Lahore, August 11, 2025 – In a move that could send shockwaves through Pakistan’s tax community, the Lahore Tax Bar Association (LTBA) has delivered a stinging rebuke to the Federal Board of Revenue (FBR), challenging the legality of the ongoing 2025 return filing process — which, astonishingly, has commenced without the issuance of a formal notification.
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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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Okara Tax Bar flags glitches in 2025 annual return filing
August 11, 2025 – The Okara Tax Bar Association has raised serious concerns over persistent glitches in the annual return filing process for tax year 2025, urging the Federal Board of Revenue (FBR) to address the issues on an urgent basis.
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FBR identifies Tier-1 retailers for tax year 2026
Islamabad, August 2025 – The Federal Board of Revenue (FBR) has officially identified Tier-1 retailers for the tax year 2026 (covering July 2025 to June 2026), in line with updated sales tax regulations.
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FBR defines public company for tax year 2026
Islamabad, August 10, 2025 – To help taxpayers understand corporate taxation, the Federal Board of Revenue (FBR) has issued a detailed clarification on what qualifies as a public company under Pakistan’s tax laws for the tax year 2026, covering the period from July 2025 to June 2026.
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What is permanent establishment under Pakistan’s tax laws?
Islamabad, August 10, 2025 – The Federal Board of Revenue (FBR) has issued a detailed explanation of the concept of permanent establishment under Pakistan’s income tax laws to remove ambiguities and help businesses correctly determine their tax liabilities.
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Online marketplace under Pakistan’s income tax laws
Karachi, August 10, 2025 – The Finance Act, 2025 has introduced major reforms in Pakistan’s taxation framework, specifically targeting the rapidly growing online marketplace sector.
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FBR redefines non-profit organization for tax year 2025-26
Islamabad, August 10, 2025 – The Federal Board of Revenue (FBR) has issued a revised definition of a non-profit organization for taxation purposes in the tax year 2025-26, aiming to bring more clarity and transparency to the sector.
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Banks and tax fraud: FBR ends long-standing immunity
Karachi, August 10, 2025 – In a major crackdown on financial malpractice, the Federal Board of Revenue (FBR) has shattered the long-standing belief that banks are immune from legal consequences when involved in tax fraud.
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Super tax reduction planned under new industrial policy
ISLAMABAD – The federal government has decided to gradually reduce the super tax rate for the manufacturing sector as part of its upcoming industrial policy.
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Sindh ranks first in sales tax collection FY25
Islamabad, August 10, 2025 – Sindh has emerged as the top-performing province in Pakistan for the collection of sales tax on services during the fiscal year 2024-25, surpassing all other provinces in both revenue and growth rate.
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