Islamabad, July 23, 2025 – In a dramatic turn of events, the Federal Board of Revenue (FBR) has dropped the hammer on a principal appraiser involved in a serious case of negligence that cost the exchequer dearly.
(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.
-
PM Shehbaz directs FBR to curb informal economy
Islamabad, July 23, 2025 – Prime Minister Shehbaz Sharif on Wednesday reaffirmed his government’s commitment to comprehensive tax reforms and directed the Federal Board of Revenue (FBR) to intensify its efforts to bring the informal economy into the tax net.
(more…) -
FBR tightens grip on sales tax evaders with new restrictions
Karachi, July 23, 2025 – If you’re a business engaged in taxable supplies and still haven’t registered for sales tax, it’s time to take notice! The Finance Act, 2025 has introduced tough new restrictions through three powerful sections—14AC, 14AD, and 14AE—under the Sales Tax Act, 1990. These sweeping changes aim to crack down on unregistered persons and bring them into the formal tax net.
(more…) -
FBR opens tax year 2025 filing amid glitches: Ali A. Rahim
Karachi, July 22, 2025 – The Federal Board of Revenue (FBR) has officially launched the income tax return filing portal for Tax Year 2025 — but not without complications. According to Ali A. Rahim, President of the Karachi Tax Bar Association (KTBA), taxpayers are encountering a wave of technical issues that are hampering the filing process.
(more…) -
FBR tightens control over processed tobacco movement
Islamabad, July 22, 2025 – The Federal Board of Revenue (FBR) has introduced a more stringent procedure for the removal and movement of processed tobacco from Green Leaf Threshing (GLT) units and associated warehouses.
(more…) -
Is your registered vehicle at risk of being declared smuggled?
If you own a registered vehicle in Pakistan, there’s an important new legal update you should know about—your car or bike can now be treated as a smuggled vehicle even if it’s properly registered with the provincial excise department.
(more…) -
FBR explains key concepts of sales tax laws
Karachi, July 22, 2025 – The Federal Board of Revenue (FBR) has shared essential concepts of sales tax laws, especially in light of the latest reforms introduced under the Finance Act, 2025.
(more…) -
Only tax registered sellers can sell online in Pakistan: expert
Karachi, July 21, 2025 – Big changes are now live for Pakistan’s e-commerce sector under the Finance Act, 2025. According to renowned tax expert and High Court Advocate Muhammad Zeeshan Merchant, only tax registered sellers are eligible to make online supplies under the new legal framework.
(more…) -
FBR punishes customs officials in Samsung Galaxy A7 case
Karachi, July 21, 2025 – The Federal Board of Revenue (FBR) has penalized three customs officials from the Collectorate of Customs Airports, Karachi, for their role in the incorrect examination, assessment, and clearance of consignments containing “New Samsung Galaxy Tablets A7.”
(more…) -
FBR issues fresh customs values for solar panels
Karachi, July 21, 2025 – The Federal Board of Revenue (FBR) has announced revised customs values for imported solar panels, taking into account the sharp decline in global market prices.
(more…)