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Author: Shahnawaz Akhter

pakistan customs

FBR issues new SOP for container X-ray scanning in Pakistan

November 17, 2025November 17, 2025Shahnawaz Akhter

Karachi, November 17, 2025 – The Federal Board of Revenue (FBR) has issued a detailed Standard Operating Procedure (SOP) governing X-ray and Gamma-ray scanning of cargo containers at ports and terminals across Pakistan. The new procedure aims to strengthen border security while ensuring that goods are examined without damaging container integrity.

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Tax Budget

FBR set to punish withholding agents for concealing key information

November 16, 2025November 16, 2025Shahnawaz Akhter

Karachi, November 16, 2025 — The Federal Board of Revenue (FBR) is moving toward strict enforcement of penal provisions against withholding agents who fail to provide complete information about individuals involved in major financial transactions.

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FBR - Taxation

FBR explains sales tax exemption methodology for businesses

November 15, 2025November 15, 2025Shahnawaz Akhter

Karachi, November 15, 2025 — The Federal Board of Revenue (FBR) has provided detailed guidance on the methodology for accounting for sales tax exemptions in its tax expenditure reports.

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port activity

FBR announces withholding tax rates for imports in tax year 2026

November 15, 2025November 15, 2025Shahnawaz Akhter

Karachi, November 15, 2025 — The Federal Board of Revenue (FBR) has released the updated withholding tax rates for imported goods for the tax year 2026, providing guidance for importers, withholding agents, and other stakeholders.

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pakistan customs

Appraising officer penalized for aiding misdeclaration at Pakistan Customs

November 14, 2025November 14, 2025Shahnawaz Akhter

Karachi, November 14, 2025 – The Federal Board of Revenue (FBR) has imposed a major penalty on a Pakistan Customs appraising officer after he was found guilty of facilitating misdeclaration that benefitted importers and caused significant revenue loss to the national exchequer.

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FBR Image 01 New

FBR reports eight-fold rise in FY2025 revenue through enforcement measures

November 14, 2025November 14, 2025Shahnawaz Akhter

Islamabad, November 14, 2025 — The Federal Board of Revenue (FBR) announced a remarkable eight-fold increase in revenue collection for the fiscal year 2024–25, attributing the surge to new enforcement initiatives, governance reforms, and enhanced transparency.

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pakistan customs

Customs officer faces major penalty for facilitating smuggling at Lahore Airport

November 13, 2025November 13, 2025Shahnawaz Akhter

Islamabad, November 13, 2025 – The Federal Board of Revenue (FBR) has imposed a major penalty on a customs officer for facilitating the clearance of smuggled goods at Lahore Airport.

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FBR Pakistan Karachi

False Statement Alert: 2025 Tax Return Filers Face Major FBR Crackdown

November 13, 2025November 13, 2025Shahnawaz Akhter

Islamabad, November 13, 2025 — The Federal Board of Revenue (FBR) has warned that strict action awaits 2025 return filers who have submitted false or misleading information in their electronically filed income tax returns.

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Income Tax Return FBR

FBR imposes heavy fines for non-filing of 2025 income tax returns

November 13, 2025November 13, 2025Shahnawaz Akhter

Islamabad, November 13, 2025 — The Federal Board of Revenue (FBR) has officially notified strict monetary penalties for taxpayers who fail to file their 2025 income tax returns within the due date, marking one of the most stringent enforcement measures in recent years.

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SBP governor urges collaboration to accelerate Pakistan’s digital banking future

November 12, 2025November 12, 2025Shahnawaz Akhter

Karachi, November 12, 2025 — Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad, has called for collective efforts from regulators, banks, fintechs, and policymakers to accelerate the transition toward a digitally empowered economy.

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