Islamabad, July 3, 2025 — Thinking about starting a new construction project in Islamabad this year? Whether you’re building a home, launching a commercial site, or developing an apartment complex, make sure you understand the latest construction tax rate before you break ground.
(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.
-
FBR Can Now See Your Internet History — Even If You Delete It!
Islamabad, July 3, 2025 — In a jaw-dropping expansion of surveillance powers, the Federal Board of Revenue (FBR) has been granted unprecedented access to your internet browsing history — even if you’ve cleared your cache or wiped your device clean.
(more…) -
Sections 37A, 37B: Tax Fraud on Trial
Islamabad, July 3, 2025 — Pakistan’s tax enforcement regime just entered a whole new territory, and the business community is on edge. With the implementation of Sections 37A and 37B of the Sales Tax Act, 1990 — introduced via the Finance Act, 2025 — the government has signaled zero tolerance for tax fraud.
(more…) -
FBR unleashes on-spot customs checks on cleared goods
Islamabad, July 3, 2025 — In a bold move to tighten its grip on the movement of goods across the country, the Federal Board of Revenue (FBR) has empowered customs officials to reexamine cargo — even after it has been cleared from customs stations.
(more…) -
PM Shehbaz applauds record 42% growth in FBR tax collection
Islamabad, July 2, 2025 – Prime Minister Shehbaz Sharif on Wednesday commended the Federal Board of Revenue (FBR) and the Ministry of Finance for achieving an unprecedented 42% surge in tax collection during the fiscal year 2024-25 — marking the most significant year-on-year revenue growth in a decade, as reported by APP.
(more…) -
Finance Ministry issues major errata to tax expenditure report
Islamabad, July 2, 2025 – In an unexpected twist that has stirred both curiosity and criticism, the Finance Ministry has issued a formal errata to its tax expenditure report for the fiscal year 2024-25, drastically revising earlier figures and raising questions about transparency in budget formulation.
(more…) -
Hidden Amnesty in Finance Act 2025? Let’s Break It Down Together
Islamabad, July 2, 2025 – Think tax amnesties are a thing of the past? Think again. In a surprising twist, the Finance Act, 2025 may have quietly reintroduced an amnesty—but this time, it’s wrapped in legalese and called the “declaration of sufficient sources.” Confused? Let’s walk through it.
(more…) -
How to pay just 5% sales tax at Islamabad restaurants?
Islamabad, July 2, 2025 – Dining out in Islamabad just got more affordable—if you know the rules. The Federal Board of Revenue (FBR) has introduced a new mechanism that lets customers pay only 5% sales tax at Islamabad restaurants, provided they follow one simple condition.
(more…) -
Parallel FBR audits of Honda Cars get court backing
Lahore, July 2, 2025 – In a landmark judgment, the Lahore High Court (LHC) has upheld the Federal Board of Revenue’s (FBR) authority to initiate audit proceedings under Section 177 of the Income Tax Ordinance, 2001, independent of ongoing reassessment proceedings under Section 122(5A).
(more…) -
SRB posts highest-ever monthly tax collection in June 2025
Karachi, July 1, 2025 – In a remarkable financial triumph, the Sindh Revenue Board (SRB) has shattered all previous records by achieving its highest-ever monthly tax collection, raking in a staggering Rs40.5 billion in June 2025.
(more…)