Karachi, June 26, 2025 – In a bold and sweeping move aimed at clamping down on tax evasion, the federal government has proposed a major amendment to the Finance Bill 2025, redefining the scope of tax fraud to include any supply of goods made without the issuance of a valid tax invoice.
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Pakistan Revenue delivers the latest taxation news, covering income tax, sales tax, and customs duty. Stay updated with insights on tax policies, regulations, and financial developments in Pakistan.
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Bank accounts of unregistered sales tax evaders face suspension
Islamabad, June 26, 2025 – In a bold and unprecedented move, the government has armed the Federal Board of Revenue (FBR) with new powers to crack down on unregistered sales tax evaders, targeting their bank accounts under the amended Finance Bill 2025-26.
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Pakistan witnesses 55% annual surge in voluntary tax payment
Karachi, June 25, 2025 — In a seismic shift for Pakistan’s tax culture, voluntary tax payment has exploded by a staggering 55%, signaling a dramatic rise in public trust, financial awareness, and patriotic commitment to national development. This surge isn’t just a number—it marks a powerful move towards a more self-sustaining and transparent economy.
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Arrest powers of tax officials redrafted for NA approval
Islamabad, June 25, 2025 — In response to intense backlash over the expanded powers granted to tax officials in the Finance Bill 2025, the Federal Board of Revenue (FBR) has redrafted key provisions relating to the arrest powers of Inland Revenue officers.
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FBR collects Rs53 billion through automatic closure of tax audits
Karachi, June 24, 2025 – The Federal Board of Revenue (FBR) has successfully recovered a substantial amount of Rs53 billion during the tax year 2024 through the automatic closure of income tax audits, under a special provision of the Income Tax Ordinance, 2001.
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FBR opens tax payment window on last Sunday to boost collection
Islamabad, June 23, 2025 – In a final push to maximize tax collection for the fiscal year 2024-25, the Federal Board of Revenue (FBR) has announced that all field offices will remain open on Sunday, June 29, 2025. This special measure is aimed at ensuring that every possible rupee is counted towards the FBR’s year-end collection goal.
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LTO Karachi assigned jurisdiction over OICCI for tax oversight
Karachi, June 23, 2025 – In a significant administrative development, the Federal Board of Revenue (FBR) has issued an official notification transferring the tax jurisdiction of the Overseas Investors Chamber of Commerce and Industry (OICCI) from the Corporate Tax Office (CTO) Karachi to Zone-I of the Large Taxpayers Office (LTO) Karachi.
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FBR shifts tax burden to protect salaried class in Budget 2025-26
Islamabad, June 23, 2025 — In a bid to provide targeted relief to the salaried class, the Federal Board of Revenue (FBR) has announced the introduction of new taxation measures aimed at compensating for revenue losses in the federal budget for 2025-26.
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PBC raises alarm over draconian powers proposed for FBR
Karachi, June 23, 2025 – The Pakistan Business Council (PBC) has strongly criticized the sweeping and excessive powers proposed to be granted to the Federal Board of Revenue (FBR) in the Finance Bill 2025, terming them “draconian” and detrimental to the investment climate in the country.
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FBR’s tax-to-GDP ratio remains in single digits for 24 years
Karachi, June 22, 2025 – The Federal Board of Revenue (FBR) has revealed a concerning trend in Pakistan’s fiscal performance, disclosing that the country’s tax-to-GDP ratio has remained in the single digits consistently from the fiscal year 2000-01 to 2023-24.
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