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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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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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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Pakistan’s Budget Deficit Contracts to 1.2% in First Half of FY25
Karachi, February 8, 2025 – Pakistan has reported a notable reduction in its budget deficit, which contracted to 1.2% of Gross Domestic Product (GDP) in the first half (July-December) of the fiscal year 2024-25. This marks a significant improvement from the 2.3% budget deficit recorded during the corresponding period of the previous fiscal year.
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NA Set to Approve Tax Bill to Restrict Transactions by Non-Filers
Islamabad, February 7, 2025 – The National Assembly is poised to approve the Tax Amendment Bill in its upcoming session, which aims to impose strict restrictions on non-filers of income tax returns, preventing them from engaging in various financial transactions.
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Shehbaz Motivates Pakistan for India Clash in Champions Trophy
Lahore, February 7, 2025 – Prime Minister Shehbaz Sharif on Friday urged the green shirts of Pakistan’s cricket team to defeat India in their highly anticipated ICC Champions Trophy 2025 match.
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Made in Pakistan Mobile Phones Witness 47% Annual Growth
Karachi, February 7, 2025 – The production of mobile phones under the “Made in Pakistan” initiative has experienced an extraordinary 47% annual growth, marking a significant milestone in the country’s technological advancement.
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Pakistan Gold Prices Cross Rs 300K per Tola for First Time
Karachi, February 7, 2025 – The Pakistan gold prices soared to an all-time high on Friday, hitting Rs 300,046 per tola due to escalating trends in the international bullion markets. The relentless rally in gold prices in Pakistan has been largely driven by heightened global uncertainty and rising geopolitical tensions.
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Aurangzeb Terms Agriculture Tax as Key Step for Broadening
Islamabad, February 6, 2025 – Finance Minister Muhammad Aurangzeb on Thursday emphasized the importance of agriculture income tax as a crucial step in broadening Pakistan’s tax base.
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KSE-100 Losing Streak Extends to Third Day, 1,634 Points Lost
Karachi, February 6, 2025 – The Pakistan Stock Exchange (PSX) witnessed a tumultuous week, with the benchmark KSE-100 index extending its losing streak for a third consecutive session.
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