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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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, US join hands to explore massive oil reserves: Trump
Washington, July 30, 2025 — In a surprising announcement, U.S. President Donald Trump revealed that Pakistan and the United States have entered into a joint agreement to explore and develop the South Asian country’s substantial oil reserves.
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Federal Cabinet Approves Green Building Code of Pakistan
Islamabad, July 30, 2025 – In a significant move toward environmental sustainability and climate resilience, the Federal Cabinet has officially approved the Green Building Code of Pakistan, alongside the Rainwater Harvesting Provisions for the national Building Code.
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SBP maintains 11% policy rate amid inflation concerns
Karachi, July 30, 2025 – The State Bank of Pakistan (SBP) has decided to keep the benchmark policy rate unchanged at 11%, citing mounting inflation risks and a shifting macroeconomic landscape.
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FBR gets 41% more funds for FY 2025-26 expenses
Islamabad, July 29, 2025 – The federal government has significantly increased the budgetary allocation for the Federal Board of Revenue (FBR) for the fiscal year 2025-26, earmarking Rs83.10 billion for its expenditures. This reflects a 41% jump compared to Rs58.80 billion allocated in the previous fiscal year.
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FBR notifies option to pay duties after assessment for early GDs
Islamabad, July 29, 2025 – The Federal Board of Revenue (FBR) has issued a new statutory regulatory order, SRO 1360(I)/2025, introducing a key procedural change for importers.
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Finance ministry warns of inflation risks from heavy rains
Islamabad, July 28, 2025 – The Finance Ministry has cautioned that recent heavy rains may pose inflationary risks due to their adverse effects on agriculture yields and supply chain dynamics.
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Premium prize bonds investment rises by 7.83% in FY25
Karachi, July 28, 2025 – Investment in premium prize bonds witnessed a significant rise of 7.83% during the fiscal year 2024–25, reflecting increased public interest in secure and transparent savings instruments.
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FBR gets new powers to control retail prices to fight tax evasion
The Federal Board of Revenue (FBR) has been given fresh authority to fix retail prices of goods as part of the Finance Act, 2025 — a move aimed at tightening control over tax evasion in Pakistan’s markets.
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PM greenlights FBR digital system to monitor value chain
Islamabad, July 26, 2025 – Prime Minister Muhammad Shehbaz Sharif has approved the development of a state-of-the-art digital ecosystem within the Federal Board of Revenue (FBR) to ensure end-to-end monitoring of the entire value chain. This ambitious initiative aims to align Pakistan’s tax infrastructure with international best practices.
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