Karachi, February 11, 2025 – The Sindh High Court (SHC) has overturned the suspension of multiple customs agents whose licenses had been revoked by the Federal Board of Revenue (FBR) over alleged manipulation of the faceless customs assessment system.
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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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LTO Karachi Seals Zelbury Outlet for Issuing Unverified Invoices
Karachi, February 11, 2025 – The Large Taxpayers Office (LTO) Karachi has taken decisive action by sealing an outlet of Zelbury, a well-known online fashion shopping platform, for issuing unverified sales tax invoices.
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FBR Updates Valuation Criteria for Sales Tax on Used Vehicles
Karachi, February 11, 2025 – The Federal Board of Revenue (FBR) has revised the valuation method for used vehicles concerning the calculation of sales tax.
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KTBA Calls for FBR to Limit Password Change Policy to Sales Tax
Karachi, February 10, 2025 – The Karachi Tax Bar Association (KTBA) has strongly recommended that the Federal Board of Revenue (FBR) confine its newly implemented password change policy to sales tax filers alone.
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FBR Reports Record 6.26M Active Taxpayers Ahead of Restrictions
Islamabad, February 10, 2025 – The Federal Board of Revenue (FBR) has announced a record-breaking 6.26 million active taxpayers ahead of the implementation of stringent measures aimed at curbing tax evasion.
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Tax Package for Real Estate Unlikely Before Budget 2025-26
Islamabad, February 9, 2025 – The government is unlikely to introduce any tax package for the real estate sector before the presentation of the budget for the fiscal year 2025-26.
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PM Shehbaz Pays Tribute to Salaried Class for Bearing Tax Burden
Islamabad, February 8, 2025 – Prime Minister Shehbaz Sharif on Saturday acknowledged the resilience and dedication of the salaried class, commending them for bearing a significant tax burden amid the stringent conditions imposed by the International Monetary Fund (IMF).
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KTBA Urges FBR to Delay SRO 55 Compliance for Two Months
Karachi, February 8, 2025 – The Karachi Tax Bar Association (KTBA) has called on the Federal Board of Revenue (FBR) to defer the implementation of SRO 55(I)/2025, which introduces key modifications to sales tax return filing.
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NA Set to Approve Tax Bill to Restrict Transactions by Non-Filers
Islamabad, February 7, 2025 – The National Assembly is poised to approve the Tax Amendment Bill in its upcoming session, which aims to impose strict restrictions on non-filers of income tax returns, preventing them from engaging in various financial transactions.
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Major FBR Shakeup: Ahmad Shuja Becomes Member Audit
Islamabad, February 7, 2025 – The Federal Board of Revenue (FBR) has undertaken a significant administrative reshuffle, transferring several senior Inland Revenue Service (IRS) officers to key positions.
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