Filing an income tax return is an annual responsibility, but many taxpayers now look for shortcuts through social media advertisements and unverified tax service providers.
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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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PCDMA criticizes FBR over premature e-invoicing rollout
Karachi, September 2, 2025 – The Pakistan Chemical and Dyes Merchants Association (PCDMA) has expressed strong disapproval over what it calls a premature and poorly planned rollout of the Federal Board of Revenue’s (FBR) electronic invoicing system.
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NCCPL sets deadline for July capital gain tax collection
Karachi, September 2, 2025 – The National Clearing Company of Pakistan Limited (NCCPL) has announced the deadline for the collection of Capital Gain Tax (CGT) from clearing members (CMs) and asset management companies for the month of July 2025.
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2025 tax return filing must for business income over Rs350,000
Karachi, September 2, 2025 – The Federal Board of Revenue (FBR) has made it clear that return filing for the tax year 2025 is mandatory for individuals whose annual income from business exceeds Rs350,000.
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Who is responsible for filing tax return of a deceased person?
Karachi, September 2, 2025 – The Income Tax Ordinance, 2001 provides a clear framework regarding the return filing obligations in cases where a person, liable to file an income tax return, passes away during the tax year 2025.
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FBR reorganizes customs post-clearance, internal audit framework
Karachi, September 1, 2025 – The Federal Board of Revenue (FBR) has announced a major reorganization of Pakistan’s post-clearance and internal audit mechanisms for Customs, aimed at strengthening compliance, increasing transparency, and integrating modern risk-based methodologies.
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Tax Treatment of Speculation Business for 2025-26
The Federal Board of Revenue (FBR) has issued updated guidelines for the taxation of speculation business in Pakistan for the tax year 2025-26.
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How to Determine Business Income for Tax Year 2025-26
Karachi, September 1, 2025 – The Federal Board of Revenue (FBR) has released updated guidelines to help taxpayers understand how their business income will be calculated for the tax year 2025-26. These guidelines are part of the revised Income Tax Ordinance, 2001, which now includes amendments from the Finance Act, 2025.
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Domestic electricity consumers granted withholding tax relief
Domestic electricity consumers across Pakistan have received significant relief as the Federal Board of Revenue (FBR) announced an exemption from withholding income tax on smaller household bills.
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FBR begins penal action over digital invoice non-compliance
Islamabad, September 1, 2025 – The Federal Board of Revenue (FBR) has formally launched penal proceedings against corporate taxpayers and importers failing to comply with mandatory digital invoice regulations.
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