Karachi, March 4, 2025 – The National Bank of Pakistan (NBP) has successfully managed an extraordinary pension expense of Rs 68 billion without compromising its financial stability, according to Chairman Ashraf Mahmood Wathra.
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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’s Trade Deficit Expands by 6.33% in 8MFY25
Islamabad, March 3, 2025 – Pakistan’s trade deficit has expanded by 6.33% during the first eight months (July – February) of the fiscal year 2024-25, according to data released by the Pakistan Bureau of Statistics (PBS) on Monday.
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Pakistan’s Headline Inflation Declines to 1.5% in February 2025
Islamabad, March 3, 2025 – Pakistan’s headline inflation, measured through the Consumer Price Index (CPI), recorded a decline to 1.5% on a year-on-year (YoY) basis in February 2025, compared to 2.4% in the previous month and a significantly higher 23.1% in February 2024. This decline in headline inflation suggests a notable easing in price pressures, reflecting improved economic stability.
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FBR Collects Rs 5.71 Billion Advance Tax on Cash Withdrawals
Islamabad, March 3, 2025 – The Federal Board of Revenue (FBR) has successfully collected Rs 5.71 billion as advance tax on cash withdrawals during the first seven months (July–January) of the current fiscal year 2024-25. This tax applies to individuals making large cash withdrawals from banks who are not listed on the Active Taxpayers’ List (ATL).
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Banks After-Tax Earnings Rise to Rs 597 Billion in 2024
Karachi, March 3, 2025 – The banking sector in Pakistan has reported a notable increase in after-tax earnings, reaching Rs 597 billion for the year ending December 31, 2024. This marks a 5% year-on-year (YoY) growth compared to Rs 567 billion recorded in the previous year, demonstrating the resilience of banks amid evolving economic conditions.
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PM Shehbaz Takes Action Against Ramadan Gas Disruptions
Prime Minister Shehbaz Sharif has issued strict directives to ensure uninterrupted gas supply during Sehri and Iftar hours throughout the holy month of Ramadan.
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PM Shehbaz Takes Steps to Stabilize Essential Prices
Islamabad, March 2, 2025 – Prime Minister Shehbaz Sharif has issued firm directives to the concerned authorities, emphasizing the urgent need to ensure the availability of essential commodities at reduced prices for the general public.
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FBR Raises Rs 1.22 Billion Tax Demand Against Bank Alfalah
Karachi, March 2, 2025 – The Federal Board of Revenue (FBR) has issued a tax demand of Rs 1.22 billion against Bank Alfalah for multiple tax years, citing various discrepancies in tax payments.
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FBR Collects Rs 11 Billion from Exporters Under New Tax Rules
Islamabad, March 2, 2025 – The Federal Board of Revenue (FBR) has successfully generated Rs 11 billion in withholding tax from exporters under new tax regulations implemented for the current fiscal year.
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PM Shehbaz Launches Rs 20 Billion Ramadan Relief Package
ISLAMABAD: Prime Minister Shehbaz on Saturday unveiled a Rs 20 billion Ramadan relief package designed to support four million deserving families across Pakistan.
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