Karachi, January 4, 2025 – The Pakistan Stock Exchange (PSX) is anticipated to extend its record-breaking performance in the upcoming week starting January 6, 2025, according to analysts at Arif Habib Limited.
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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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PTCL Alerts Slow Browsing After Internet Disruption
Karachi, January 3, 2025 – Pakistan Telecommunication Company Limited (PTCL) has issued an alert notifying users of potential slow internet browsing due to a disruption in an international submarine cable.
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Pakistan Tightens Pension Rules, Limits Multiple Benefits Draw
Islamabad, January 2, 2025 – Pakistan has introduced sweeping reforms to pension rules, effectively restricting individuals from drawing multiple pensions simultaneously. This move, outlined in a notification issued by the Pakistan Finance Division, is based on the recommendations of the Pay and Pension Commission 2020 and aims to streamline pension disbursements and curb inefficiencies in the system.
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FBR Implements Digital Eye for Tax Monitoring in Sugar Sector
Karachi, January 1, 2025 – The Federal Board of Revenue (FBR) has launched a cutting-edge “digital eye” system for real-time monitoring and video surveillance of production in Pakistan’s sugar sector. This initiative aims to enhance tax compliance and streamline the monitoring process.
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New Year Bang: PSX Reaches All-Time High at 117K Points
Karachi, January 1, 2025 – The Pakistan Stock Exchange (PSX) rang in the New Year with a historic milestone as the benchmark KSE-100 index surged to an all-time high of 117,008 points.
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FBR Active Taxpayer List 2024 Reaches 5.89 Million
Karachi, January 1, 2025 – The Federal Board of Revenue (FBR) issued its updated Active Taxpayers List (ATL) for the tax year 2024, showcasing an impressive 5.89 million active taxpayers.
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FBR Faces Rs 380 Billion Tax Shortfall in 1HFY25
The Federal Board of Revenue (FBR) faced a substantial revenue shortfall of Rs 380 billion during the first half of the current fiscal year (July-December 2024). The total tax collection amounted to Rs 5,629 billion, falling short of the projected target of Rs 6,009 billion, raising concerns over Pakistan’s fiscal performance.
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Pakistan Increases Petroleum Prices on New Year 2025
ISLAMABAD: The federal government of Pakistan has increased the price of petrol by Re0.56 per litre, effective from the first fortnight of 2025. The announcement, made on New Year’s Eve, reflects adjustments based on fluctuations in the international oil market, as stated in a notification issued by the Finance Division.
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Pakistan Waives Customs Duty on 261 Items for D-8 Countries
Karachi, December 31, 2024 – Pakistan has announced the exemption of customs duties on 261 tariff lines for imports from D-8 countries, a move effective from January 1, 2025. This initiative is part of Pakistan’s commitment to fostering regional trade under the D-8 Preferential Trade Agreement (PTA).
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PM Shehbaz Launches ‘Uraan Pakistan’ Five-Year Economic Plan
Islamabad, December 31, 2024 – Prime Minister Shehbaz Sharif officially launched Uraan Pakistan, a homegrown five-year National Economic Transformation plan, on Tuesday in Islamabad.
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