Islamabad, October 9, 2025 – In a major step toward trade facilitation, Pakistan Customs has inaugurated a new Customs Laboratory at Azakhel Dry Port, significantly enhancing testing and verification capabilities for imported and exported goods.
(more…)Category: Taxation
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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IR officers invoke provisions for sales tax arrears recovery
Islamabad, October 9, 2025 – Taxpayers across the country should brace for strict enforcement actions as the Inland Revenue (IR) officers of the Federal Board of Revenue (FBR) begin implementing provisions for the recovery of outstanding sales tax arrears under the Sales Tax Act, 1990.
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Your information is as valuable as income: KTBA chief
Karachi, October 9, 2025 – The President of the Karachi Tax Bar Association (KTBA), Ali A. Rahim, has warned taxpayers to remain vigilant against unauthorized intermediaries offering online income tax return filing services.
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FBR moves to publicize civil servants’ asset declarations
Islamabad, October 8, 2025 — The Federal Board of Revenue (FBR) has proposed major changes to tax laws to make the asset declarations of civil servants publicly accessible, a step aimed at improving transparency and accountability.
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PBC points out tax credit miscalculation in 2025 returns
Karachi, October 8, 2025 – The Pakistan Business Council (PBC) has raised concerns over an error in the calculation of tax credit on the Federal Board of Revenue’s (FBR) IRIS portal used for filing 2025 income tax returns.
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FBR digitizes all sales tax de-registration process
Islamabad, October 8, 2025 – The Federal Board of Revenue (FBR) has announced that all sales tax de-registration requests must now be processed exclusively through the computerized system, eliminating manual applications altogether.
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KTBA seeks removal of redundant return filing requests
Karachi, October 8, 2025 – The Karachi Tax Bar Association (KTBA) has called on the Federal Board of Revenue (FBR) to remove all pending requests for return filing deadline extensions from the IRIS portal.
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FBR reports 19% rise in tax collected from weddings
Karachi, October 8, 2025 — The Federal Board of Revenue (FBR) has announced a significant 19% increase in the collection of withholding tax on weddings during the fiscal year 2024–25, highlighting improved compliance and growing formalization in the event management sector.
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Pakistan may end car import baggage, gift schemes
Islamabad, October 8, 2025 — Pakistan is expected to abolish the car import schemes that allow vehicles to enter the country under the baggage and gift programs, both of which provide duty and tax exemptions.
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FBR explores new measures to boost FY26 tax collection
Islamabad, October 8, 2025 — The Federal Board of Revenue (FBR) is actively exploring various strategies to strengthen revenue collection and prevent a shortfall during the fiscal year 2025–26.
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