Karachi, August 16, 2025 – The State Bank of Pakistan (SBP) has introduced stricter regulatory measures for the issuance of financial instruments (FIs) in connection with trade transactions, making it mandatory to include Harmonized System (H.S.) Codes and Unit of Measurement (UoM) details.
(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.
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Pakistan, Japan discuss auto industry growth plans
Tokyo, August 15, 2025 – Senior officials from Islamabad and Tokyo have engaged in high-level talks aimed at strengthening Pakistan’s Auto Industry Development Policy, focusing on a strategic shift from punitive to incentive-driven measures to attract investment and promote sustainable growth.
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FBR gears up for mega tax audit drive in textile sector
Karachi, August 15, 2025 – If you’re part of Pakistan’s textile industry, it’s time to pay close attention. The Federal Board of Revenue (FBR) is preparing to roll out a massive audit exercise targeting the textile sector and its various sub-sectors nationwide.
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SBP targets overpriced trade transactions in major move
Karachi, August 14, 2025 – The State Bank of Pakistan (SBP) has instructed all commercial banks to strengthen oversight on prices declared in trade transactions, introducing detailed due diligence measures aimed at combating Trade-Based Money Laundering (TBML) and Terrorist Financing.
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SBP orders banks to implement stricter CDD for traders
KARACHI, August 14, 2025 – The State Bank of Pakistan (SBP) has issued a detailed directive requiring banks to enhance their customer due diligence (CDD) processes for all clients engaged in trade-related activities.
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ECC approves development of industrial estate on PSM land
Islamabad, August 13, 2025 – The Economic Coordination Committee (ECC) of the Cabinet on Wednesday gave the go-ahead for establishing a major industrial estate on the land of Pakistan Steel Mills (PSM) in Karachi, marking a significant step towards revitalizing industrial growth in the region.
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MPR forecasts FY26 GDP growth between 3.25% and 4.25%
Karachi, August 13, 2025 – The State Bank of Pakistan (SBP), in its flagship Monetary Policy Report (MPR), has projected Pakistan’s real GDP growth to range between 3.25% and 4.25% in the fiscal year 2025-26.
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Pakistan adopts resolution to curb rapid population growth
Islamabad, August 13, 2025 – The National Assembly of Pakistan on Wednesday unanimously passed a significant resolution aimed at reducing the country’s rapid population growth to more sustainable levels.
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SBP withdraws rules, giving big relief to Pakistan exporters
Karachi, August 12, 2025 – In a major relief for Pakistan’s exporters, the State Bank of Pakistan (SBP) has announced the withdrawal of stringent conditions previously imposed under the “Delayed Realization of Export Proceeds” policy.
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FBR to deploy four experts for auto sector audit
Islamabad, August 12, 2025 – The Federal Board of Revenue (FBR) has announced plans to deploy four specialized industry experts for an extensive audit of the automotive sector.
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