and forcing a temporary suspension of trading.
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NSC authorizes Armed Forces to respond to Indian aggression
Islamabad, May 7, 2025 — The National Security Committee (NSC) of Pakistan, chaired by Prime Minister Muhammad Shehbaz Sharif, has authorized the Armed Forces to respond decisively to India’s unprovoked military aggression.
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FBR cracks down on gold trade to curb money laundering
KARACHI, May 6, 2025 — In response to the sharp surge in gold prices and the growing risks of financial crimes, the Federal Board of Revenue (FBR) has intensified its efforts to monitor money laundering activities in Pakistan’s gold trade sector.
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FBR mulls tax on high pensions, income tax relief in FY26 budget
As Pakistan gears up for Budget 2025-26, the Federal Board of Revenue (FBR) is actively working on two major fiscal proposals — imposing a tax on high-value pensions and increasing the income tax exemption threshold for salaried individuals.
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Finance Ministry Justifies Tax Laws (Amendment) Ordinance, 2025
Islamabad, May 5, 2025 — The Finance Ministry on Monday defended the recently issued Tax Laws (Amendment) Ordinance, 2025, saying it aims to plug legal and administrative gaps in the tax system and ensure fair and efficient tax enforcement.
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SBP cuts benchmark rate to 11%, surpassing market consensus
Karachi, May 5, 2025 — In a move that exceeded market forecasts, the State Bank of Pakistan (SBP) announced a 100 basis point reduction in its benchmark policy rate, bringing it down to 11%, effective May 6, 2025.
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