Islamabad, August 18, 2025 – The wait is over! The Federal Board of Revenue (FBR) has officially released the finalized tax return forms for the tax year 2025, putting an end to weeks of speculation among taxpayers.
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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 issues tax rate on deemed property income for 2025-26
Islamabad, August 17, 2025 – The Federal Board of Revenue (FBR) has officially released the tax rate applicable to deemed property income for the tax year 2025–26, continuing the government’s policy of discouraging the use of idle assets and broadening the tax base.
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SBP Tells Banks: Terminate Clients on GD Suspicion
Karachi, August 17, 2025 – The State Bank of Pakistan (SBP) has instructed banks to adopt stricter compliance procedures under the Anti-Money Laundering (AML) Act 2010, including the option of terminating customer relationships in cases of repeated suspicious activity.
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LTBA proposes FBR mobile app for biometric verification
Lahore, August 16, 2025 – The Lahore Tax Bar Association (LTBA) has formally urged the Federal Board of Revenue (FBR) to introduce a digital mechanism that would allow taxpayers to complete their biometric verification through a secure mobile application.
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FBR launches major audit drive in real estate sector
Karachi, August 16, 2025 – The Federal Board of Revenue (FBR) has launched an extensive audit initiative targeting the real estate sector in key cities across Pakistan, aiming to curb tax evasion in property transactions.
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2025 Tax Return Filers: Mastering Your Wealth Statement
The clock is ticking for the 2025 return filing season, and thousands of taxpayers are rushing to get their paperwork in order. But here’s a question for you: Do you actually know what a wealth statement is, and why it can make or break your return filing?
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SBP mandates H.S. Codes in all trade-linked transactions
Karachi, August 16, 2025 – The State Bank of Pakistan (SBP) has introduced stricter regulatory measures for the issuance of financial instruments (FIs) in connection with trade transactions, making it mandatory to include Harmonized System (H.S.) Codes and Unit of Measurement (UoM) details.
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SRB unveils Sindh’s top 10 tax withholding agents
Karachi, August 15, 2025 – The Sindh Revenue Board (SRB) has released its annual list of the top 10 tax withholding agents for the fiscal year 2023-24, recognizing entities that played a major role in collecting Sindh Sales Tax (SST) on services.
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FBR gears up for mega tax audit drive in textile sector
Karachi, August 15, 2025 – If you’re part of Pakistan’s textile industry, it’s time to pay close attention. The Federal Board of Revenue (FBR) is preparing to roll out a massive audit exercise targeting the textile sector and its various sub-sectors nationwide.
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FBR issues comprehensive super tax guidelines for FY 2025–26
Karachi, August 14, 2025 – The Federal Board of Revenue (FBR) has released an updated set of guidelines outlining the scope, calculation method, and applicable rates of the super tax for the fiscal year 2025–26, aiming to bring clarity to a measure that has remained under debate since its inception.
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