ISLAMABAD – The Federal Board of Revenue (FBR) has achieved a historic milestone, announcing that the number of active taxpayers in Pakistan has reached 7.5 million as of July 31, 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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Pakistan slaps penalty in trade-based money laundering case
ISLAMABAD – In a landmark crackdown on financial crime, Pakistan has imposed a record monetary penalty of Rs111 billion on 13 import firms involved in a massive money laundering operation through inflated invoices on solar panel imports. This is one of the most significant trade-based money laundering cases in the country’s history, exposing deep-rooted vulnerabilities in the trade and financial system.
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FBR exceeds revenue collection target for July 2025
ISLAMABAD – The Federal Board of Revenue (FBR) has achieved a strong start to the fiscal year 2025-26 by surpassing its revenue collection target for July 2025.
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FBR issues fresh customs values for solar inverters
Karachi, July 31, 2025 – In a significant move impacting the renewable energy sector, the Directorate General of Customs Valuation has released fresh customs values for imported solar inverters, aimed at ensuring a more transparent and market-aligned assessment of duties and taxes.
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Habib Bank pays Rs41 billion in income tax during 1HCY25
Karachi, July 31, 2025 – Habib Bank Limited (HBL) has reported a significant contribution of Rs41 billion in income tax payments during the first half of the calendar year 2025 (January–June), underscoring the bank’s expanding profitability and its vital role in Pakistan’s financial sector.
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FBR clarifies scope of digital presence tax
Islamabad, July 30, 2025 – The Federal Government has announced that the newly introduced Digital Presence Proceeds Tax will not apply to digitally ordered goods and services supplied from outside Pakistan, provided they are already chargeable under the provisions of the same law.
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FBR starts action against taxpayers over integration failure
Islamabad, July 30, 2025 – The Federal Board of Revenue (FBR) has begun penal proceedings against taxpayers who failed to meet the mandatory integration requirements with its electronic tax system.
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FBR lists categories exempt from filing 2025 tax return
Karachi, July 30, 2025 – The Federal Board of Revenue (FBR) has issued a clarification outlining specific categories of individuals who are not required to file income tax return for the tax year 2025.
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Allied Bank, Befiler join forces for seamless 2025 tax filing
Allied Bank, one of Pakistan’s top commercial banks, has officially partnered with Befiler, a leading digital tax filing platform, to revolutionize the 2025 tax return filing process.
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FBR launches crackdown on Benami used cars import
KARACHI, July 30, 2025 – In a dramatic enforcement blitz, the Federal Board of Revenue (FBR) has unleashed a sweeping investigation into Benami transactions linked to the import of old and used cars, signaling a no-holds-barred approach to dismantling one of Pakistan’s most entrenched tax-evasion rackets.
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