Islamabad, June 4, 2025 – Pakistan has reported that trade deficit rose sharply by 26% year-on-year in May 2025, mainly due to a notable decline in exports.
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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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KSE-100 Index continues rally, reaches new high of 121,799 points
Karachi, June 4, 2025 – The Pakistan Stock Exchange (PSX) witnessed another strong session on Wednesday, as the benchmark KSE-100 Index continued its upward trajectory and closed at a new all-time high of 121,799 points.
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Major overhaul of CGT on securities expected in Budget 2025-26
Karachi, June 3, 2025 — A significant overhaul in the structure of Capital Gains Tax (CGT) on the disposal of securities is likely to be announced in the upcoming budget for the fiscal year 2025–26, according to sources close to the Federal Board of Revenue (FBR).
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K-Electric under fire as ministry files explosive review petition
Islamabad, June 2, 2025 – The Power Ministry has dropped a bombshell on K-Electric (KE), fiercely challenging the electricity tariff awarded to the utility giant and declaring it unjustified, unfair, and unacceptable.
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PM Shehbaz expresses satisfaction over faceless customs reforms
Islamabad, June 2, 2025 – Prime Minister Shehbaz Sharif expressed deep satisfaction on Monday regarding the impressive progress and performance of the faceless customs assessment system, describing it as a significant step toward transparency and efficiency in Pakistan’s revenue operations.
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FY26 Budget Bombshell: Pakistan plans CVT on movable assets
Islamabad, June 2, 2025 – The government of Pakistan is likely to reintroduce Capital Value Tax (CVT) on movable assets in the upcoming federal budget for fiscal year 2025-26. Highly placed sources revealed on Monday that the proposed tax will specifically target the country’s wealthiest individuals, aiming to tap into movable assets such as cash, gold, savings, and investments.
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Pakistan’s top leadership stresses public relief in budget 2025–26
President Asif Ali Zardari and Prime Minister Shehbaz Sharif convened a high-level meeting on Sunday at the Governor’s House in Lahore, where the focus remained firmly on ensuring meaningful relief for the common man in the upcoming budget for the fiscal year 2025–26.
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FBR records 168% growth in CGT collection amid PSX boom
Karachi, June 1, 2025 – The Federal Board of Revenue (FBR) has reported an exceptional 168% surge in Capital Gain Tax (CGT) collection from the disposal of securities during the first 10 months (July–April) of the fiscal year 2024–25.
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IMF presses FBR to offset salaried class tax relief in FY26 budget
The International Monetary Fund (IMF) has asked the Federal Board of Revenue (FBR) to submit alternate taxation proposals if the government proceeds with its planned tax relief for the salaried class in the upcoming federal budget for 2025–26.
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Only IMF-approved 2025-26 budget to be presented by Pakistan
Islamabad, May 31, 2025 – Pakistan is set to present its national budget for the fiscal year 2025-26 on June 10, 2025 in strict accordance with the conditions agreed upon with the International Monetary Fund (IMF). This move comes as part of the commitments under the Extended Fund Facility (EFF), which aims to stabilize the country’s economy and ensure long-term fiscal discipline.
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