Islamabad, October 13, 2025 – Prime Minister Muhammad Shehbaz Sharif has imposed a minor penalty on Amjad Farooq, a BS-20 officer of the Inland Revenue Service (IRS), currently serving as Chief (Admin Pool) at the Federal Board of Revenue (FBR) Headquarters, Islamabad.
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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 collects Rs422bn income tax on imports in FY25
Karachi, October 12, 2025 – The Federal Board of Revenue (FBR) has reported a substantial increase in withholding income tax collection on imports, reaching Rs422.42 billion during fiscal year 2024–25. This marks an impressive growth of 11.36 percent compared with Rs379 billion collected in the previous fiscal year.
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Karachi Customs foils bid to clear Indian textile machinery
Karachi, October 12, 2025 – The Collectorate of Customs, Karachi, has successfully foiled an attempt to clear banned Indian-origin textile machinery under the guise of Chinese goods.
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FBR implements electronic scrutiny for sales tax compliance
Islamabad, October 12, 2025 – The Federal Board of Revenue (FBR) has introduced a comprehensive electronic scrutiny system for taxpayers under the Sales Tax Act, 1990, aimed at improving accuracy, transparency, and compliance in sales tax matters.
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FBR confirms October 15 as final deadline for return filing
Islamabad, October 12, 2025 – The Federal Board of Revenue (FBR) has reaffirmed that the deadline for filing the annual income tax return for the tax year 2025 will end on October 15, urging taxpayers to complete their return filing process on time.
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Know Your Tax Year for Pakistan Return Filing
Understanding the tax year is essential for accurate and timely filing of income tax returns in Pakistan. A tax year refers to a continuous period of twelve months ending on the 30th of June, representing the financial year.
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Pakistan Customs raids Jodia Bazar, seizes smuggled goods
Karachi, October 11, 2025 — In a major anti-smuggling breakthrough, Pakistan Customs carried out a successful raid at Jodia Bazar, Karachi’s largest and oldest wholesale market, recovering a substantial quantity of foreign-origin smuggled goods.
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FBR announces deadline for claiming sales tax refunds
Islamabad, October 11, 2025 – The Federal Board of Revenue (FBR) has issued a clear deadline for taxpayers to claim their sales tax refunds, emphasizing the importance of timely applications.
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FBR rakes in record Rs89b from exports under new tax regime
Islamabad, October 11, 2025 — In a major fiscal breakthrough, the Federal Board of Revenue (FBR) has collected an unprecedented Rs89 billion in advance tax from exports during the first year of the new levy’s implementation — marking a historic shift in Pakistan’s taxation structure for the export sector.
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Pakistan customs seizes largest-ever smuggled oil shipment
Karachi, October 10, 2025 – In a landmark operation, Pakistan Customs has confiscated the largest-ever quantity of smuggled oil in deep waters, marking a major success in the country’s ongoing anti-smuggling campaign.
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