Islamabad, October 29, 2025 – The Federal Board of Revenue (FBR) has officially launched a comprehensive video surveillance and monitoring system for the sugar industry to enhance transparency, prevent tax evasion, and ensure accurate revenue collection.
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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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FBR says FTO order on cyber-security wrongly interpreted
Islamabad, October 28, 2025 – The Federal Board of Revenue (FBR) on Tuesday strongly denied reports suggesting a cyber breach of its IT infrastructure, asserting that the Federal Tax Ombudsman’s (FTO) order regarding cyber-security had been misinterpreted by media outlets.
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LTBA Urges PM Shehbaz for Tax Return Extension to Nov 30
Lahore, October 28, 2025 – Mounting frustration over persistent technical glitches in the Federal Board of Revenue’s (FBR) IRIS portal has pushed the Lahore Tax Bar Association (LTBA) to take an unprecedented step — appealing directly to Prime Minister Muhammad Shehbaz Sharif for intervention.
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FBR’s 2025 Tax Return Shock Stuns Taxpayers Nationwide
Karachi, October 28, 2025 – In a dramatic last-minute twist, the Federal Board of Revenue (FBR) has rolled out yet another modification to the income tax return form for tax year 2025, catching taxpayers and tax consultants completely off guard — just three days before the extended filing deadline.
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Pakistan Customs Foils Major Drug Smuggling at Karachi Airport
Karachi, October 28, 2025 – In a major anti-narcotics operation, Pakistan Customs successfully foiled two high-profile smuggling attempts at Karachi International Airport, seizing narcotics worth over Rs114 million in total.
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KTBA Warns: IRIS Glitch Blocks 2025 Tax Return Extensions
Karachi, October 28, 2025 – The Karachi Tax Bar Association (KTBA) has raised alarm over a critical glitch on the Federal Board of Revenue’s (FBR) IRIS portal, which is preventing taxpayers from applying for the 2025 income tax return filing extension—just days before the October 31 deadline.
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Capital gain tax skyrockets 559% in 1QFY26 as PSX hits record highs
Karachi, October 27, 2025 – Pakistan’s roaring stock market rally has sent tax revenues soaring, with Capital Gain Tax (CGT) collection jumping by an astonishing 559% in the first quarter (July–September) of FY2025–26, according to official data.
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Pakistan Customs to Auction Dozens of Land Rover Vehicles
Islamabad, October 27, 2025 – Pakistan Customs has announced a major public auction featuring a large number of luxury Land Rover vehicles scheduled for October 30, 2025, at the Silk Route Dry Port, Sost (Collectorate of Customs Gilgit Baltistan).
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FBR makes unique identification marking (UIM) mandatory for cement monitoring
Islamabad, October 27, 2025 – The Federal Board of Revenue (FBR) has announced mandatory implementation of Unique Identification Marking (UIM) on cement products as part of its electronic monitoring under the Track and Trace System.
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Are set off of losses against income allowed in Pakistan tax laws?
The Federal Board of Revenue (FBR) allows taxpayers in Pakistan to adjust certain losses against income under specific conditions, as provided in the Income Tax Ordinance, 2001.
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