Pakistan Revenue
Karachi, July 10, 2025 – In a dramatic turn of events, the Federal Board of Revenue (FBR) has been stripped of its controversial powers to arrest the CEO and CFO of companies allegedly involved in tax fraud.
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Karachi, July 10, 2025 – The Federal Board of Revenue (FBR) has launched a targeted initiative to monitor and document the activities of vendors operating on online marketplace platforms, aiming to bring more e-commerce participants into the tax net.
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Karachi, July 9, 2025 – Pakistan has achieved a major milestone by receiving an all-time high of $38.3 billion in remittances during the fiscal year 2024–25, according to data released by the State Bank of Pakistan (SBP) on Wednesday.
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Islamabad, July 9, 2025 – The Federal Board of Revenue (FBR) has granted sweeping tax exemptions and concessions on the import of 0.5 million metric tons (MMT) of white crystalline sugar, aimed at stabilizing domestic supply and curbing rising prices.
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Karachi, July 9, 2025 – Planning to file your income tax return for Tax Year 2025? Get ready – because this time, having a bank account is no longer optional. The Federal Board of Revenue (FBR) has made it mandatory for salaried individuals to declare their bank accounts while filing their income tax return.
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Islamabad, July 9, 2025 — In a dramatic turn of events, the much-publicized law to impose economic restrictions on ineligible persons has been quietly altered through a seemingly subtle clause—raising serious concerns over the intent and timing of its enforcement.
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Multan, July 9, 2025 — A thunderous wave of resistance is sweeping across Pakistan as the business community unites in fierce opposition to the sweeping arrest and investigation powers granted to the Federal Board of Revenue (FBR) through the controversial Finance Act, 2025.
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Islamabad – July 8, 2025: In a move set to ease the tax filing burden on millions of employees, the Federal Board of Revenue (FBR) has launched a simplified income tax return form exclusively for salaried individuals for Tax Year 2025.
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Islamabad, July 8, 2025 – In a bold fiscal strike that has sent shockwaves across Pakistan’s real estate market, the Federal Board of Revenue (FBR) has enforced enhanced advance tax rates on the sales and transfers of immovable property, effective July 1, 2025.
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Karachi, July 8, 2025 – The federal government is set to raise a record Rs5.57 trillion through borrowing via auctions of government securities during the first quarter (July–September) of the fiscal year 2025-26, as part of its ongoing efforts to manage the budget deficit and fund public expenditure.
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