Islamabad, September 17, 2025 – Pakistan’s sales tax expenditure for the fiscal year 2023-24 has been estimated at Rs. 1,237.11 billion, reflecting a notable decline of 18.61% compared to the previous fiscal year, according to data released by Federal Board of Revenue (FBR).
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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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LTBA seeks extension in deadline for FBR integration
Lahore – The Lahore Tax Bar Association (LTBA) has once again appealed to the Federal Board of Revenue (FBR) to extend the deadline for integration of registered taxpayers with FBR’s computerized system.
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Return Filing 2025: ILA Flags Malfunctioning of IRIS Portal
Islamabad, September 16, 2025 – The International Lawyers Association (ILA) has raised serious concerns over the persistent malfunctioning of the IRIS portal, the official online return filing system of the Federal Board of Revenue (FBR).
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FBR notifies withholding tax rates on property transfer for 2025-26
Islamabad, September 16, 2025 – The Federal Board of Revenue (FBR) has officially notified the applicable withholding tax rates on the transfer of immovable property for the tax year 2025-26.
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Group Relief Under Income Tax Laws for Tax Year 2025-26
Islamabad, September 16, 2025 – The Federal Board of Revenue (FBR) has provided detailed guidelines on group relief under Section 59B of the Income Tax Ordinance, 2001, for the tax year 2025-26.
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Understanding Group Taxation in Pakistan for 2025-26
Islamabad, September 16, 2025 – The Federal Board of Revenue (FBR) has explained how group taxation will work in Pakistan during the tax year 2025-26 under Section 59AA of the Income Tax Ordinance, 2001.
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Short-Term Residency: How FBR Treats Foreign Income
Islamabad, September 16, 2025 – The Federal Board of Revenue (FBR) has clarified the rules for taxation of foreign-source income earned by individuals who qualify as short-term residents in Pakistan during the tax year 2025-26.
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2025 tax returns: KTBA raises concerns over IRIS portal instability
Karachi, September 16, 2025 – The Karachi Tax Bar Association (KTBA) has once again expressed serious concerns regarding the functionality and stability of the Federal Board of Revenue’s (FBR) online return filing portal, IRIS.
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FBR launches action over FCA leaked report allegations
Islamabad, September 16, 2025 – The Federal Board of Revenue (FBR) has formally initiated action against individuals suspected of involvement in the unauthorized leakage of a sensitive report related to the Faceless Customs Assessment (FCA) system.
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FBR prescribes penalties for non-issuance of sales tax invoice
Islamabad, September 15, 2025 – The Federal Board of Revenue (FBR) has announced new penalties for taxpayers who fail to comply with requirements regarding the issuance of sales tax invoice during the tax year 2025-26.
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