Pakistan Revenue
Karachi, August 2, 2025 – The Federal Board of Revenue (FBR) has taken notice of growing concerns from the business community and has begun closely monitoring the conduct of tax officials, especially in cases where enforcement powers are being exercised.
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Islamabad, August 1, 2025 — The Federal Board of Revenue (FBR) has constituted two high-level committees to ensure accountability, fairness, and transparency in actions taken by tax officials under Section 37A and Section 40B of the Sales Tax Act, 1990.
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Islamabad, August 1, 2025 – The Federal Board of Revenue (FBR) on Friday announced a massive reshuffling of officers belonging to the Inland Revenue Service (IRS), transferring a total of 232 officers serving in BS-17 and BS-18.
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Islamabad, August 1, 2025 – In a significant administrative move, the Federal Board of Revenue (FBR) has announced large-scale transfers of senior Inland Revenue Service (IRS) officers from BS-20 to BS-22. The reshuffle aims to streamline operations, strengthen taxpayer services, and improve overall revenue performance across the country.
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Islamabad, August 1, 2025 – The Federal Board of Revenue (FBR) has officially issued revised deadlines for the integration of sales tax registered persons with its digital system for issuing electronic invoices.
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Karachi, August 1, 2025 – The Pakistan Stock Exchange (PSX) witnessed a historic day on Friday as the KSE-100 index surged past the 141,000-point mark for the first time ever.
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ISLAMABAD – The Federal Board of Revenue (FBR) has achieved a historic milestone, announcing that the number of active taxpayers in Pakistan has reached 7.5 million as of July 31, 2025.
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ISLAMABAD – In a landmark crackdown on financial crime, Pakistan has imposed a record monetary penalty of Rs111 billion on 13 import firms involved in a massive money laundering operation through inflated invoices on solar panel imports. This is one of the most significant trade-based money laundering cases in the country’s history, exposing deep-rooted vulnerabilities […]
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Karachi, July 31, 2025 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) soared by 978 points on Thursday, closing at 139,390 points compared to the previous session’s close of 138,412.
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Karachi, July 31, 2025 – In a significant move impacting the renewable energy sector, the Directorate General of Customs Valuation has released fresh customs values for imported solar inverters, aimed at ensuring a more transparent and market-aligned assessment of duties and taxes.
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