Islamabad, August 7, 2025 – In a significant administrative move, the Federal Board of Revenue (FBR) has announced a large-scale reshuffle involving 57 officers of the Inland Revenue Service in BS-19 and BS-20.
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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 slams media for misleading reports on FCA
Islamabad, August 7, 2025 — In a blistering rebuttal, the Federal Board of Revenue (FBR) has condemned what it calls a “malicious media campaign” aimed at sabotaging Pakistan Customs’ groundbreaking Faceless Customs Assessment (FCA) system.
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Bank Alfalah reports tax disputes with authorities
Karachi, August 7, 2025 – Bank Alfalah Limited has revealed that it is currently involved in several disputes with both federal and provincial tax authorities.
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FBR issues procedure for tax fraud probe under Section 37A
Islamabad, August 7, 2025 – The Federal Board of Revenue (FBR) on Thursday issued procedure for initiating tax fraud investigation under Section 37A of the Sales Tax Act, 1990.
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FBR targets 14 key sectors for intensive tax scrutiny
Karachi, August 6, 2025 – The Federal Board of Revenue (FBR) has launched the first phase of an aggressive tax scrutiny campaign, identifying 14 priority sectors for detailed auditing and compliance monitoring.
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Finance Act 2025 sets retail price for imported goods: FBR
Karachi, August 6, 2025 – The Federal Board of Revenue (FBR) has announced a significant policy change under the Finance Act, 2025, aimed at enhancing transparency and revenue collection through the regulation of retail pricing for imported goods.
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Bank deposits hit high, FBR tax intake drops
Karachi, August 5, 2025 – The Federal Board of Revenue (FBR) has reported a 5% decline in tax collection from profits on bank deposits during the fiscal year 2024-25, even as the country’s banking sector witnessed record-breaking deposit levels.
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PM Shehbaz orders red tape removal to accelerate FBR reforms
Islamabad, August 5, 2025 – Prime Minister Muhammad Shehbaz Sharif on Tuesday directed the immediate removal of red tape and institutional hurdles to ensure the permanent and effective implementation of wide-ranging reforms within the Federal Board of Revenue (FBR).
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NCCPL explains revised tax regime under Finance Act, 2025
Karachi, August 5, 2025 – The National Clearing Company of Pakistan Limited (NCCPL) on Tuesday issued a detailed circular outlining the revised tax regime for capital markets as introduced through the Finance Act, 2025.
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Deadline extended for June sales tax return to August 8
Islamabad, August 5, 2025 – In response to mounting complaints from taxpayers and consultants, the Federal Board of Revenue (FBR) has officially extended the deadline for filing the sales tax return for the month of June 2025 until August 8, 2025.
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