Karachi, December 30, 2025 – The State Bank of Pakistan (SBP) on Tuesday instructed all commercial banks to extend their working hours on December 31, 2025, to facilitate taxpayers in the smooth payment of government duties and taxes ahead of the year-end deadline.
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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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PM Shehbaz dismisses FBR’s BS-20 IRS officer over corruption charges
Islamabad, December 30, 2025 – Prime Minister Shehbaz Sharif has approved the dismissal of a BS-20 officer of the Inland Revenue Service (IRS) on proven corruption charges. The officer, Riaz Ali Shah, was serving as Chief (Accounting) in the Organizational Audit Wing of the Federal Board of Revenue (FBR), Islamabad, while posted in Karachi.
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Who Can Represent You Before FBR in Tax Year 2026
Navigating the Federal Board of Revenue (FBR) procedures can be complex, and often taxpayers require a representative to act on their behalf. Section 172 of the Income Tax Ordinance, 2001 clearly outlines who can legally represent you in Pakistan for tax year 2026.
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How Much FBR Will Pay for Delayed Refunds in Tax Year 2026
Are you a taxpayer in Pakistan waiting for a refund from the Federal Board of Revenue (FBR)? If your refund is delayed, the FBR is responsible for paying an additional amount as compensation. Understanding Section 171 of the Income Tax Ordinance, 2001 will help you know your rights and how much you can claim for delayed refunds in tax year 2026.
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Eligibility for Income Tax Refunds in Pakistan – Tax Year 2026
If you are a taxpayer in Pakistan and have paid more tax than you were liable for, you may be eligible to claim an income tax refund from the Federal Board of Revenue (FBR) in tax year 2026. Understanding the rules and procedures under Section 170 of the Income Tax Ordinance, 2001 will help you ensure a smooth refund process.
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PRA launches major crackdown against tax defaulters across Punjab
Lahore, December 30, 2025 — The Punjab Revenue Authority (PRA) has launched a large-scale enforcement drive against tax defaulters, impounding records from 11 business outlets during inspections carried out across major cities of Punjab.
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LCCI raises alarm over tax-free imports via Sost Dry Port
Lahore, December 30, 2025 — The Lahore Chamber of Commerce and Industry (LCCI) has raised serious concerns over the Federal Board of Revenue’s (FBR) decision to allow tax-free imports of more than 2,400 Chinese products through the Sost Customs Dry Port for exclusive consumption in Gilgit-Baltistan.
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FBR guides businesses on online tax filing and voluntary compliance
Islamabad, December 30, 2025 — The Federal Board of Revenue (FBR) has stepped up efforts to promote tax awareness by educating the business community on online return filing and voluntary tax compliance. The initiative aims to simplify tax procedures and encourage greater participation in the documented economy.
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FBR seals two sugar mills in Punjab over tax violations
Islamabad, December 30, 2025 — In line with the federal government’s zero-tolerance policy against tax evasion and regulatory breaches, the Federal Board of Revenue (FBR) has sealed two sugar mills operating in Central Punjab for serious violations of sales tax laws.
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Lady IRS officer dismissed from service on corruption charges
Islamabad, December 29, 2025 – A BS-18 lady officer of the Inland Revenue Service (IRS) has been dismissed from service after corruption and misconduct charges were proven against her, according to a notification issued by the Federal Board of Revenue (FBR).
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