Author: Shahnawaz Akhter
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Govt collects sales tax as PDL on petroleum products: FBR
Islamabad, September 11, 2025 – The Federal Board of Revenue (FBR) has clarified reports suggesting that the government had granted a blanket sales tax exemption on petroleum products.
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FBR showcases transformation plan to leading business forums
Islamabad, September 11, 2025 – The Federal Board of Revenue (FBR) recently convened an important session with the Overseas Investors Chamber of Commerce and Industry (OICCI) and the Pakistan Business Council (PBC).
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SAI raises alarm over abrupt rollout of e-invoicing system
Karachi, September 10, 2025 – The SITE Association of Industry (SAI) has voiced strong criticism of the Federal Board of Revenue (FBR) for the sudden implementation of the e-invoicing system, saying it has created widespread confusion and operational hurdles across the business community.
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Tax concession for scientific research in Pakistan in 2025-26
Islamabad, September 9, 2025 – The Federal Board of Revenue (FBR) has reaffirmed that tax concessions will continue to be available for scientific research in Pakistan for the tax year 2025–26.
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Pension income tops tax exemptions in FBR’s 2025 report
Islamabad, September 9, 2025 – The Federal Board of Revenue (FBR) has disclosed that pension income accounted for the single largest share of tax exemptions granted during the year, according to its latest report on tax expenditures for 2025.
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FBR arms officers with cars, demands tough enforcement
Islamabad, September 8, 2025 – The Federal Board of Revenue (FBR) has unleashed a nationwide enforcement drive, signaling the start of an aggressive campaign to crush tax evasion and ramp up revenue collection.
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LTBA Flags Crisis in 2025 Return Filing
Lahore, September 8, 2025 – A storm is brewing in Pakistan’s tax landscape as the Lahore Tax Bar Association (LTBA) has raised the red flag over critical glitches in the Federal Board of Revenue’s (FBR) online return filing system, IRIS.
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Tax exemptions cost Pakistan 2.32% of GDP: report
Islamabad, September 8, 2025 – The Federal Board of Revenue (FBR) has released its latest report highlighting the scale of tax exemptions granted, according to a report issued on Monday.
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How to claim tax deductions for intangibles in 2025-26
Businesses often invest heavily in assets that are not physical but still hold tremendous value — such as patents, software, franchises, and trademarks. These assets, commonly known as intangibles, play a vital role in driving income and long-term business growth.
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FBR lists records keeping for taxable supplies in 2025-26
Karachi, September 8, 2025 – The Federal Board of Revenue (FBR) has issued comprehensive guidelines for maintaining records related to taxable supplies during the tax year 2025-26.
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