Pakistan Revenue
Islamabad, October 10, 2025 – In a significant move toward strengthening tax enforcement, the Federal Board of Revenue (FBR) has been granted full access to national databases in real time, empowering the agency to enhance its monitoring and compliance mechanisms across the country.
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The Sales Tax Act, 1990 clearly explains how official notices, orders, or decisions related to sales tax should be legally delivered to individuals and businesses. According to the Federal Board of Revenue (FBR), these procedures, mentioned in Section 56 of the Act, will continue to apply during the tax year 2025–26.
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Islamabad, October 9, 2025 – The Federal Board of Revenue (FBR) has reported a significant rise in revenue from withholding tax on electricity, collecting Rs146 billion during fiscal year 2024–25.
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Karachi, October 9, 2025 – Pakistan’s foreign exchange (forex) reserves recorded a slight increase, reaching $19.81 billion by the week ended October 3, 2025, according to data released by the State Bank of Pakistan (SBP) on Thursday.
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Islamabad, October 9, 2025 – Taxpayers across the country should brace for strict enforcement actions as the Inland Revenue (IR) officers of the Federal Board of Revenue (FBR) begin implementing provisions for the recovery of outstanding sales tax arrears under the Sales Tax Act, 1990.
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Karachi, October 9, 2025 – The President of the Karachi Tax Bar Association (KTBA), Ali A. Rahim, has warned taxpayers to remain vigilant against unauthorized intermediaries offering online income tax return filing services.
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Karachi, October 9, 2025 – Pakistan’s workers’ remittances from the United States dropped by 10% during the first quarter (July–September) of fiscal year 2025–26, according to new data released by the State Bank of Pakistan (SBP).
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Islamabad, October 8, 2025 – The Federal Board of Revenue (FBR) has announced that all sales tax de-registration requests must now be processed exclusively through the computerized system, eliminating manual applications altogether.
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Karachi, October 8, 2025 – Pakistan Petroleum Limited (PPL) has announced a significant gas discovery in the Kotri North Block located in Sindh province, marking another milestone in the country’s search for local energy resources.
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Karachi, October 8, 2025 – The Karachi Tax Bar Association (KTBA) has called on the Federal Board of Revenue (FBR) to remove all pending requests for return filing deadline extensions from the IRIS portal.
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