Karachi, October 14, 2025 — The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has urged the Federal Board of Revenue (FBR) to extend the income tax return filing deadline from October 15 to November 30, 2025.
(more…)Author: Shahnawaz Akhter
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Bilwani resigns as KCCI president; Hanif takes charge
Karachi, October 14, 2025 – The Executive Committee of the Karachi Chamber of Commerce and Industry (KCCI) has officially accepted the resignation of Muhammad Jawed Bilwani, who stepped down from his role as President along with Senior Vice President Zia ul Arfeen and Vice President Faisal Khalil Ahmed.
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SBP launches digital financing platform to empower farmers
Karachi, October 14, 2025 – The State Bank of Pakistan (SBP) has launched the National Subsistence Farmers Support Initiative (NSFSI) under the Risk Coverage Scheme for Small Farmers and Underserved Areas, aiming to enhance access to agricultural credit for small and marginalized farmers.
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LTBA seeks PM’s help for 2025 return filing extension
Lahore, October 13, 2025 – The Lahore Tax Bar Association (LTBA) has appealed to Prime Minister Shehbaz Sharif to grant a further extension in the 2025 income tax return filing deadline, citing persistent technical glitches in the Federal Board of Revenue’s (FBR) IRIS portal that continue to obstruct timely filing.
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IRSOA denounces attack on FBR officials, demands strict action
Islamabad, October 13, 2025 – The Inland Revenue Service Officers Association (IRSOA) has vehemently condemned the recent cowardly attack on officials of the Federal Board of Revenue (FBR) who were performing their lawful duties near Kohat Toll Plaza under Section 40D of the Sales Tax Act, 1990.
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FPCCI seeks relief in 2025 return deadline to Oct 31
Karachi, October 13, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called upon the Federal Board of Revenue (FBR) to extend the income tax return filing deadline for Tax Year 2025 to October 31, 2025, in order to ease the growing difficulties faced by taxpayers and businesses.
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PM Shehbaz fires senior FBR officer in corruption case
Islamabad, October 13, 2025 – In a decisive move to uphold integrity and transparency within government institutions, Prime Minister Muhammad Shehbaz Sharif has approved a major penalty against Rana Waqar Ali, a BS-20 officer of the Inland Revenue Service (IRS), following his proven involvement in corruption and misconduct.
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KTBA recommends Nov 15 as new 2025 return filing deadline
Karachi, October 13, 2025 – The Karachi Tax Bar Association (KTBA) has strongly recommended that the Federal Board of Revenue (FBR) extend the 2025 income tax return filing deadline to November 15, citing persistent technical glitches and legal ambiguities on the FBR’s online filing system.
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Internet tax collection in Pakistan soars 138% in FY25
Karachi, October 13, 2025 – The Federal Board of Revenue (FBR) has reported a remarkable 138% surge in tax collection from internet services during the fiscal year 2024–25, reflecting Pakistan’s accelerating shift toward a digital economy.
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PM Shehbaz imposes penalty on BS-20 IRS officer for misconduct
Islamabad, October 13, 2025 – Prime Minister Muhammad Shehbaz Sharif has imposed a minor penalty on Amjad Farooq, a BS-20 officer of the Inland Revenue Service (IRS), currently serving as Chief (Admin Pool) at the Federal Board of Revenue (FBR) Headquarters, Islamabad.
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