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Author: Shahnawaz Akhter

FBR launches IRIS 2.0

FBR Issues Timeline for ATL 2025 Publication

July 14, 2025July 14, 2025Shahnawaz Akhter

Karachi, July 14, 2025 – If you’re a taxpayer in Pakistan, now’s the time to pay close attention. The Federal Board of Revenue (FBR) has officially released the schedule for the Active Taxpayers List (ATL) for the tax year 2025—and the countdown has already begun.

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PSX KSE-100

PSX crosses historic 136,000 points milestone in midday trade

July 14, 2025July 14, 2025Shahnawaz Akhter

Karachi, July 14, 2025 – In a remarkable show of investor confidence, the Pakistan Stock Exchange (PSX) surpassed the milestone of 136,000 points during midday trading on Monday, marking a historic high for the country’s capital markets.

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Income Tax Return FBR

FBR demands property values in 2025 tax returns

July 14, 2025July 14, 2025Shahnawaz Akhter

ISLAMABAD, July 14, 2025 – Are you among the return filers for tax year 2025? If yes, and you own immovable property, there’s a crucial update you need to know: the Federal Board of Revenue (FBR) now requires you to declare the fair market value of all your properties in your tax return.

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finance act 2025

Goods transporters support July 19 strike against tax laws

July 13, 2025July 13, 2025Shahnawaz Akhter

Karachi, July 13, 2025 — In a dramatic turn of events, goods transporters from every corner of Pakistan have thrown their full weight behind the July 19 strike against the controversial tax laws introduced through the Finance Act, 2025.

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Tax Budget

Sales Tax Exemptions on Imports Soar by 74% in FY2025

July 13, 2025July 13, 2025Shahnawaz Akhter

Karachi, July 13, 2025 – The Federal Board of Revenue (FBR) has revealed a substantial increase in sales tax exemptions on imports, marking a 74% surge during the tax year 2025, as per the recently published Tax Expenditure Report 2025.

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FBR White

Karachi Property Valuations and New Tax Changes

July 13, 2025July 13, 2025Shahnawaz Akhter

Karachi, July 13, 2025 – The Karachi real estate sector is once again under the microscope as the Federal Board of Revenue (FBR) rolls out new tax reforms under the Finance Act, 2025, which will affect the property valuations.

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FBR Image 01 New

FBR unleashes digital dragnet in tax fraud crackdown

July 13, 2025July 13, 2025Shahnawaz Akhter

Karachi, July 13, 2025 – In a bold and unprecedented move, the Federal Board of Revenue (FBR) has launched a sweeping digital manhunt, targeting IP addresses used in filing sales tax returns linked to fraudulent and flying invoices. This aggressive crackdown aims to unmask the faceless perpetrators behind massive tax fraud operations that have bled […]

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Federal Tax Ombudsman Return Filing

FBR harassing exporters on tax fraud allegations: FTO

July 12, 2025July 12, 2025Shahnawaz Akhter

Karachi, July 12, 2025 — The Federal Tax Ombudsman (FTO) has strongly criticized the Federal Board of Revenue (FBR) for harassing exporters by arbitrarily blocking or suspending their Sales Tax Registration Numbers (STRNs) on unproven allegations of tax fraud — in direct violation of superior court rulings.

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FBR launches IRIS 2.0

Ready to File Your 2025 Tax Return? Start by Registering with FBR

July 12, 2025July 12, 2025Shahnawaz Akhter

Karachi, July 12, 2025 — Planning to file your income tax return for 2025? The Federal Board of Revenue (FBR) wants you to know that the first and most crucial step in the return filing process is registration.

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Tax Return Filing

Return filing 2025 now mandatory for income above Rs300,000

July 12, 2025July 12, 2025Shahnawaz Akhter

Islamabad, July 12, 2025 — Are you running a business and your annual income exceeds Rs300,000? If yes, then get ready — return filing for Tax Year 2025 is no longer optional. Mark your calendar: September 30, 2025, is the deadline for submitting your income tax return to the Federal Board of Revenue (FBR).

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  • Pakistan finalises launch of Digital Prize Bonds
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  • Pakistan Lifts Ban on Commercial Car Imports
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