Author: Shahnawaz Akhter

  • FBR Issues Timeline for ATL 2025 Publication

    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.

    FBR launches IRIS 2.0
  • PSX crosses historic 136,000 points milestone in midday trade

    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.

    PSX KSE-100
  • FBR demands property values in 2025 tax returns

    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.

    Income Tax Return FBR
  • Goods transporters support July 19 strike against tax laws

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    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.

    finance act 2025
  • Sales Tax Exemptions on Imports Soar by 74% in FY2025

    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.

    Tax Budget
  • Karachi Property Valuations and New Tax Changes

    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.

    FBR White
  • FBR unleashes digital dragnet in tax fraud crackdown

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    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…

    FBR Image 01 New
  • FBR harassing exporters on tax fraud allegations: FTO

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    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.

    Federal Tax Ombudsman Return Filing
  • Ready to File Your 2025 Tax Return? Start by Registering with FBR

    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.

    FBR launches IRIS 2.0
  • Return filing 2025 now mandatory for income above Rs300,000

    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).

    Tax Return Filing