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.
(more…)Author: Shahnawaz Akhter
-
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.
(more…) -
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.
(more…) -
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.
(more…) -
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.
(more…) -
FBR issues strict warning to tax officials against seeking influenced postings
Islamabad, November 19, 2025: The Federal Board of Revenue (FBR) on Wednesday reiterated strict action against tax officials attempting to use political or personal influence to secure choice postings, warning that such conduct constitutes serious misconduct under civil service rules.
(more…) -
KCAA confirms container backlog cleared at Karachi International Container Terminal
Karachi, November 19, 2025: The Karachi Customs Agents Association (KCAA) on Wednesday confirmed that the recent backlog of containers at the Karachi International Container Terminal (KICT) has been successfully cleared, restoring normal operations at the busy port.
(more…) -
Builders, developers unable to download tax return evidence: KTBA highlights IRIS glitch
Karachi, November 19, 2025: The Karachi Tax Bar Association (KTBA) on Wednesday raised concerns over a technical issue preventing builders and developers from downloading a PDF copy of their 2025 income tax returns filed via the FBR’s IRIS portal.
(more…) -
FPCCI applauds FBR’s measures to streamline Karachi port cargo operations
Karachi, November 19, 2025: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday lauded the Federal Board of Revenue’s (FBR) proactive efforts to remove operational bottlenecks at Karachi port terminals, aiming to enhance trade efficiency and facilitate smoother cargo movement.
(more…) -
FBR tightens grip on retailers with advanced video surveillance
Karachi, November 19, 2025 – In a groundbreaking move to clamp down on tax evasion, the Federal Board of Revenue (FBR) is rolling out high-tech video surveillance across retail outlets and manufacturing units, aiming to track sales, purchases, and production processes in real time.
(more…)