Islamabad, February 3, 2025 – Pakistan’s exports have experienced a significant boost, rising by 10% to reach $19.55 billion during the first seven months (July – January) of fiscal year 2024-25, according to data released by the Pakistan Bureau of Statistics (PBS) on Monday.
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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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KSE-100 plunges 1.32% amid concerns over property tax package
Karachi, February 3, 2025 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) witnessed a sharp decline on Monday, shedding 1,511 points, or 1.32%, as investors reacted negatively to concerns surrounding a potential tax package for the property sector.
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Pakistan’s inflation hits 111-month low at 2.4% in January
Islamabad, February 3, 2025 – Pakistan’s headline inflation based on the Consumer Price Index (CPI) dropped to 2.4% in January 2025, marking the lowest level in 111 months.
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Sindh approves landmark agricultural income tax law
Karachi, February 3, 2025 – In a historic move, the Sindh government has officially approved the imposition of an agricultural income tax, marking a significant policy shift aimed at enhancing fiscal discipline and revenue generation.
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FBR likely to abolish section 7E on deemed property income
Karachi, February 3, 2025 – The Federal Board of Revenue (FBR) is expected to eliminate Section 7E of the Income Tax Ordinance, 2001, which pertains to the taxation of deemed property income.
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Pakistan introduces policy for issuance of commemorative coins
Islamabad, February 2, 2025 – The Ministry of Finance has officially released policy guidelines for the issuance of commemorative coins in Pakistan, aiming to bring structure and consistency to the process.
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New amnesty for property transactions in Pakistan?
Is Pakistan on the verge of introducing a new amnesty for property transactions, exempting buyers from disclosing their income sources?
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FBR files criminal case against faceless customs manipulators
Islamabad, February 1, 2025 – The Federal Board of Revenue (FBR) has launched criminal proceedings against a customs officer, several customs agents, and private individuals accused of tampering with the recently introduced Faceless Customs Assessment System—a key initiative designed to bring efficiency, transparency, and uniformity to customs clearance operations.
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Pakistan increases petrol and diesel prices for 1st half of February
Islamabad, January 31, 2025 – The government of Pakistan has announced an increase in the prices of petrol and high-speed diesel (HSD) for the first half of February 2025.
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FBR launches sweeping crackdown on Rs 200 billion withholding tax discrepancies
Islamabad, January 31, 2025 – In a decisive move to strengthen tax compliance and curb financial irregularities, the Federal Board of Revenue (FBR) has initiated a comprehensive crackdown on excessive claim of withholding tax (WHT) deductions amounting to Rs 200 billion.
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