Karachi, August 9, 2025 – The Faceless Customs Assessment (FCA) system has driven a remarkable 50% surge in revenue collection for Pakistan Customs, according to Associated Press of Pakistan (APP).
(more…)Category: Taxation
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 changes taxpayers’ registration scheme for 2025-26
Islamabad, August 9, 2025 – The Federal Board of Revenue (FBR) has announced important changes to the taxpayers’ registration scheme for the 2025-26 fiscal year, introducing new rules to cover e-commerce businesses under the Finance Act, 2025.
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Peshawar Customs to hold major vehicle auction on Aug 12
Peshawar, August 8, 2025 – The Collectorate of Customs (Enforcement), Peshawar, has announced that it will conduct a large-scale public auction of confiscated and non-duty-paid vehicles on August 12, 2025.
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LTO Karachi recovers Rs4 billion CVT from foreign assets
KARACHI, August 8, 2025 — In a stunning fiscal triumph, the Large Taxpayers Office (LTO) Karachi has unleashed its enforcement might, recovering a jaw-dropping Rs4 billion in Capital Value Tax (CVT) from foreign assets during the 2024-25 fiscal year.
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FBR uses new FED to track poultry sector output
ISLAMABAD, August 8, 2025 — The Federal Board of Revenue (FBR) has announced that the recently imposed Federal Excise Duty (FED) on day-old chicks (DOCs) will serve as a powerful tool to monitor production in Pakistan’s vast poultry sector.
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FBR officially withdraws FED on immovable property
ISLAMABAD, August 8, 2025 — In a major policy shift welcomed by the real estate sector, the Federal Board of Revenue (FBR) has officially withdrawn the Federal Excise Duty (FED) on the allotment or transfer of immovable property.
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FBR limits input tax adjustment, implements CRM framework
KARACHI, August 8, 2025 – The Federal Board of Revenue (FBR) has announced new restrictions on input tax adjustment, linking the process to its Compliance Risk Management (CRM) system.
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Wajid Ali Appointed as Member Customs Operations
Islamabad, August 7, 2025 – In a significant development within the Federal Board of Revenue (FBR), Wajid Ali, a senior officer of the Pakistan Customs Service (PCS) in BS-22, has been appointed as the new Member Customs Operations.
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FBR reshuffles 57 IR officers in BS-19 to BS-20
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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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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