Karachi, July 12, 2025 — The Federal Tax Ombudsman (FTO) has strongly criticized the Federal Board of Revenue (FBR) for harassing exporters by arbitrarily blocking or suspending their Sales Tax Registration Numbers (STRNs) on unproven allegations of tax fraud — in direct violation of superior court rulings.
(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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Ready to File Your 2025 Tax Return? Start by Registering with FBR
Karachi, July 12, 2025 — Planning to file your income tax return for 2025? The Federal Board of Revenue (FBR) wants you to know that the first and most crucial step in the return filing process is registration.
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Return filing 2025 now mandatory for income above Rs300,000
Islamabad, July 12, 2025 — Are you running a business and your annual income exceeds Rs300,000? If yes, then get ready — return filing for Tax Year 2025 is no longer optional. Mark your calendar: September 30, 2025, is the deadline for submitting your income tax return to the Federal Board of Revenue (FBR).
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FBR to invoke Section 37A only against fraudsters: Member
Islamabad, July 12, 2025 — Dr. Hamid Ateeq Sarwar, Member Inland Revenue (Operations) of the Federal Board of Revenue (FBR), stated that the arrest powers under Section 37A of the Sales Tax Act, 1990 will only be invoked against tax fraudsters and not legitimate traders or manufacturers.
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FBR tightens oversight on terminal operators
Karachi, July 11, 2025 – In a move to enhance transparency and strengthen regulatory oversight, the Federal Board of Revenue (FBR) has launched a comprehensive monitoring framework for terminal operators operating at sea ports, off-dock terminals, dry ports, and land border stations.
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FBR urges businesses: Limit cash to avoid tax troubles
Islamabad, July 11, 2025 – The Federal Board of Revenue (FBR) is making headlines once again—this time by strongly advising businesses across Pakistan to avoid cash sales and adopt banking or digital channels for transactions exceeding Rs200,000.
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How new tax changes impact FBR property valuations in Karachi
Karachi, July 11, 2025 — The Federal Board of Revenue (FBR) has once again brought Karachi’s real estate sector into the spotlight with significant tax changes introduced through the Finance Act, 2025, which directly impact the official property valuations used to calculate taxes on real estate transactions.
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Court halts FBR’s move in tax integration dispute
Karachi, July 10, 2025 — In a significant development, the Peshawar High Court (PHC) has granted interim relief to five oil and ghee manufacturers by issuing a stay order against the Federal Board of Revenue (FBR) in an ongoing dispute regarding mandatory tax integration.
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Islamabad notifies tax rates on services by marriage halls
Islamabad, July 11, 2025 – Planning a wedding in Islamabad this year? You might want to take a closer look at the latest tax update! The Federal Board of Revenue (FBR) has officially notified revised tax rates on services provided by marriage halls and related venues for the fiscal year 2025-26.
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FBR launches virtual review under faceless assessment system
Karachi, July 10, 2025 – In a significant step towards enhancing transparency and efficiency, the Federal Board of Revenue (FBR) has officially introduced a virtual review mechanism under its faceless assessment system.
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