Islamabad, May 11, 2025 – The Federal Board of Revenue (FBR) is actively reviewing a proposal to revise the taxation structure on immovable properties in the upcoming federal budget for the fiscal year 2025-26. This move comes in response to persistent demands from real estate stakeholders and aims to stimulate investment while balancing revenue generation.
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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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Smoking poses serious health risks: FBR mulls cigarette FED hike
Islamabad, May 11, 2025 – The Federal Board of Revenue (FBR) is actively considering a significant increase in the federal excise duty (FED) on cigarettes in the upcoming 2025–26 budget, citing the severe health risks posed by smoking.
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Sindh leads in sales tax on services collection during 9MFY25
Islamabad, May 10, 2025 – Sindh has emerged as the top-performing province in Pakistan in terms of sales tax collection on services during the first nine months (July–March) of the current fiscal year 2024–25, showcasing a robust growth of 25%.
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SAI urges withdrawal of Tax Laws (Amendment) Ordinance 2025
Karachi, May 10, 2025 — The SITE Association of Industry (SAI) has issued a strong appeal to Prime Minister Shehbaz Sharif, demanding the urgent withdrawal of the recently promulgated Tax Laws (Amendment) Ordinance 2025, warning that the new legislation poses a significant threat to both economic stability and constitutional norms.
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LHC fines FBR for wasting judicial resources in customs dispute
Lahore, May 10, 2025 – In a strongly worded judgment, the Lahore High Court (LHC) has imposed a fine of Rs 500,000 on the Federal Board of Revenue (FBR) and the concerned Customs station for failing to comply with a prior order, thereby wasting the judicial resources of the court.
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OICCI proposes new measures to track undeclared properties
Karachi, May 10, 2025 – The Overseas Investors Chamber of Commerce and Industry (OICCI) has put forward a comprehensive set of recommendations to the Federal Board of Revenue (FBR), aimed at identifying and documenting undeclared immovable properties across the country.
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Tax law ordinance ignites concern in finance committee
The National Assembly Standing Committee on Finance strongly criticized the government and the Federal Board of Revenue (FBR) on Friday for bypassing Parliament by enforcing the Tax Laws (Amendment) Ordinance, 2025.
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FBR reveals massive tax evasion in tobacco and poultry sectors
ISLAMABAD – Chairman Federal Board of Revenue (FBR), Rashid Mahmood Langrial, has revealed large-scale tax evasion in Pakistan’s tobacco and poultry sectors, amounting to nearly Rs400 billion annually.
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Expected tax rate cuts for salaried individuals in budget 2025-26
The upcoming federal budget for 2025-26 is expected to include significant relief measures for salaried individuals, with a key focus on easing the tax burden.
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FBR strikes legal gold, recovers Rs36 billion fast
Islamabad, May 9, 2025 – The Federal Board of Revenue (FBR) has significantly strengthened its litigation management framework, marking notable progress in the resolution of long-pending revenue disputes.
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