Pakistan Revenue
Karachi, November 5, 2025 – K-Electric Limited (KE) announced on Wednesday that the Sindh High Court (SHC) has granted an interim relief order in favor of the company, restricting the National Electric Power Regulatory Authority (NEPRA) from taking any coercive action against it.
Continue Reading
Islamabad, November 5, 2025 – The Federal Board of Revenue (FBR) has officially extended the deadline for filing income tax returns for Tax Year 2025 until November 30, 2025, while also phasing out manual return submissions in favor of a fully digital system.
Continue Reading
Islamabad, November 5, 2025 – Pakistan’s trade deficit surged by a massive 38% during the first four months (July–October) of fiscal year 2025–26, driven by rising imports and shrinking exports, according to official data released by the Pakistan Bureau of Statistics (PBS) on Wednesday.
Continue Reading
Karachi, November 5, 2025 – In a major regulatory move, the State Bank of Pakistan (SBP) has imposed hefty penalties totaling nearly Rs1.5 billion on the National Bank of Pakistan (NBP) following the detection of counterfeit banknotes in its operations.
Continue Reading
Islamabad, November 4, 2025 – In a major crackdown move, the Federal Board of Revenue (FBR) has unleashed a sweeping new rule to bring thousands of retailers under digital supply chain surveillance, tightening the noose on tax evasion and undocumented trade.
Continue Reading
Islamabad, November 4, 2025 – In a surprising and controversial move, the Federal Board of Revenue (FBR) has proposed making electronic filing of income tax returns mandatory for all individuals, effectively phasing out manual filing completely.
Continue Reading
Islamabad, November 4, 2025 – The Federal Board of Revenue (FBR) has officially announced that taxpayers who missed the October 31 deadline can now file their income tax returns for Tax Year 2025 until November 15, 2025.
Continue Reading
Karachi, November 3, 2025 – The Karachi Tax Bar Association (KTBA) has come out swinging against the Federal Board of Revenue (FBR), accusing it of gross mismanagement, repeated violations of tax laws, and making a mockery of the 2025 tax return filing process.
Continue Reading
Lahore, November 3, 2025 – In a fiery resolution passed on Monday, the Lahore Tax Bar Association (LTBA) blasted the Federal Board of Revenue (FBR) for what it called an “unprofessional, arbitrary, and legally questionable” refusal to extend the income tax return filing deadline for Tax Year 2025.
Continue Reading
Karachi, November 3, 2025 – The Karachi Tax Bar Association (KTBA) has strongly criticized the Federal Board of Revenue (FBR) for its uncompromising stance on refusing to extend the income tax return filing deadline for the Tax Year 2025, despite persistent technical glitches on the IRIS online portal.
Continue Reading