Karachi, August 12, 2025 – Abdul Qadeer Abbasi, a BS-19 officer of the Inland Revenue Service (IRS), has officially assumed charge as the Commissioner of the Automatic Exchange of Information (AEOI) Zone in Karachi.
(more…)Author: Shahnawaz Akhter
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FBR to deploy four experts for auto sector audit
Islamabad, August 12, 2025 – The Federal Board of Revenue (FBR) has announced plans to deploy four specialized industry experts for an extensive audit of the automotive sector.
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Who is taxpayer in Pakistan? FBR explains
Islamabad, August 11, 2025 – The Federal Board of Revenue (FBR) has issued an official clarification on the definition of a taxpayer in Pakistan for the tax year 2026 (July 2025 to June 2026), aiming to remove ambiguities for individuals and businesses regarding their tax obligations.
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FBR explains startup criteria for tax year 2026
Karachi, August 11, 2025 – The Federal Board of Revenue (FBR) has issued an explanation on the definition and eligibility criteria for a startup under the Income Tax Ordinance, 2001, applicable for the tax year 2026 (July 2025 to June 2026).
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FPCCI demands revocation of retrospective gas billing
Karachi, August 11, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called on the federal government to immediately withdraw retrospective gas billings imposed on industrial and commercial consumers.
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LTBA challenges 2025 return filing without notification
Lahore, August 11, 2025 – In a move that could send shockwaves through Pakistan’s tax community, the Lahore Tax Bar Association (LTBA) has delivered a stinging rebuke to the Federal Board of Revenue (FBR), challenging the legality of the ongoing 2025 return filing process — which, astonishingly, has commenced without the issuance of a formal notification.
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Okara Tax Bar flags glitches in 2025 annual return filing
August 11, 2025 – The Okara Tax Bar Association has raised serious concerns over persistent glitches in the annual return filing process for tax year 2025, urging the Federal Board of Revenue (FBR) to address the issues on an urgent basis.
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FBR identifies Tier-1 retailers for tax year 2026
Islamabad, August 2025 – The Federal Board of Revenue (FBR) has officially identified Tier-1 retailers for the tax year 2026 (covering July 2025 to June 2026), in line with updated sales tax regulations.
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FBR defines public company for tax year 2026
Islamabad, August 10, 2025 – To help taxpayers understand corporate taxation, the Federal Board of Revenue (FBR) has issued a detailed clarification on what qualifies as a public company under Pakistan’s tax laws for the tax year 2026, covering the period from July 2025 to June 2026.
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What is permanent establishment under Pakistan’s tax laws?
Islamabad, August 10, 2025 – The Federal Board of Revenue (FBR) has issued a detailed explanation of the concept of permanent establishment under Pakistan’s income tax laws to remove ambiguities and help businesses correctly determine their tax liabilities.
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