Karachi, March 7, 2025 – The Federal Board of Revenue (FBR) has reported an impressive 40% surge in tax payments made alongside tax return filings for the tax year 2024. This significant increase highlights the effectiveness of the government’s recent tax enforcement measures and the growing compliance among taxpayers.
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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 Directs Hiring Skilled Manpower for SMEDA
Islamabad, March 6, 2025 – Prime Minister Shehbaz Sharif has directed that skilled manpower should be hired from the market to strengthen the Small and Medium Enterprises Development Authority (SMEDA).
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KSE-100 Soars 1,459 Points as Global Oil Prices Plunge
Karachi, March 6, 2025 – The KSE-100 index of the Pakistan Stock Exchange (PSX) witnessed a significant surge on Thursday, gaining 1,459 points amid a sharp decline in international oil prices.
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Banks Plan to Move Supreme Court on Windfall Tax
Karachi, March 6, 2025 – A group of banks in Pakistan is preparing to approach the Supreme Court to challenge the recent Sindh High Court decision regarding the windfall tax imposed on foreign exchange income.
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Silkbank Faces Uncertainty as Auditors Raise Red Flags
Grant Thornton Anjum Rahman, a reputable firm of Chartered Accountants, has raised significant concerns regarding the financial viability of Silkbank Limited.
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KCCI Elections Annulled by DGTO, Fresh Polls Ordered
Karachi, March 4, 2025 – The Directorate General of Trade Organizations (DGTO) has declared the elections of the Karachi Chamber of Commerce and Industry (KCCI) for the term 2024-26 as null and void due to serious legal objections raised by a complainant.
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FBR Forms Monitoring Committee to Oversee ICTE
Islamabad, March 4, 2025 – The Federal Board of Revenue (FBR) has officially constituted a monitoring committee to supervise the establishment and operations of the International Center for Tax Excellence (ICTE).
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NBP Successfully Absorbs Rs68Bn Pension Expenses: Chairman
Karachi, March 4, 2025 – The National Bank of Pakistan (NBP) has successfully managed an extraordinary pension expense of Rs 68 billion without compromising its financial stability, according to Chairman Ashraf Mahmood Wathra.
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Pakistan’s Trade Deficit Expands by 6.33% in 8MFY25
Islamabad, March 3, 2025 – Pakistan’s trade deficit has expanded by 6.33% during the first eight months (July – February) of the fiscal year 2024-25, according to data released by the Pakistan Bureau of Statistics (PBS) on Monday.
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Pakistan’s Headline Inflation Declines to 1.5% in February 2025
Islamabad, March 3, 2025 – Pakistan’s headline inflation, measured through the Consumer Price Index (CPI), recorded a decline to 1.5% on a year-on-year (YoY) basis in February 2025, compared to 2.4% in the previous month and a significantly higher 23.1% in February 2024. This decline in headline inflation suggests a notable easing in price pressures, reflecting improved economic stability.
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