Islamabad, September 1, 2025 – The Federal Board of Revenue (FBR) has formally launched penal proceedings against corporate taxpayers and importers failing to comply with mandatory digital invoice regulations.
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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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Unlocking best judgment assessment for tax year 2025-26
Islamabad, August 31, 2025 – The Federal Board of Revenue (FBR) has introduced a clearer definition of best judgment assessment for the tax year 2025-26 through amendments to the Sales Tax Act, 1990, updated via the Finance Act, 2025.
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No notice required for sales tax recovery under section 11A
Islamabad, August 31, 2025 – The Federal Board of Revenue (FBR) has clarified that tax officers are not obligated to issue a notice before initiating recovery proceedings for short-paid sales tax under Section 11A of the Sales Tax Act, 1990.
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Asif Jah unveils Mohtasib Ki Diary at MCCI
Multan, August 31, 2025 – Federal Tax Ombudsman (FTO) Dr. Asif Mahmood Jah underscored that “tax is the backbone of the economy” during the launch of his latest book, Mohtasib Ki Diary, at the Multan Chamber of Commerce and Industry (MCCI).
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FBR issues procedure for input tax refunds in tax year 2025-26
KARACHI, August 31, 2025 – The Federal Board of Revenue (FBR) has released updated guidelines for claiming refunds of input tax for the tax year 2025-26.
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Advance tax rates on brokerage, commission for 2025-26
KARACHI: The Federal Board of Revenue (FBR) has announced revised advance tax rates applicable on brokerage and commission for the tax year 2025-26.
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SC declares customs case against Commander Agro void
Islamabad, August 31, 2025 – The Supreme Court of Pakistan has declared that customs proceedings against M/s Commander Agro (Private) Limited were time-barred under the Customs Act, 1969, while overturning a Lahore High Court (LHC) ruling.
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NBP reports Rs36 billion income tax disputes with FBR
Karachi, August 30, 2025 – The National Bank of Pakistan (NBP) has disclosed that its ongoing income tax disputes with the Federal Board of Revenue (FBR) have reached an aggregate value of approximately Rs36 billion by the end of the second quarter of 2025.
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FBR issues 2025-26 withholding tax card for motor vehicles
Islamabad, August 30, 2025 – The Federal Board of Revenue (FBR) has issued the updated withholding tax card for Tax Year 2025-26, covering the period from July 1, 2025, to June 30, 2026.
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Floods challenge FBR in meeting August tax collection targets
Islamabad, August 30, 2025 – The devastating floods that have swept across several regions of Pakistan are creating serious hurdles for the Federal Board of Revenue (FBR) in meeting its monthly tax collection targets.
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