KARACHI, September 25 – The business and industrial community has united in harsh criticism of the Federal Board of Revenue (FBR) for making sudden amendments to the 2025 income tax return and wealth statement forms just days before the September 30 deadline.
(more…)Category: Trade & Industry
This section covers news on trade and industry. Pakistan Revenue is committed to providing the latest updates on business trends.
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No conflict seen in Karachi Customs Agents elections
Karachi – The upcoming elections of the Customs Agents Association are moving ahead in a peaceful and organized manner, with no visible signs of conflict or tension.
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FCCI seeks extension in 2025 tax return filing deadline
Faisalabad, September 22, 2025 – The Faisalabad Chamber of Commerce and Industry (FCCI) has urged the government to extend the deadline for income tax return filing for tax year 2025.
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Murree Brewery posts over 24% surge in annual profit
Karachi, September 19, 2025 – Murree Brewery Company Limited on Friday announced strong financial results, declaring a surge of more than 24% in net profit for the year ended June 30, 2025.
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SBP directs banks to establish EDI with PSW
Karachi, September 17, 2025 – The State Bank of Pakistan (SBP) has issued a directive making it mandatory for commercial banks to establish Electronic Data Interchange (EDI) with the Pakistan Single Window (PSW).
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Pakistan’s textile exports jump 10% in 2MFY26
Islamabad, September 17, 2025 – Pakistan’s textile sector has recorded strong growth in the first two months of the current fiscal year 2025-26, showing a 10% rise in overall exports.
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FPCCI lambasts SBP for unchanged policy rate
Karachi, September 15, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has voiced strong disappointment over the State Bank of Pakistan’s (SBP) decision to keep the policy interest rate unchanged at 11%.
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KCCI realigns constitutional framework at EOGM
Karachi, September 15, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has taken a major step towards strengthening its governance and compliance structure by approving wide-ranging amendments to its constitutional framework during an Extraordinary General Meeting (EOGM) held at the Majeed Bawany Auditorium.
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ICMAP calls for creation of National Data and AI Authority
Karachi, September 12, 2025 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has strongly urged the government to establish a National Data and Artificial Intelligence (AI) Authority to accelerate Pakistan’s digital transformation and strengthen its standing in the global digital economy.
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SBP sets timelines for export payment realization
Karachi, September 12, 2025 – The State Bank of Pakistan (SBP) has introduced detailed timelines for the realization of export proceeds, aiming to bring clarity and discipline to foreign trade transactions.
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