Karachi, February 11, 2025 – Pakistan’s car sales witnessed an impressive surge of 73% on a Month-on-Month (MoM) basis in January 2025, driven largely by the New Year effect, which traditionally sees a spike in automobile purchases.
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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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FBR Updates Valuation Criteria for Sales Tax on Used Vehicles
Karachi, February 11, 2025 – The Federal Board of Revenue (FBR) has revised the valuation method for used vehicles concerning the calculation of sales tax.
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KSE-100 Surges 1,055 Points Amid Reports of Tax Package Delay
Karachi, February 10, 2025 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) experienced a remarkable surge of 1,055 points on Monday, fueled by renewed investor confidence following reports that the government might postpone the introduction of a tax package for the real estate sector.
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Gold Prices Surge to Fresh High of Rs 303K per Tola in Pakistan
Karachi, February 10, 2025 – Gold prices in Pakistan soared to an all-time high on Monday, reaching Rs 303,000 per Tola. The sharp increase follows a record-breaking trend in international markets, driven by economic uncertainties and global geopolitical tensions.
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FBR Reports Record 6.26M Active Taxpayers Ahead of Restrictions
Islamabad, February 10, 2025 – The Federal Board of Revenue (FBR) has announced a record-breaking 6.26 million active taxpayers ahead of the implementation of stringent measures aimed at curbing tax evasion.
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Government Pays Massive Rs 5.14 Trillion as Mark-Up in 1HFY25
Karachi, February 10, 2025 – The government of Pakistan has disbursed a staggering Rs 5.14 trillion as mark-up on loans acquired from both local and international financial institutions during the first half (July-December) of the ongoing fiscal year 2024-25.
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Tax Package for Real Estate Unlikely Before Budget 2025-26
Islamabad, February 9, 2025 – The government is unlikely to introduce any tax package for the real estate sector before the presentation of the budget for the fiscal year 2025-26.
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IMF Mission Evaluates Corruption in Pakistan
Islamabad, February 9, 2025 – The International Monetary Fund (IMF) mission has arrived in Pakistan to assess the extent of corruption vulnerabilities across six key state functions, according to a statement released by the finance ministry on Sunday.
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Petroleum Levy Collection Surges to Rs 549 Billion in 1HFY25
Karachi, February 9, 2025 – The collection of petroleum levy has witnessed a substantial increase, reaching Rs 549 billion during the first half (July – December) of the current fiscal year, according to data released by the Ministry of Finance.
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PM Shehbaz Pays Tribute to Salaried Class for Bearing Tax Burden
Islamabad, February 8, 2025 – Prime Minister Shehbaz Sharif on Saturday acknowledged the resilience and dedication of the salaried class, commending them for bearing a significant tax burden amid the stringent conditions imposed by the International Monetary Fund (IMF).
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