Islamabad, December 31, 2025 — The Federal Board of Revenue (FBR) on Wednesday announced the demotion of a senior Inland Revenue Service (IRS) officer in BS-20 after disciplinary proceedings established charges of inefficiency and misconduct, following orders from the Prime Minister.
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Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
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Gadani Customs seizes smuggled betel nuts worth Rs252.2 million
Karachi, December 31, 2025 — In a major intelligence-based anti-smuggling operation, Gadani Customs Enforcement Collectorate, with support from the Frontier Corps (FC) and local police, seized 30.5 metric tons of smuggled betel nuts of foreign origin along with four passenger buses near Ashok Pump, District Hub. The total estimated value of the seized goods and vehicles amounts to Rs252.5 million.
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FBR cracks down on exporters after sharp drop in declared income
Islamabad, December 31, 2025 — The Federal Board of Revenue (FBR) has initiated a comprehensive scrutiny exercise targeting exporters after observing a significant decline in their declared taxable income for the tax year 2025. This move aims to ensure compliance with updated tax regulations and curb potential revenue losses.
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Islamabad traders protest FBR’s POS device installation policy
Islamabad – Traders in the federal capital on Tuesday staged a protest against the Federal Board of Revenue’s (FBR) move to install Point of Sale (POS) devices at retail outlets, calling the policy a “black law” and demanding its immediate withdrawal.
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FBR Catches Digital Information of Taxpayers in Tax Year 2026
With Pakistan’s tax system rapidly going digital, the Federal Board of Revenue (FBR) has significantly expanded its ability to access real-time digital data of taxpayers in tax year 2026. If you think your financial footprint is limited to tax returns only—think again.
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Taxpayers Get Ready in 2026: FBR Can Enter Your Premises Without Notice
Taxpayers in Pakistan should be fully aware that income tax laws empower the Federal Board of Revenue (FBR) to enter business or residential premises without prior notice. With stricter enforcement measures in place for tax year 2026, compliance and proper record-keeping have become more important than ever.
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How Many Years Should You Keep Income Tax Records? Taxpayers Must Know
Keeping proper tax records is not just good practice—it is a legal requirement in Pakistan. Many taxpayers are unaware of how long they must retain documents, which can lead to serious issues during audits or investigations by the Federal Board of Revenue (FBR).
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FBR explains safeguards for tax-free imports into Gilgit-Baltistan
The Federal Board of Revenue (FBR) has addressed concerns raised by traders and business bodies regarding the proposed procedure for tax-free imports meant exclusively for Gilgit-Baltistan (GB).
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Inspector RTO Karachi sacked for illegal access to taxpayers’ data
Islamabad, December 30, 2025 – The Federal Board of Revenue (FBR) has dismissed an inspector posted at Regional Tax Office (RTO)-I Karachi for illegally accessing and misusing taxpayers’ data.
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SBP orders banks to extend working hours on December 31 to facilitate taxpayers
Karachi, December 30, 2025 – The State Bank of Pakistan (SBP) on Tuesday instructed all commercial banks to extend their working hours on December 31, 2025, to facilitate taxpayers in the smooth payment of government duties and taxes ahead of the year-end deadline.
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