Karachi, August 4, 2025 – The Pakistan Stock Exchange (PSX) has made history by crossing the monumental milestone of 142,000 points for the first time ever, marking a new era of bullish momentum in the country’s capital market.
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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 and Iran vow to expand trade, border cooperation
Islamabad, August 3, 2025 – In a renewed effort to foster regional connectivity and mutual prosperity, Pakistan and Iran have reaffirmed their commitment to deepen bilateral trade and enhance border cooperation.
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FBR confirms tax amnesty for ineligible persons
Islamabad, August 3, 2025 – The Federal Board of Revenue (FBR) has officially clarified that ineligible individuals may now benefit from a form of tax amnesty, allowing them to enter the documented economy without fear of questioning about the origins of their declared resources.
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FBR treats cash deposit as banking channel payment
Islamabad, August 3, 2025 – The Federal Board of Revenue (FBR) has clarified that bank cash deposits made by buyers into the seller’s bank account will be treated as valid payments through the banking channel under the Income Tax Ordinance, 2001.
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FBR creates panels for section 37A, 40B oversight
Islamabad, August 1, 2025 — The Federal Board of Revenue (FBR) has constituted two high-level committees to ensure accountability, fairness, and transparency in actions taken by tax officials under Section 37A and Section 40B of the Sales Tax Act, 1990.
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KSE-100 index hits historic high on U.S. tariff relief
Karachi, August 1, 2025 – The Pakistan Stock Exchange (PSX) witnessed a historic day on Friday as the KSE-100 index surged past the 141,000-point mark for the first time ever.
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Trump significantly reduces U.S. tariff on Pakistan to 19%
WASHINGTON – In a significant development for bilateral trade, U.S. President Donald Trump has announced that Pakistan will face a reduced tariff rate of 19% on its exports to the United States, down from the previously proposed 29%.
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Pakistan sharply cuts petrol price by Rs7.54 per liter
Islamabad, July 31, 2025 – In a significant move, the Government of Pakistan has announced a sharp cut in the price of petrol by Rs7.54 per liter, providing some relief to the general public.
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Pakistan, U.S. finalize landmark trade agreement
Washington, D.C., July 31, 2025 – Pakistan and the United States have finalized a comprehensive trade agreement aimed at deepening bilateral relations, expanding market access, and stimulating foreign investment across key sectors.
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Habib Bank pays Rs41 billion in income tax during 1HCY25
Karachi, July 31, 2025 – Habib Bank Limited (HBL) has reported a significant contribution of Rs41 billion in income tax payments during the first half of the calendar year 2025 (January–June), underscoring the bank’s expanding profitability and its vital role in Pakistan’s financial sector.
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