Islamabad, July 10, 2025 – Prime Minister Shehbaz Sharif on Thursday directed a comprehensive restructuring of the National Tariff Commission (NTC) to enhance its institutional capabilities and ensure alignment with Pakistan’s evolving economic priorities.
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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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Pakistan receives all-time high $38.3 billion in remittances
Karachi, July 9, 2025 – Pakistan has achieved a major milestone by receiving an all-time high of $38.3 billion in remittances during the fiscal year 2024–25, according to data released by the State Bank of Pakistan (SBP) on Wednesday.
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FBR grants big tax relief on Import of 0.5MMT sugar
Islamabad, July 9, 2025 – The Federal Board of Revenue (FBR) has granted sweeping tax exemptions and concessions on the import of 0.5 million metric tons (MMT) of white crystalline sugar, aimed at stabilizing domestic supply and curbing rising prices.
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Bank Accounts Now Mandatory for 2025 Tax Return Filing
Karachi, July 9, 2025 – Planning to file your income tax return for Tax Year 2025? Get ready – because this time, having a bank account is no longer optional. The Federal Board of Revenue (FBR) has made it mandatory for salaried individuals to declare their bank accounts while filing their income tax return.
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Lawmakers stall harsh rules on ineligible with hidden law trick
Islamabad, July 9, 2025 — In a dramatic turn of events, the much-publicized law to impose economic restrictions on ineligible persons has been quietly altered through a seemingly subtle clause—raising serious concerns over the intent and timing of its enforcement.
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FBR unveils simplified 2025 tax return form for salaried individuals
Islamabad – July 8, 2025: In a move set to ease the tax filing burden on millions of employees, the Federal Board of Revenue (FBR) has launched a simplified income tax return form exclusively for salaried individuals for Tax Year 2025.
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PM Shehbaz hails FBR, IB for Rs178 billion recovery
Islamabad, July 7, 2025 – Prime Minister Shehbaz Sharif has lauded the Federal Board of Revenue (FBR) and the Intelligence Bureau (IB) for their extraordinary collaboration that led to a historic recovery of Rs178 billion through anti-tax evasion and anti-hoarding operations.
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AI-powered RMS revolutionizes Pakistan Customs clearance
Islamabad, July 7, 2025 – In a landmark development for trade and taxation, Pakistan has introduced its first-ever Artificial Intelligence (AI)-based Risk Management System (RMS) to modernize Customs operations and streamline import-export clearance processes.
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PSX Hits Fresh Highs in Historic Market Surge
Karachi, July 7, 2025 – The Pakistan Stock Exchange (PSX) soared to unprecedented highs on Monday, continuing its record-breaking rally that has captured investor confidence across sectors.
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FBR releases list for regulatory duty exemptions on imports
Karachi, July 7, 2025 – The Federal Board of Revenue (FBR) has formally issued a detailed list specifying exemptions from regulatory duty on a wide range of imported goods.
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