Islamabad, May 22, 2025 — In a bold and urgent move to ramp up tax revenue, the Federal Board of Revenue (FBR) has sounded the alarm and issued fresh directives to its nationwide tax offices, calling for extended enforcement operations and late-night sittings on Saturday, May 31, 2025—a clear sign of intensifying efforts to meet its ambitious collection goals.
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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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ABAD proposes abolishing Section 7E – deemed property income
Karachi, May 22, 2025 – In a powerful and urgent appeal, the Association of Builders and Developers of Pakistan (ABAD) has demanded the immediate abolition of the controversial deemed income tax under Section 7E of the Income Tax Ordinance, 2001.
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FBR admits high taxes forcing capital flight to Dubai
In a revelation that has sent shockwaves through the country’s economic corridors, the Federal Board of Revenue (FBR) has officially admitted that high tax rates and rigid fiscal policies are triggering an alarming capital flight to Dubai.
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Sindh notifies super tax rates on agricultural income
Karachi, May 22, 2025 – The Government of Sindh has officially notified the implementation of super tax rates on agricultural income, following the enactment of the Sindh Agricultural Income Tax Act, 2025.
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FBR eyes harsher penalties for retailers in budget 2025-26
Islamabad, May 22, 2025 – In a major move to curb tax evasion, the Federal Board of Revenue (FBR) is set to propose significantly heavier penalties on non-compliant retailers in the upcoming federal budget for 2025-26.
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Govt prioritizing tax compliance over SIM blocking: Saad Waseem
Islamabad, May 22, 2025 – Parliamentary Secretary Sheikh Saad Waseem said on Wednesday that the government is prioritizing tax compliance and broadening the tax base instead of taking punitive actions like blocking mobile SIMs.
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FBR seeks data on officials receiving both salary and pension
Islamabad, May 21, 2025 – The Federal Board of Revenue (FBR) has initiated a detailed investigation to identify federal officials who are simultaneously drawing a salary and pension.
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FBR cracks down on 72 Pakistanis’ foreign income, assets secrets
Karachi, May 21, 2025 – In a bold and dramatic move, the Federal Board of Revenue (FBR) has zeroed in on 72 ultra-wealthy and influential individuals, launching a high-stakes investigation into their foreign income and offshore assets.
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Banks advocate revisions in tax recovery from customer accounts
Karachi, May 21, 2025 – Banks in Pakistan have raised significant concerns regarding the existing framework for tax recovery enforced by the Federal Board of Revenue (FBR) on account holders.
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LTO Karachi amass record Rs2.56 trillion tax revenue in 10MFY25
Karachi, May 21, 2025 – The Large Taxpayers Office (LTO) Karachi has once again demonstrated its exceptional prowess in revenue mobilization by amassing an unprecedented Rs2.56 trillion in tax collections during the first ten months (July to April) of the fiscal year 2024-25.
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