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Author: Shahnawaz Akhter

Petroleum Prices in Pakistan increase decrease

Govt collects sales tax as PDL on petroleum products: FBR

September 11, 2025September 11, 2025Shahnawaz Akhter

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 Image 01 New

FBR showcases transformation plan to leading business forums

September 11, 2025September 11, 2025Shahnawaz Akhter

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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SITE Association

SAI raises alarm over abrupt rollout of e-invoicing system

September 10, 2025September 10, 2025Shahnawaz Akhter

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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FBR Pakistan Karachi

Tax concession for scientific research in Pakistan in 2025-26

September 9, 2025September 9, 2025Shahnawaz Akhter

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 expenses

Pension income tops tax exemptions in FBR’s 2025 report

September 9, 2025September 9, 2025Shahnawaz Akhter

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 Honda Cars

FBR arms officers with cars, demands tough enforcement

September 8, 2025September 8, 2025Shahnawaz Akhter

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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FBR launches IRIS 2.0

LTBA Flags Crisis in 2025 Return Filing

September 8, 2025September 8, 2025Shahnawaz Akhter

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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FBR Building

Tax exemptions cost Pakistan 2.32% of GDP: report

September 8, 2025September 8, 2025Shahnawaz Akhter

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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PBC Proposals

How to claim tax deductions for intangibles in 2025-26

September 8, 2025September 8, 2025Shahnawaz Akhter

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 Pakistan Karachi

FBR lists records keeping for taxable supplies in 2025-26

September 8, 2025September 8, 2025Shahnawaz Akhter

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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