Karachi, November 10, 2025 – The Federal Board of Revenue (FBR) has ignited a storm in the tax community by issuing SRO 2107(I)/2025, officially ending manual filing of income tax returns for the current year.
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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 reports strong enforcement gains in income tax collection FY2024-25
Islamabad, November 9, 2025 – The Federal Board of Revenue (FBR) has released a disaggregated analysis of income tax components for FY2024-25, showing marked improvement in enforcement efforts by field offices.
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FBR boosts business confidence with Rs493 billion refunds in FY2024-25
Islamabad, November 9, 2025 – The Federal Board of Revenue (FBR) has reaffirmed its commitment to fostering a business-friendly environment and enhancing revenue generation by ensuring swift processing of refunds and rebates for businesses across Pakistan.
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CRA Announces Key Filing and Payment Deadlines for 2025 Taxes
The Canada Revenue Agency (CRA) has officially released the key filing and payment deadlines for the 2025 tax year, helping Canadians prepare ahead for the upcoming tax season.
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Petroleum Levy Continues to Squeeze Citizens Under Five-Year IMF-Backed Plan
Islamabad, November 7, 2025 — Pakistanis are bracing for yet another financial hit as the federal government plans a sharp increase in the petroleum levy over the next five years — a move designed to meet IMF-backed revenue targets but likely to further strain consumers already battling inflation.
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Jackpot for FBR: Law Changes Drive 23% Surge in Export Tax Collection
Islamabad, November 6, 2025 — It’s a jackpot moment for the Federal Board of Revenue (FBR)! Thanks to recent tax law changes, the authority has recorded a remarkable 23% jump in withholding tax collection from exports during the fiscal year 2024–25, signaling stronger revenue performance and improved compliance.
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Pakistan issues customs rules for barter trade with Russia, Iran, and Afghanistan
Karachi, November 5, 2025 – The Government of Pakistan has officially notified the customs clearance procedure for barter trade with Russia, Iran, and Afghanistan, marking a significant development in the country’s regional trade framework.
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FBR excluded from next year’s federal budget amid major policy shift: Aurangzeb
Karachi, November 5, 2025 – In a landmark reform move, Finance Minister Muhammad Aurangzeb announced on Wednesday that the Federal Board of Revenue (FBR) will not prepare next year’s federal budget, marking a major policy shift toward institutionalizing fiscal stability and long-term economic planning.
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FBR extends tax return filing deadline to November 30, ends manual submissions
Islamabad, November 5, 2025 – The Federal Board of Revenue (FBR) has officially extended the deadline for filing income tax returns for Tax Year 2025 until November 30, 2025, while also phasing out manual return submissions in favor of a fully digital system.
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FBR drops bombshell on retailers with new supply chain monitoring law
Islamabad, November 4, 2025 – In a major crackdown move, the Federal Board of Revenue (FBR) has unleashed a sweeping new rule to bring thousands of retailers under digital supply chain surveillance, tightening the noose on tax evasion and undocumented trade.
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