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Author: Shahnawaz Akhter

FBR - Taxation

FBR confirms no extension in 2025 return filing deadline

September 29, 2025September 29, 2025Shahnawaz Akhter

Islamabad, September 29, 2025 – The Federal Board of Revenue (FBR) has officially confirmed that the deadline for return filing of income for the tax year 2025 will not be extended beyond September 30, 2025.

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FBR Building

FBR warns strict penalties for non-filing of 2025 tax returns

September 28, 2025September 28, 2025Shahnawaz Akhter

Islamabad, September 28, 2025 – The Federal Board of Revenue (FBR) has issued a strong warning as the tax deadline Pakistan 2025 approaches. The last date for income tax return filing 2025 is September 30, and the FBR has made it clear that penalties will be enforced for non-filing of returns.

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Tax Return Filing

PTAA seeks tax return filing deadline till Nov 30

September 28, 2025September 28, 2025Shahnawaz Akhter

Islamabad, September 28, 2025 – The Pakistan Tax Advisors Association (PTAA) has formally appealed to the Federal Board of Revenue (FBR) to extend the last date for filing income tax returns for the tax year 2025. In its request, PTAA urged that the current deadline of September 30 should be moved to November 30, 2025, […]

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sindh high court

SHC rules in favor of FBR on e-invoicing dispute

September 28, 2025September 28, 2025Shahnawaz Akhter

Karachi, September 23, 2025 – The Sindh High Court has dismissed a constitutional petition filed by M/s. Gama Lux Oleochemicals Limited challenging the Federal Board of Revenue’s (FBR) move to make electronic invoicing mandatory for registered taxpayers.

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FBR White

Rates of Sales Tax Default Surcharge for 2025-26

September 27, 2025September 27, 2025Shahnawaz Akhter

Karachi, September 27, 2025 – The Federal Board of Revenue (FBR) has announced that the levy of default surcharge will continue during the tax year 2025-26 for all cases of non-compliance with the Sales Tax Act, 1990.

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FBR Building

FBR makes online jurisdiction change mandatory

September 27, 2025September 27, 2025Shahnawaz Akhter

Islamabad, September 27, 2025 – The Federal Board of Revenue (FBR) has issued fresh instructions restricting all requests for jurisdiction changes to its online system.

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FBR Image 01 New

FBR withdraws market value from 2025 tax filings

September 26, 2025September 26, 2025Shahnawaz Akhter

Islamabad, September 26, 2025 – The Federal Board of Revenue (FBR) has officially withdrawn the controversial column requiring taxpayers to declare the estimated market value of their assets in the annual income tax return for tax year 2025.

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FBR Blue

FBR keeps IR offices open ahead of return deadline

September 26, 2025September 26, 2025Shahnawaz Akhter

Islamabad, September 26, 2025 – The Federal Board of Revenue (FBR) has issued instructions to Inland Revenue (IR) offices to remain operational on Saturday, September 27, and Sunday, September 28, treating them as regular working days.

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Federal Tax Ombudsman Return Filing

FTO probes controversial changes to wealth statement

September 26, 2025September 26, 2025Shahnawaz Akhter

Islamabad, September 26, 2025 – The Federal Tax Ombudsman (FTO) has initiated an investigation into recent changes made to the wealth statement, a crucial component of the annual income tax return.

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FBR Building

FBR excludes key income tax exemptions from estimates

September 26, 2025September 26, 2025Shahnawaz Akhter

Islamabad, September 26, 2025 – The Federal Board of Revenue (FBR) has clarified that several income tax exemptions and concessions have been deliberately excluded from its official estimates in the newly issued Tax Expenditure Report 2025.

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  • Finance Bill 2026 introduces faceless audit and assessment regime to transform tax administration June 13, 2026
  • Finance Bill, 2026: Freezing of assets under Customs Act, 1969 June 13, 2026
  • FBR establishes technical and business committees to rectify Finance Bill 2026 anomalies June 13, 2026
  • Pakistan hardens petroleum levy laws; grants FBR sweeping recovery powers against OMCs June 13, 2026
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  • Finance Bill 2026 introduces faceless audit and assessment regime to transform tax administration
  • Finance Bill, 2026: Freezing of assets under Customs Act, 1969
  • FBR establishes technical and business committees to rectify Finance Bill 2026 anomalies
  • Pakistan hardens petroleum levy laws; grants FBR sweeping recovery powers against OMCs
  • Pakistan eyes record Rs1.676 trillion petroleum levy in FY2026-27 Budget
  • Budget 2026–27: FBR assigned ambitious target of Rs15.26 trillion
  • Pakistan Budget 2026-27 at a Glance
  • Finance Bill, 2026: Salient Features of Income Tax Measures
  • Finance Bill, 2026: Major Income Tax Relief Measures for 2026–27
  • Finance Bill, 2026: Salient Features of Sales Tax Laws
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