Karachi, November 24, 2025 – The Federal Board of Revenue (FBR) has outlined the rules and limits for tax credit on charitable donations for the tax year 2026 under the updated Income Tax Ordinance, 2021.
(more…)Author: Shahnawaz Akhter
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FBR highlights major gains from digitalization of tax system
Islamabad, November 24, 2025 – The Federal Board of Revenue (FBR) announced significant improvements in Pakistan’s tax administration, crediting ongoing digitalization efforts for strengthening tax operations and enhancing taxpayer services.
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Pakistan to unveil comprehensive tax simplification strategy by 2026
Islamabad, November 23, 2025: Pakistan is set to introduce a comprehensive tax simplification strategy next year, a key step recommended by the International Monetary Fund (IMF) to strengthen governance and enhance public sector efficiency.
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FBR digitizes cotton bale tracking to curb tax evasion in textile industry
Islamabad, November 22, 2025 – The Federal Board of Revenue (FBR) has intensified scrutiny of the textile industry by officially rolling out an electronic monitoring system that uses video analytics to track the processing of cotton bales in textile spinning units.
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FBR updates rules for persons not appearing in 2025 Active Taxpayers List (ATL)
Islamabad, November 22, 2025 – The Federal Board of Revenue (FBR) has issued updated rules regarding individuals and entities not appearing in the Active Taxpayers List (ATL) for the tax year 2025.
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IMF highlights fragmented asset declaration system for officials in Pakistan
Islamabad, November 22, 2025 – The International Monetary Fund (IMF) has highlighted that Pakistan’s asset declaration system is fragmented, with different rules for government officials, military personnel, and the judiciary.
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Pakistan lifts ban on import and export of jewelry and precious metals
Islamabad, November 21, 2025 – Pakistan on Friday lifted the ban on the import and export of jewelry and precious metals, introducing new regulations with certain conditions to ensure compliance and traceability.
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MTO Karachi to conduct tax return awareness seminars for traders and industries
Karachi, November 21, 2025 – The Medium Taxpayers Office (MTO) Karachi has announced a series of awareness seminars aimed at helping traders, SMEs, and industrialists file accurate tax returns and comply with key documentation requirements.
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FBR sets up check posts to monitor goods from tax-exempt areas
Islamabad, November 21, 2025 — The Federal Board of Revenue (FBR) has set up new check posts to closely monitor the movement of goods coming from tax-exempt regions. The step aims to prevent misuse of tax exemptions and ensure proper documentation of goods entering taxable areas.
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IMF highlights ad hoc tax policy changes and governance weaknesses in Pakistan
Islamabad, November 20, 2025 – The International Monetary Fund (IMF) has raised concerns over Pakistan’s fiscal and governance framework in its Technical Assistance Report, November 2025, noting that tax policy changes are frequently implemented in an ad hoc manner without prior notice.
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