ISLAMABAD – August 29, 2025 – The Federal Board of Revenue (FBR) has announced that its tax collection offices will remain open on the last two weekly holidays of August 2025, in a move aimed at meeting revenue targets ahead of an upcoming International Monetary Fund (IMF) review mission.
(more…)Category: Taxation
Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
-
FBR, SRB reach accord; SHC closes toll tax case
Karachi, August 28, 2025 – The Sindh High Court (SHC) has finally resolved the long-standing dispute over the levy of sales tax on toll manufacturing through a consensus agreement submitted jointly by the Federal Board of Revenue (FBR) and Sindh Revenue Board (SRB).
(more…) -
KTBA exposes FBR’s digital disaster – national comedy of errors
Karachi, August 28, 2025 – In a blistering takedown, the Karachi Tax Bar Association (KTBA) has unleashed a scathing critique of the Federal Board of Revenue (FBR), branding the tax authority’s handling of annual return forms and its glitch-ridden IRIS portal as a “catastrophic failure” that is sabotaging taxpayers across Pakistan.
(more…) -
Sindh launches online portal for agricultural income tax
Karachi, August 28, 2025 – The Sindh Revenue Board (SRB) has officially launched a dedicated online portal for the registration and payment of agricultural income tax, aiming to simplify tax compliance for farmers and landowners across Sindh.
(more…) -
Joint and several liability for unpaid sales tax in 2025–26
The Federal Board of Revenue (FBR) has clarified the rules governing joint and several liability in cases where sales tax remains unpaid within a supply chain.
(more…) -
Why sales tax credit Is restricted in 2025–26
The Federal Board of Revenue (FBR) has clarified why certain businesses and individuals will not be entitled to claim sales tax credit during the fiscal year 2025–26.
(more…) -
Levy of sales tax on value addition for 2025–26
The Federal Board of Revenue (FBR) has introduced a detailed procedure for the levy and collection of sales tax on specified goods based on value addition during the fiscal year 2025–26.
(more…) -
How to determine sales tax liability for 2025–26
The Federal Board of Revenue (FBR) has introduced updated guidelines for determining sales tax liability for the fiscal year 2025–26.
(more…) -
FBR releases tax filing rules for online marketplace
Islamabad, August 27, 2025 – The Federal Board of Revenue (FBR) has released a draft withholding statement form specifically designed for the online marketplace sector, marking a step towards enhancing compliance and transparency in digital commerce.
(more…) -
FBR issues withholding tax rates for export of services in FY26
Karachi, August 27, 2025 – The Federal Board of Revenue (FBR) has issued updated withholding tax rates for the export of services for the fiscal year 2025-26.
(more…)