Pakistan Revenue
Karachi, June 29, 2025 – In a significant legislative development, the Finance Act, 2025 has introduced sweeping changes to the powers of Inland Revenue (IR) officers by granting them the authority of a civil court during the course of inquiries under the Sales Tax Act, 1990.
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Karachi, June 29, 2025 – In a groundbreaking development, the government has tightened the noose around non-compliant taxpayers with the introduction of Section 14AD through the Finance Act, 2025, effectively linking property transactions with sales tax registration. Under the newly introduced section of the Sales Tax Act, 1990, any person who fails to obtain registration […]
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Karachi, June 29, 2025 – In a powerful move aimed at tightening the noose around tax evaders, the Federal Board of Revenue (FBR) is all set to unleash a bold and unprecedented enforcement measure starting July 1, 2025: blocking bank accounts of individuals and entities who fail to register for tax despite making taxable supplies.
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Karachi, June 29, 2025 – The Large Taxpayers Office (LTO) Karachi has shattered expectations by crossing the monumental Rs3 trillion mark in tax collection — and it’s not done yet. With just two days remaining in the fiscal year 2024–25, LTO Karachi is charging ahead with a fierce determination to breach Rs3.25 trillion, turning heads […]
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Karachi, June 29, 2025 – The Finance Act, 2025 has introduced a major amendment to the Sales Tax Act, 1990, empowering the Federal Board of Revenue (FBR) to impose penalties on taxpayers who have received erroneous refund of sales tax.
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Karachi, June 29, 2025 – In a significant move to tighten tax compliance, the Federal Board of Revenue (FBR) has been granted enhanced powers under the Finance Act, 2025, to recover sales tax based on the information derived from withholding income tax deductions.
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Karachi, June 29, 2025 – In a move to tighten compliance and close legal loopholes, the government has significantly expanded the definition of fraud under Sales Tax Act, 1990 through the newly enacted Finance Act, 2025.
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Karachi, June 29, 2025 – In a major step toward modernizing border control and trade monitoring, the Federal Board of Revenue (FBR) is set to establish digital customs enforcement stations across Pakistan to strengthen efforts against smuggling and illicit trade.
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Karachi, June 29, 2025 – The government has introduced a key amendment to the Customs Act, 1969 through the Finance Act, 2025, specifically targeting delays in customs auctions caused by legal stays.
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Islamabad, June 29, 2025 – In a landmark move towards digitizing cargo movement and improving trade transparency, the federal government has introduced a formal e-bilty mechanism for tracking goods across Pakistan.
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