Pakistan Revenue
Islamabad, July 29, 2025 – The Federal Board of Revenue (FBR) has issued a new statutory regulatory order, SRO 1360(I)/2025, introducing a key procedural change for importers.
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Karachi, July 29, 2025 – The Pakistan Stock Exchange (PSX) witnessed a sharp decline on Tuesday, as the benchmark KSE-100 index dropped by 1.02% day-on-day amid growing uncertainty over upcoming corporate earnings announcements.
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KARACHI, July 29, 2025 – The Federal Board of Revenue (FBR) has released comprehensive guidelines for taxpayers seeking to change or update their personal details through the IRIS portal – FBR’s official online system for income tax return filing.
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ISLAMABAD, July 29, 2025 – The Federal Board of Revenue (FBR) has officially reconstituted the committee responsible for evaluating applications related to the integration of registered persons under the Sales Tax Rules, 2006.
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Karachi, July 28, 2025 – The Federal Board of Revenue (FBR) has initiated the long-awaited process of issuing deferred sales tax refunds to exporters, particularly those outside the five zero-rated export sectors.
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Islamabad, July 28, 2025 – The Federal Board of Revenue (FBR) has officially assigned additional responsibilities to a senior official through a notification issued on Monday. As per the announcement, Mohammad Iqbal, a BS-22 officer of the Inland Revenue Service, has been given the additional charge of the post of Member (IR Operations), in addition […]
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The Federal Board of Revenue (FBR) has released the updated withholding tax card for salary income, applicable during the tax year 2025-26. This withholding mechanism is crucial for salaried individuals, as it outlines how tax is to be deducted from salary income by employers throughout the fiscal year.
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Karachi, July 28, 2025 – Investment in premium prize bonds witnessed a significant rise of 7.83% during the fiscal year 2024–25, reflecting increased public interest in secure and transparent savings instruments.
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The Federal Board of Revenue (FBR) has been given fresh authority to fix retail prices of goods as part of the Finance Act, 2025 — a move aimed at tightening control over tax evasion in Pakistan’s markets.
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Karachi, July 26, 2025 – Collector Customs (Enforcement), Karachi, Moinuddin Wani, has clearly stated that holding illegal goods is considered smuggling under the law. Speaking to the Karachi Chamber of Commerce and Industry (KCCI), he said: “If a trader is found with undeclared or illegally imported items, it falls under smuggling.”
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