Pakistan Revenue
Pakistan Budget 2025–26 presents fiscal strategy, tax reforms, development spending, and policy measures aimed at economic stability.
Karachi, June 30, 2025 – In a dramatic turn that defies earlier promises and fiscal discipline, the government has secretly opened the doors of tax amnesty to ineligible persons under the garb of “declaration of sufficient sources.”
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Karachi, June 30, 2025 – The Finance Act, 2025 has introduced a significant amendment by bringing pension income under the tax net, imposing both tax and surcharge on high-value pension receipts starting from the fiscal year 2025-26.
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Karachi, June 30, 2025 – The Finance Act, 2025 has formally introduced a new definition of digitally delivered services within Pakistan’s income tax framework, marking a major step toward taxation of online and internet-based transactions.
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Karachi, June 29, 2025 – In a landmark move, the Federal Board of Revenue (FBR) will now subject audit firms to official inspection in cases involving questionable tax certifications. This significant development comes through the Finance Act, 2025, which aims to hold not just taxpayers, but also their auditors, accountable for misrepresentations in sales tax […]
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Karachi, June 29, 2025 – The Finance Act, 2025 has introduced a comprehensive and structured procedure for the arrest and prosecution of individuals and entities involved in tax fraud under Section 37A of the Sales Tax Act, 1990.
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Karachi, June 29, 2025 – In a significant legislative development, the Finance Act, 2025 has introduced sweeping changes to the powers of Inland Revenue (IR) officers by granting them the authority of a civil court during the course of inquiries under the Sales Tax Act, 1990.
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Karachi, June 29, 2025 – In a groundbreaking development, the government has tightened the noose around non-compliant taxpayers with the introduction of Section 14AD through the Finance Act, 2025, effectively linking property transactions with sales tax registration. Under the newly introduced section of the Sales Tax Act, 1990, any person who fails to obtain registration […]
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Karachi, June 29, 2025 – In a powerful move aimed at tightening the noose around tax evaders, the Federal Board of Revenue (FBR) is all set to unleash a bold and unprecedented enforcement measure starting July 1, 2025: blocking bank accounts of individuals and entities who fail to register for tax despite making taxable supplies.
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Karachi, June 29, 2025 – The Finance Act, 2025 has introduced a major amendment to the Sales Tax Act, 1990, empowering the Federal Board of Revenue (FBR) to impose penalties on taxpayers who have received erroneous refund of sales tax.
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Karachi, June 29, 2025 – In a significant move to tighten tax compliance, the Federal Board of Revenue (FBR) has been granted enhanced powers under the Finance Act, 2025, to recover sales tax based on the information derived from withholding income tax deductions.
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