Islamabad, December 11, 2025: The Federal Board of Revenue (FBR) is preparing to launch an extensive training program aimed at equipping its officers with advanced skills in digital tax operations, data analytics, and modern compliance systems.
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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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Oil Industry Urges OGRA to Resolve Pending Sales Tax and Operational Issues
Islamabad, December 11, 2025 – Pakistan’s oil marketing companies have called on authorities to urgently resolve long-pending sales tax reimbursement issues and other critical challenges affecting the sector’s financial stability.
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FBR introduces new valuation method for steel products to collect sales tax
Karachi, December 10, 2025 – The Federal Board of Revenue (FBR) has announced a revised valuation mechanism for steel products to streamline and enhance sales tax collection across the steel sector. The updated valuation method was formally notified through SRO 2402(I)/2025, issued on Wednesday.
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LTO Karachi begins monitoring foreign assets of high net-worth individuals
Karachi, December 10, 2025 – The Large Taxpayers Office (LTO) Karachi has initiated the assessment and monitoring of foreign assets belonging to several high net-worth individuals, following directives issued by the Federal Board of Revenue (FBR).
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FBR sets December 31 deadline for corporate return filing for tax year 2025
Karachi, December 10, 2025 – The Federal Board of Revenue (FBR) has officially announced December 31, 2025 as the last date for corporate entities to file their annual income tax returns for Tax Year 2025. The tax authority has reminded companies to ensure timely filing in compliance with the Income Tax Ordinance, 2001.
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FBR clarifies tax treatment of gains on disposal of assets outside Pakistan
Islamabad, December 10, 2025 – The Federal Board of Revenue (FBR) has provided detailed guidance on the tax treatment of gains from disposal of assets outside Pakistan under Section 101A of the Income Tax Ordinance, 2001.
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FBR explains geographical source of income for tax year 2026
Islamabad, December 10, 2025 – The Federal Board of Revenue (FBR) has provided a comprehensive explanation on what constitutes Pakistan-source income for Tax Year 2026 under Section 101 of the Income Tax Ordinance, 2001.
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FBR notifies fresh property valuation tables for Islamabad, issues SRO 2392(I)/2025
Islamabad, December 9, 2025 — The Federal Board of Revenue (FBR) has officially notified new property valuation tables for Islamabad through SRO 2392(I)/2025, dated December 8, 2025, bringing an end to the previous valuation framework introduced in July 2022.
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Pakistan’s tax-to-GDP ratio expected to hit 11% in FY26: finance minister
Islamabad, December 8, 2025 – Pakistan’s tax-to-GDP ratio is projected to reach 11% in the current fiscal year (FY26), Finance and Revenue Minister Muhammad Aurangzeb announced on Monday.
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Return filers traumatized by compliance messages, FBR issues clarification
Islamabad, December 8, 2025 – A wave of confusion spread among return filers on Monday after many taxpayers unexpectedly received SMS reminders urging them to file their income tax returns for Tax Year 2025, despite having already filed before the deadline.
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