Islamabad, August 7, 2025 – In a significant development within the Federal Board of Revenue (FBR), Wajid Ali, a senior officer of the Pakistan Customs Service (PCS) in BS-22, has been appointed as the new Member Customs Operations.
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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 reshuffles 57 IR officers in BS-19 to BS-20
Islamabad, August 7, 2025 – In a significant administrative move, the Federal Board of Revenue (FBR) has announced a large-scale reshuffle involving 57 officers of the Inland Revenue Service in BS-19 and BS-20.
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FBR slams media for misleading reports on FCA
Islamabad, August 7, 2025 — In a blistering rebuttal, the Federal Board of Revenue (FBR) has condemned what it calls a “malicious media campaign” aimed at sabotaging Pakistan Customs’ groundbreaking Faceless Customs Assessment (FCA) system.
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Bank Alfalah reports tax disputes with authorities
Karachi, August 7, 2025 – Bank Alfalah Limited has revealed that it is currently involved in several disputes with both federal and provincial tax authorities.
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FBR issues procedure for tax fraud probe under Section 37A
Islamabad, August 7, 2025 – The Federal Board of Revenue (FBR) on Thursday issued procedure for initiating tax fraud investigation under Section 37A of the Sales Tax Act, 1990.
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FBR targets 14 key sectors for intensive tax scrutiny
Karachi, August 6, 2025 – The Federal Board of Revenue (FBR) has launched the first phase of an aggressive tax scrutiny campaign, identifying 14 priority sectors for detailed auditing and compliance monitoring.
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Finance Act 2025 sets retail price for imported goods: FBR
Karachi, August 6, 2025 – The Federal Board of Revenue (FBR) has announced a significant policy change under the Finance Act, 2025, aimed at enhancing transparency and revenue collection through the regulation of retail pricing for imported goods.
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Bank deposits hit high, FBR tax intake drops
Karachi, August 5, 2025 – The Federal Board of Revenue (FBR) has reported a 5% decline in tax collection from profits on bank deposits during the fiscal year 2024-25, even as the country’s banking sector witnessed record-breaking deposit levels.
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PM Shehbaz orders red tape removal to accelerate FBR reforms
Islamabad, August 5, 2025 – Prime Minister Muhammad Shehbaz Sharif on Tuesday directed the immediate removal of red tape and institutional hurdles to ensure the permanent and effective implementation of wide-ranging reforms within the Federal Board of Revenue (FBR).
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NCCPL explains revised tax regime under Finance Act, 2025
Karachi, August 5, 2025 – The National Clearing Company of Pakistan Limited (NCCPL) on Tuesday issued a detailed circular outlining the revised tax regime for capital markets as introduced through the Finance Act, 2025.
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