Author: Shahnawaz Akhter
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FBR issues new tax rates on rental income for 2025–26
Islamabad, August 23, 2025 – The Federal Board of Revenue (FBR) has officially released the new withholding tax rates on rental income from immovable properties for the tax year 2025–26.
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Shakeel Shah Appointed as Member Customs Operations
Islamabad, August 22, 2025 – The Federal Board of Revenue (FBR) has appointed Syed Shakeel Shah, a BS-21 officer of the Pakistan Customs Service (PCS), as the new Member Customs Operations.
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July 2025 sales tax return filing deadline extended
Islamabad, August 22, 2025 – The Federal Board of Revenue (FBR) on Friday extended the deadline for filing sales tax and federal excise return for the month of July 2025.
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FBR penalizes officer for unauthorized sales tax refund
Islamabad, August 22, 2025 – The Federal Board of Revenue (FBR) has taken strict disciplinary action against Inland Revenue officer for releasing unauthorized sales tax refunds.
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Withholding tax card for goods and services in 2025-26: FBR
Karachi, August 21, 2025 – The Federal Board of Revenue (FBR) has released the updated withholding tax card for the supply of goods and services for the tax year 2025-26. The notification was issued under Section 153 of the Income Tax Ordinance, 2001, reflecting amendments introduced through the Finance Act, 2025.
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FBR issues withholding tax rates on dividend income 2025-26
Karachi, August 21, 2025 – The Federal Board of Revenue (FBR) has officially notified revised withholding tax rates on dividend income for the tax year 2025-26, following amendments introduced through the Finance Act, 2025.
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FBR to launch wide-ranging tax operations on sugar sector
Islamabad, August 21, 2025 – The Federal Board of Revenue (FBR) has announced a major tax operation targeting Pakistan’s sugar sector, signaling a strong move to address persistent tax gaps and potential evasion in the industry.
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Allied Bank posts 25% drop in net profit for first half of 2025
Karachi, August 21, 2025 – Allied Bank Limited has released its consolidated financial results for the first half of calendar year 2025, reporting a significant 25% decline in after-tax profit compared to the same period last year.
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FBR confirms September 30 as tax return filing deadline
Islamabad, August 20, 2025 – The Federal Board of Revenue (FBR) has officially reaffirmed that September 30, 2025 will serve as the deadline for filing annual income tax returns for the tax year 2025.
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Unilever Pakistan reports 19% profit decline in 1HCY2025
Karachi, August 20, 2025 – Unilever Pakistan Foods Limited announced its financial results for the first half of calendar year 2025, posting a 19 percent decline in profit after tax despite reporting strong sales growth.
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