Pakistan Revenue
Islamabad, October 28, 2025 – The Federal Board of Revenue (FBR) on Tuesday strongly denied reports suggesting a cyber breach of its IT infrastructure, asserting that the Federal Tax Ombudsman’s (FTO) order regarding cyber-security had been misinterpreted by media outlets.
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Lahore, October 28, 2025 – Mounting frustration over persistent technical glitches in the Federal Board of Revenue’s (FBR) IRIS portal has pushed the Lahore Tax Bar Association (LTBA) to take an unprecedented step — appealing directly to Prime Minister Muhammad Shehbaz Sharif for intervention.
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Karachi, October 28, 2025 – In a dramatic last-minute twist, the Federal Board of Revenue (FBR) has rolled out yet another modification to the income tax return form for tax year 2025, catching taxpayers and tax consultants completely off guard — just three days before the extended filing deadline.
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Karachi, October 28, 2025 – The Karachi Tax Bar Association (KTBA) has raised alarm over a critical glitch on the Federal Board of Revenue’s (FBR) IRIS portal, which is preventing taxpayers from applying for the 2025 income tax return filing extension—just days before the October 31 deadline.
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Karachi, October 27, 2025 – Pakistan’s roaring stock market rally has sent tax revenues soaring, with Capital Gain Tax (CGT) collection jumping by an astonishing 559% in the first quarter (July–September) of FY2025–26, according to official data.
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Karachi, October 27, 2025 – The SITE Association of Industries (SAI) has strongly criticized Pakistan’s telecom operators and internet service providers over persistent network issues, labeling their performance as substandard and damaging to business operations.
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Islamabad, October 27, 2025 – The Federal Board of Revenue (FBR) has announced mandatory implementation of Unique Identification Marking (UIM) on cement products as part of its electronic monitoring under the Track and Trace System.
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The Federal Board of Revenue (FBR) allows taxpayers in Pakistan to adjust certain losses against income under specific conditions, as provided in the Income Tax Ordinance, 2001.
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Karachi, October 25, 2025 — The Federal Board of Revenue (FBR) has issued a detailed explanation regarding the property valuation table for immovable properties in Karachi, implemented through a statutory regulatory order (SRO) issued in October 2024.
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Islamabad, October 24, 2025 – The Federal Tax Ombudsman (FTO) has sounded a serious alarm over the Federal Board of Revenue’s (FBR) weak cybersecurity systems, revealing that hackers may have gained repeated unauthorized access to taxpayers’ confidential data.
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