Islamabad, September 22, 2025 – The Federal Board of Revenue (FBR) has achieved a major milestone by crossing the figure of 8 million active taxpayers.
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Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
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Banks face Rs1 trillion withdrawal in just two months
Karachi, September 22, 2025 – Commercial banks in Pakistan have experienced a sharp outflow of deposits, as more than Rs1 trillion was withdrawn by customers during July and August, the first two months of the current fiscal year 2025-26.
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FBR Examines Foreign Assets of Leading Media House
Islamabad, September 22, 2025 – The Federal Board of Revenue (FBR) has initiated a detailed probe into the tax affairs of a prominent media house in Pakistan. The move signals the government’s intent to closely monitor businesses with overseas engagements and ensure compliance with international reporting standards.
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How to Get 2025 Return Filing Deadline Extension
Karachi, September 22, 2025 – With only one week left before the September 30 deadline for filing annual income tax returns for the year 2025, many taxpayers are concerned about meeting the requirement. If you think you may miss the deadline, the law provides a way to apply for an extension.
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FBR issues benchmarks for income tax exemptions
Islamabad, September 21, 2025 – The Federal Board of Revenue (FBR) has formally introduced benchmarks for determining income tax exemptions and concessions, aiming to enhance clarity and consistency in the taxation system.
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Return filing deadline extension not under consideration: FBR
Islamabad, September 20, 2025 – The Federal Board of Revenue (FBR) clarified on Saturday that an extension in the deadline for income tax return filing for Tax Year 2025 is not under consideration at present.
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FBR maintains strict penalties for sales tax payment defaults
Karachi, September 19, 2025 – The Federal Board of Revenue (FBR) has reaffirmed its stance on penalizing taxpayers who fail to meet their sales tax obligations for the tax year 2025–26.
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KSE-100 Index Rallies on Landmark Saudi Defense Pact
Karachi, September 18, 2025 – The benchmark KSE-100 index surged sharply on Thursday, gaining 1,775 points as investor sentiment turned bullish after the signing of a landmark defense pact between Pakistan and Saudi Arabia. The index closed at 157,953 points, up from the previous day’s level of 156,178 points.
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Pakistan, Saudi Arabia seal historic strategic mutual defense pact
RIYADH, September 18, 2025 – In a landmark development, Pakistan and Saudi Arabia on Wednesday signed a Strategic Mutual Defense Agreement, formalizing their commitment to stand shoulder to shoulder in the face of external threats.
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SBP directs banks to establish EDI with PSW
Karachi, September 17, 2025 – The State Bank of Pakistan (SBP) has issued a directive making it mandatory for commercial banks to establish Electronic Data Interchange (EDI) with the Pakistan Single Window (PSW).
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