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…)Author: Shahnawaz Akhter
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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.
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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.
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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.
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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.
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FBR hands KCCI tax assessment to LTO Karachi in major move
Karachi, November 19, 2025 – In a bold move signaling tighter scrutiny on Pakistan’s business elite, the Federal Board of Revenue (FBR) has transferred the high-profile tax assessment case of the Karachi Chamber of Commerce and Industry (KCCI) to the Large Taxpayers Office (LTO) Karachi.
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FBR issues draft insurance guarantee format for export facilitation scheme
Islamabad, November 18, 2025 – The Federal Board of Revenue (FBR) has released a detailed draft of the insurance guarantee format required under Pakistan’s Export Facilitation Scheme (EFS), originally notified through SRO 957(I)/2021.
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FBR imposes penalties for 2025 wealth statement non-submission
Karachi, November 18, 2025 – The Federal Board of Revenue (FBR) has announced penalties for taxpayers who fail to submit their wealth statements for the tax year 2025.
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Pakistan mandates 100% X-ray scanning for all Afghan transit trade cargo (ATT)
Islamabad, November 17, 2025 – In a significant move to enhance supply chain security and mitigate elevated security risks, Pakistan has mandated 100% Non-Intrusive Inspection (NII) scanning for all consignments under the Afghan Transit Trade (ATT) regime.
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Pakistan’s FDI falls 26% in first four months of FY26
Karachi, November 17, 2025 – Pakistan has recorded a significant 26% decline in foreign direct investment (FDI) during the first four months of fiscal year 2025-26, according to fresh data released by the State Bank of Pakistan (SBP) on Monday.
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