Karachi, October 7, 2025 – The University of Karachi hosted an informative seminar titled “Impacts of Income Tax Filing and Amendments in Pension Rules” at the Karachi University Business School Auditorium on Tuesday.
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Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
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RTO-II Karachi collects Rs17.32b from Sindh employees
Karachi, October 6, 2025 – The Federal Board of Revenue (FBR) has reported a strong performance in tax collection from salaried individuals, gathering Rs17.32 billion in income tax from employees of the Government of Sindh working in Karachi during the fiscal year 2024–25, according to data obtained by Pakistan Revenue.
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Pakistan grants Rs61b in tax exemptions under trade agreements
Karachi, October 6, 2025 – Pakistan has provided a substantial tax exemption of Rs61 billion during the tax year 2023–24 under various Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs), according to the Tax Expenditure Report 2025 issued by the Federal Board of Revenue (FBR).
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FBR to revise customs values of old, used mobile phones
Karachi, October 6, 2025 – The Federal Board of Revenue (FBR) is preparing to revise the customs values of old and used mobile phones to ensure accurate valuation and fair taxation on imports.
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AIT return filing deadline extended to Oct 31: SRB
Karachi, October 6, 2025 – The Sindh Revenue Board (SRB) on Monday officially announced the extension of the deadline for filing Agricultural Income Tax (AIT) returns up to October 31, 2025.
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FBR collects Rs7.70b as CVT on motor vehicles in FY25
Islamabad, October 5, 2025 — The Federal Board of Revenue (FBR) has collected Rs7.70 billion as Capital Value Tax (CVT) on motor vehicles during the fiscal year 2024–25, marking a slight decline from Rs7.80 billion collected in the previous fiscal year.
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FBR unveils arrest procedure for IR officers in tax fraud cases
ISLAMABAD, October 5, 2025 – The Federal Board of Revenue (FBR) has officially issued a detailed framework outlining the arrest procedure for Inland Revenue (IR) officers in connection with tax fraud investigations.
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New arrest rules in tax fraud cases under Section 37A
Islamabad, October 4, 2025 – The Federal Government, through the Finance Act 2025, has introduced Section 37A into the Sales Tax Act, 1990, providing a comprehensive framework for inquiry, investigation, and arrest in cases of tax fraud.
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FBR sees annual 7% drop in cash withdrawal tax collection
Islamabad, October 4, 2025 – The Federal Board of Revenue (FBR) has reported a noticeable decline in tax collected on banking cash transactions, with withholding tax collection on cash withdrawal dropping by 7% during fiscal year 2024-25.
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IR Officers Get Court Powers in Tax Summon Cases
Karachi, October 4, 2025 – In a dramatic move that could reshape Pakistan’s tax enforcement landscape, Inland Revenue (IR) officers have been empowered with court-like authority to summon individuals in tax-related cases.
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