Islamabad, February 16, 2025 – The province of Punjab has emerged as the leader in motor vehicle tax collection among all provinces in Pakistan during the first half of the fiscal year 2024-25.
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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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FBR Reports 53% Surge in Salary Tax Collection During 7MFY25
Islamabad, February 16, 2025 – The Federal Board of Revenue (FBR) has reported a significant 53% surge in tax collection from the salaried class during the first seven months (July–January) of the fiscal year 2024-25.
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Power of Customs Officer to Call for Documents
Karachi, February 16, 2025 – The Federal Board of Revenue (FBR) has granted customs officers the authority to request documents from importers or exporters concerning consignment clearance.
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ICMA Pakistan Presents FBR Tax Reform Proposals
Karachi, February 15, 2025 – The Institute of Cost and Management Accountants (ICMA) Pakistan has submitted a comprehensive set of proposals to the Federal Board of Revenue (FBR), aiming to optimize revenue generation and support sustainable economic growth.
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What Are Dutiable Goods? FBR Explains
Karachi, February 14, 2025 – The Federal Board of Revenue (FBR) has provided clarification regarding dutiable goods, specifying the categories of goods on which customs authorities are mandated to collect duties and taxes upon importation.
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Tax Policy Office Established, FBR Focuses on Revenue Collection
Islamabad, February 14, 2025 – The Finance Ministry has issued a notification announcing the establishment of a dedicated Tax Policy Office, leaving the Federal Board of Revenue (FBR) to focus exclusively on revenue collection.
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PTBA Highlights Risks of SRO 69 for Businesses
Karachi, February 14, 2025 – The Pakistan Tax Bar Association (PTBA) has voiced significant apprehensions regarding the introduction of SRO 69(I)/2025, issued by the Federal Board of Revenue (FBR) on January 29, 2025.
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FBR Seals Sugar Mill in Sindh Over Tax Fraud
Islamabad, February 14, 2025 – The Federal Board of Revenue (FBR) has taken decisive action against tax fraud by sealing a prominent sugar mill in interior of Sindh, following allegations of large-scale tax evasion and manipulation of the track and trace system, sources reported on Friday.
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FBR Notifies Prohibited Goods for Foreign Trade
Karachi, February 13, 2025 – The Federal Board of Revenue (FBR) has officially issued a notification detailing the list of prohibited goods for foreign trade for the tax year 2025.
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KTBA Raises Alarm Over Tax Turmoil for Salaried Class
Karachi, February 13, 2025 – The Karachi Tax Bar Association (KTBA) has called upon the Federal Board of Revenue (FBR) to immediately withdraw the show-cause notices served to salaried individuals regarding tax recoveries.
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