Karachi, April 28, 2025 — The State Bank of Pakistan (SBP) has emphasized the urgent need to refine tax policy to avoid unintended consequences that fuel higher cash circulation (CiC) in the economy.
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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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SBP flags tariffs, global conflicts as risks to economy
Karachi, April 28, 2025 – The State Bank of Pakistan (SBP) on Monday released its Half Year Report FY25 on the state of Pakistan’s economy, highlighting several key risks that could impact the country’s future economic performance.
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PM Shehbaz issues stern warning over potential water disruption
Karachi, April 26, 2025 – Prime Minister Shehbaz Sharif has issued a stern warning that any attempt by India to divert or block Pakistan share of water under the Indus Waters Treaty would be met with a full-force response.
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FBR reports 55% growth in electricity bill tax collection for March
Karachi, April 26, 2025 – The Federal Board of Revenue (FBR) has reported a substantial 55% increase in tax collection from electricity bills for the month of March 2025, reflecting a surge in energy consumption driven by rising industrial and commercial activity.
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FBR sees 28% drop in tax revenue from cash withdrawals
Karachi, April 25, 2025 – The Federal Board of Revenue (FBR) has reported a notable 28% decrease in tax collection from cash withdrawals during the month of March 2025, highlighting a major shift in the behavior of banking customers.
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Pakistan’s bank deposits surge to historic Rs31.63 trillion
Karachi, April 25, 2025 – Pakistan’s banking sector has recorded a historic milestone as total bank deposits surged to an unprecedented Rs31.63 trillion by the end of March 2025, according to the latest data released by the State Bank of Pakistan (SBP) on Thursday.
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PSX sinks 2,206 points amid escalating Pakistan-India tensions
Karachi, April 24, 2025 – The Pakistan Stock Exchange (PSX) witnessed a sharp decline of 2,206 points on Thursday as mounting tensions between Pakistan and India rattled investor confidence and triggered a broad-based sell-off across the market.
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March 2025 tax collection from bank deposits plunges 54%
KARACHI, April 24, 2025 — The Federal Board of Revenue (FBR) has experienced a sharp decline in income tax collection from profits on bank deposits in March 2025, with receipts plunging by 54% compared to the same month last year.
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FBR mulls tax on YouTube, social media earnings in FY26 budget
Karachi, April 23, 2025 – The Federal Board of Revenue (FBR) is actively considering the introduction of a new tax regime targeting income generated through digital platforms such as YouTube and other social media channels.
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IMF cuts Pakistan GDP growth forecast amid global uncertainty
ISLAMABAD: The International Monetary Fund (IMF) has revised its GDP growth forecast for Pakistan, lowering the projection for fiscal year 2025 to 2.6 percent — a 0.4 percent drop from its earlier estimate of 3 percent published in January 2025.
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