Karachi, October 3, 2025 – The Pakistan Stock Exchange (PSX) has formally announced the delisting of Philip Morris (Pakistan), one of the leading cigarette manufacturers in the country.
(more…)Author: Shahnawaz Akhter
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Record Rs556bn Tax Paid by Salaried Class in FY25
Islamabad, October 3, 2025 – The salaried class contributed a record Rs556 billion in withholding income tax during fiscal year 2024-25, according to withholding tax collection data released by the Federal Board of Revenue (FBR).
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FBR may impose economic restrictions on 2025 tax non-filers
Islamabad, October 2, 2025 – The Federal Board of Revenue (FBR) is preparing to invoke strict economic restrictions on individuals who fail to file their income tax returns for the year 2025.
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PSO Reveals Income Tax Contingencies Up to June 2025
Karachi, October 2, 2025 – Pakistan State Oil (PSO), the country’s largest energy supplier, has disclosed a series of income tax contingencies in its financial statements up to June 2025, highlighting long-standing disputes with the Federal Board of Revenue (FBR).
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FBR slaps additional 40% regulatory duty on imported cars
Islamabad, October 2, 2025 – The Federal Board of Revenue (FBR) has announced a significant policy move by imposing an additional 40% regulatory duty on the import of vehicles.
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High-profile IRS officer fired amid FBR corruption probe
Islamabad, October 1, 2025 – The Federal Board of Revenue (FBR) has dismissed a senior Inland Revenue Service (IRS) officer after concluding disciplinary proceedings on charges of inefficiency, misconduct, and corruption.
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FBR Delays ATL 2025 Release to October 16
Islamabad, October 1, 2025 – The Federal Board of Revenue (FBR) announced on Wednesday that the release of the Active Taxpayers List (ATL) for the tax year 2025 has been postponed for 15 days.
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FBR Promotion Exam 2025: IR Inspector Post via FPSC
Islamabad, October 1, 2025 – The Federal Board of Revenue (FBR) has officially announced that a departmental promotion examination will be held through the Federal Public Service Commission (FPSC) for the much-anticipated post of Inland Revenue Inspector (BS-16).
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FBR extends 2025 tax return filing deadline to Oct 15
Islamabad, September 30, 2025 – The Federal Board of Revenue (FBR) has officially extended the deadline for filing income tax return for tax year 2025 until October 15, 2025.
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KTBA slams FBR over 2025 return filing disaster, demands apology
Karachi, September 30, 2025 – In a scathing attack on the Federal Board of Revenue (FBR), the Karachi Tax Bar Association (KTBA) has accused the tax authority of creating a “2025 return filing disaster” through mismanagement of its online system, IRIS.
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