Karachi, March 23, 2025 – The collection of sales tax on imports witnessed a significant 30% surge in February 2025, offering a much-needed boost to the Federal Board of Revenue (FBR) in its revenue collection efforts.
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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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PM Shehbaz Pushes FBR Reforms After Record Tax Recovery
Islamabad, March 23, 2025 – Prime Minister Shehbaz Sharif chaired a high-level meeting to assess the performance of the Federal Board of Revenue (FBR), where he lauded the institution for its historic recovery of Rs 34.5 billion.
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Pakistan’s Agriculture Tax Rates Among Highest in Region: ICMAP
Karachi, March 22, 2025 – A recent study by the Institute of Cost and Management Accountants of Pakistan (ICMAP) has highlighted that Pakistan’s agriculture tax rates are among the highest in the region, raising concerns about enforcement and long-term sectoral impact.
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LTO Karachi Achieves Historic Rs 2 Trillion Milestone in 8MFY25
Karachi, March 21, 2025 – The Large Taxpayers Office (LTO) Karachi has achieved a significant milestone by surpassing the Rs 2 trillion mark in tax collection within the first eight months (July–February) of the fiscal year 2024-25.
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FBR Secures Rs 11.48 Billion Windfall Tax from Punjab Banks
Islamabad, March 21, 2025 – The Federal Board of Revenue (FBR) has successfully collected Rs 11.48 billion in windfall tax from banks operating in Punjab, following the Lahore High Court’s (LHC) decision to lift a stay order that had previously delayed tax recovery.
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Profit-Taking Halts Record-Breaking Rally at PSX
Karachi, March 21, 2025 – After a series of record-breaking sessions, investors at the Pakistan Stock Exchange (PSX) opted for profit-taking on Friday, bringing a temporary halt to the market’s bullish momentum. Following an extended rally, market participants decided to book gains, resulting in a slight downturn.
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Pakistan Bans Import of Polyol and Chlorodifluoroethanes
Islamabad, March 20, 2025 – Pakistan has officially imposed a ban on the import of polyol blended and chlorodifluoroethanes with immediate effect.
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PSX Extends Rally, KSE-100 Hits Record 118,770 Points
Karachi, March 20, 2025 – The Pakistan Stock Exchange (PSX) continued its bullish streak on Thursday, with the benchmark KSE-100 Index reaching an all-time high of 118,770 points.
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New Sugar Price Rs 164: Govt Decision Sparks Debate
The government has set the retail price of sugar at Rs 164 per kilogram, marking a 13% increase from its previous cap when it approved the export of 600,000 metric tonnes.
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MoC Suspends DGTO Orders Against KCCI Elections
Islamabad, March 19, 2025 – The Ministry of Commerce (MoC) has suspended the Directorate General of Trade Organizations’ (DGTO) order regarding the Karachi Chamber of Commerce and Industry (KCCI) elections until the next hearing scheduled for April 10, 2025.
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