Islamabad, July 1, 2025 – In a significant fiscal measure aimed at strengthening domestic industries and regulating imports, the Federal Board of Revenue (FBR) has issued SRO 1151(I)/2025, dated June 30, 2025, to impose additional customs duty on a wide range of imported goods for the fiscal year 2025–26.
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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 Notifies Regulatory Duty Chart for FY 2025-26
Islamabad, July 1, 2025 – The Federal Board of Revenue (FBR) has officially notified the regulatory duty (RD) rates applicable for the fiscal year 2025–26, effective from July 1, 2025.
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Finance Act 2025: Major Amendments to Customs Duty
Islamabad, July 1, 2025 – The National Assembly has officially passed the Finance Act 2025, incorporating key changes to the customs duty regime of Pakistan as proposed earlier through the Finance Bill 2025.
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Finance Act 2025 –Highlights of Key Changes to Sales Tax
Islamabad, July 1, 2025 – The National Assembly of Pakistan has formally passed the Finance Act 2025, incorporating several pivotal amendments to the Sales Tax Act, 1990, as proposed earlier in the Finance Bill 2025.
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Finance Act 2025 – Highlights of Changes to Income Tax
The National Assembly has officially passed the Finance Act 2025, marking a pivotal shift in Pakistan’s income tax regime with wide-ranging amendments that will reshape fiscal compliance and broaden the tax base.
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After Decades, FBR Crosses 10% Tax-to-GDP Milestone
Islamabad, July 1, 2025 – In a landmark achievement that signals a turning point in Pakistan’s fiscal journey, the Federal Board of Revenue (FBR) has finally shattered a decades-old barrier by securing a double-digit tax-to-GDP ratio for the fiscal year 2024-25 — a feat last witnessed generations ago.
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LTO Karachi shatters all records with Rs3.27 trillion tax collection
KARACHI, July 1, 2025 — In a groundbreaking fiscal triumph, the Large Taxpayers Office (LTO) Karachi has shattered all previous records by amassing an unprecedented Rs3.27 trillion in tax collection during the financial year 2024–25 — a feat that is being hailed as a watershed moment in Pakistan’s taxation history.
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FBR bars India, Israel from global services procurement process
Karachi, July 1, 2025 — The Federal Board of Revenue (FBR) has officially declared India and Israel ineligible to participate in its ongoing international procurement process for audit-related services, reaffirming compliance with Pakistan’s federal policy directives.
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KTBA requests deadline extension for electronic tax integration
Karachi, June 30, 2025 – The Karachi Tax Bar Association (KTBA) has formally appealed to the Federal Board of Revenue (FBR) for an urgent extension in the deadline for mandatory electronic integration under the sales tax invoicing system.
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FBR reduces transit cargo examination to 5% to boost efficiency
Islamabad, June 30, 2025 – The Federal Board of Revenue (FBR) on Monday officially announced the reduction of transit cargo examination to just 5%. This step is aimed at minimizing procedural delays and enhancing Pakistan’s role as a regional transit hub.
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