Karachi, December 4, 2025 – The Karachi Tax Bar Association (KTBA) has elected Mehmood Bikiya as its president for the 2025-26 term, following the 69th Annual General Meeting held on Thursday.
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Pakistan Revenue delivers the latest taxation news, covering income tax, sales tax, and customs duty. Stay updated with insights on tax policies, regulations, and financial developments in Pakistan.
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IRSOA welcomes appointment of Zubair Bilal as Member IR Operations
Islamabad, December 4, 2025 – The Inland Revenue Service Officers Association (IRSOA) has warmly welcomed the Federal Board of Revenue’s (FBR) decision to elevate senior Inland Revenue officer Zubair Bilal to the position of Member IR Operations.
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Karachi customs foils misdeclaration attempt, prevents Rs167 million loss
Islamabad, December 3, 2025 – The Collectorate of Customs Enforcement Karachi has successfully intercepted a major revenue evasion attempt, preventing an estimated Rs167 million loss to the national exchequer.
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FBR Outsources Media and Public Relations Affairs
Islamabad, December 3, 2025 – The Federal Board of Revenue (FBR) has launched a process to outsource its media management and public relations functions as part of its ongoing efforts to strengthen communication and public engagement. The initiative aims to enhance the agency’s visibility and highlight key reforms under the FBR Transformation Plan.
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President Appoints Zafar Hijazi as New Federal Tax Ombudsman
Islamabad, December 3, 2025 – President Asif Ali Zardari has appointed Zafarul Haq Hijazi as the new Federal Tax Ombudsman (FTO) for a four-year term, bringing an experienced financial regulator back into a key national oversight role.
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FBR Appoints Zubair Bilal as New Member Inland Revenue Operations
Islamabad, December 3, 2025 – The Federal Board of Revenue (FBR) has announced a major administrative reshuffle, appointing senior Inland Revenue Service (IRS) officer Zubair Bilal (BS-21) as Member Inland Revenue (IR) Operations with immediate effect.
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FBR notifies fresh customs values for polyester yarn imports
Islamabad, December 2, 2025 – The Federal Board of Revenue (FBR) has issued fresh customs values for polyester partially oriented yarn to determine duty and taxes at the import stage. The move comes under Valuation Ruling No. 2026/2025, issued by the Directorate General of Customs Valuations, a wing of the FBR.
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What Is the Meaning of “Person” Under the Income Tax Ordinance, 2001?
Understanding who is considered a “person” under Pakistan’s Income Tax Ordinance, 2001 is crucial for taxpayers, businesses, and legal entities. Section 80 of the Ordinance provides a detailed definition, covering everyone from individuals to companies and even governments. Below is an interactive breakdown to help you easily identify where you or your organization fit.
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FBR reduces penalty on senior auditor in Rs238bn tax fraud investigation
Islamabad, December 1, 2025 – The Federal Board of Revenue (FBR) has reversed a major disciplinary action against a senior auditor implicated in a Rs238.42 billion tax fraud case, downgrading the penalty from dismissal to a minor sanction of withholding promotion for three years.
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Quetta Customs Seizes 28 NCP Vehicles Worth Rs272 Million
Quetta, December 1, 2025 – The Collectorate of Customs (Enforcement), Quetta, has intensified its anti-smuggling efforts with two major operations resulting in the seizure of 28 non-customs-paid (NCP) vehicles worth a combined Rs272 million across Balochistan. The crackdown reflects the Federal Board of Revenue’s (FBR) increased focus on curbing illicit trade and safeguarding national revenue.
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