Islamabad, September 5, 2025 – Pakistan’s duty-free imports have surged by around 16% during fiscal year 2023-24, according to data released by the 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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Which business deductions are not allowed in 2025-26?
The Federal Board of Revenue (FBR) has clarified which deductions cannot be claimed against business income during the tax year 2025-26.
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FBR explains tax deductions for business income in 2025-26
Islamabad, September 4, 2025 – The Federal Board of Revenue (FBR) has issued detailed guidance regarding deductions allowed while computing tax on business income for the tax year 2025-26.
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FBR issues tax rates on telephone, internet usage in 2025-26
Islamabad, September 4, 2025 – The Federal Board of Revenue (FBR) has officially notified the advance tax rates applicable on the use of telephone and internet services during the tax year 2025-26.
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Pakistan Customs targets 80% green channel clearance
Karachi, September 3, 2025 – Pakistan Customs is working toward a major milestone in trade facilitation by aiming to clear 80 percent of import consignments through the green channel system, a move that promises to significantly reduce clearance times and enhance business confidence.
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Third-Party Return Filing May Risk Your Identity
Filing an income tax return is an annual responsibility, but many taxpayers now look for shortcuts through social media advertisements and unverified tax service providers.
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PCDMA criticizes FBR over premature e-invoicing rollout
Karachi, September 2, 2025 – The Pakistan Chemical and Dyes Merchants Association (PCDMA) has expressed strong disapproval over what it calls a premature and poorly planned rollout of the Federal Board of Revenue’s (FBR) electronic invoicing system.
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NCCPL sets deadline for July capital gain tax collection
Karachi, September 2, 2025 – The National Clearing Company of Pakistan Limited (NCCPL) has announced the deadline for the collection of Capital Gain Tax (CGT) from clearing members (CMs) and asset management companies for the month of July 2025.
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2025 tax return filing must for business income over Rs350,000
Karachi, September 2, 2025 – The Federal Board of Revenue (FBR) has made it clear that return filing for the tax year 2025 is mandatory for individuals whose annual income from business exceeds Rs350,000.
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Who is responsible for filing tax return of a deceased person?
Karachi, September 2, 2025 – The Income Tax Ordinance, 2001 provides a clear framework regarding the return filing obligations in cases where a person, liable to file an income tax return, passes away during the tax year 2025.
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