Islamabad, September 26, 2025 – The Federal Board of Revenue (FBR) has officially withdrawn the controversial column requiring taxpayers to declare the estimated market value of their assets in the annual income tax return for tax year 2025.
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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 keeps IR offices open ahead of return deadline
Islamabad, September 26, 2025 – The Federal Board of Revenue (FBR) has issued instructions to Inland Revenue (IR) offices to remain operational on Saturday, September 27, and Sunday, September 28, treating them as regular working days.
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FTO probes controversial changes to wealth statement
Islamabad, September 26, 2025 – The Federal Tax Ombudsman (FTO) has initiated an investigation into recent changes made to the wealth statement, a crucial component of the annual income tax return.
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FBR excludes key income tax exemptions from estimates
Islamabad, September 26, 2025 – The Federal Board of Revenue (FBR) has clarified that several income tax exemptions and concessions have been deliberately excluded from its official estimates in the newly issued Tax Expenditure Report 2025.
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FBR’s Magical Return Form: Changed Without Change!
In yet another episode of “Taxpayers vs. Logic,” the Federal Board of Revenue (FBR) has officially declared that the 2025 income tax return form has not changed at all—except that it now magically requires new restrictions.
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Pakistan alters wealth statement rules, says Zaidi
KARACHI – Shabbar Zaidi, Pakistan’s top tax expert and former chairman of the Federal Board of Revenue (FBR), has raised serious concerns over the revised Wealth Tax Statement introduced for the 2025 tax period.
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Tax experts reject market value rule in 2025 returns
KARACHI – Leading tax practitioners have urged the Federal Board of Revenue (FBR) to withdraw the recently added requirement of declaring the estimated market value of assets in income tax returns for the year 2025.
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FBR clarifies market value requirement for 2025 return filing
Islamabad, September 25, 2025 – The Federal Board of Revenue (FBR) has issued a detailed clarification regarding the 2025 income tax return filing process, addressing widespread confusion on social media.
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Business leaders slam FBR over 2025 return form chaos
KARACHI, September 25 – The business and industrial community has united in harsh criticism of the Federal Board of Revenue (FBR) for making sudden amendments to the 2025 income tax return and wealth statement forms just days before the September 30 deadline.
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Wealth Statement 2025 Chaos – Taxpayers Face New Trap
Islamabad, September 24, 2025 – In a dramatic twist, the Federal Board of Revenue (FBR) has stunned taxpayers by abruptly amending the wealth statement form for the tax year 2025, sparking widespread confusion, speculation, and even whispers of a looming wealth tax.
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