Multan, July 9, 2025 — A thunderous wave of resistance is sweeping across Pakistan as the business community unites in fierce opposition to the sweeping arrest and investigation powers granted to the Federal Board of Revenue (FBR) through the controversial Finance Act, 2025.
(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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FBR unveils simplified 2025 tax return form for salaried individuals
Islamabad – July 8, 2025: In a move set to ease the tax filing burden on millions of employees, the Federal Board of Revenue (FBR) has launched a simplified income tax return form exclusively for salaried individuals for Tax Year 2025.
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FBR drops tax bomb on property sellers in FY26
Islamabad, July 8, 2025 – In a bold fiscal strike that has sent shockwaves across Pakistan’s real estate market, the Federal Board of Revenue (FBR) has enforced enhanced advance tax rates on the sales and transfers of immovable property, effective July 1, 2025.
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FBR sets income tax return filing deadlines for TY2025
Karachi, July 8, 2025 — The Federal Board of Revenue (FBR) has officially announced the deadlines for filing income tax returns for Tax Year (TY) 2025. However, a growing wave of concern is emerging among taxpayers due to the FBR’s failure to release the necessary return forms—putting millions at risk of missing crucial deadlines.
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PM Shehbaz hails FBR, IB for Rs178 billion recovery
Islamabad, July 7, 2025 – Prime Minister Shehbaz Sharif has lauded the Federal Board of Revenue (FBR) and the Intelligence Bureau (IB) for their extraordinary collaboration that led to a historic recovery of Rs178 billion through anti-tax evasion and anti-hoarding operations.
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FBR starts recruitment for sub-inspectors in Pakistan Customs
Islamabad, July 7, 2025 — The Federal Board of Revenue (FBR) has officially launched the recruitment process for sub-inspectors in Pakistan Customs, aiming to fill 148 vacant posts across the country.
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LTO Karachi promises swift action on FPCCI tax woes
Karachi, July 7, 2025 – The Large Taxpayers Office (LTO) Karachi has assured the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) of its full cooperation in resolving the pressing tax and technical issues raised by the business community, particularly those arising from the newly introduced provisions of the Federal Budget 2025–26.
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AI-powered RMS revolutionizes Pakistan Customs clearance
Islamabad, July 7, 2025 – In a landmark development for trade and taxation, Pakistan has introduced its first-ever Artificial Intelligence (AI)-based Risk Management System (RMS) to modernize Customs operations and streamline import-export clearance processes.
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FBR releases list for regulatory duty exemptions on imports
Karachi, July 7, 2025 – The Federal Board of Revenue (FBR) has formally issued a detailed list specifying exemptions from regulatory duty on a wide range of imported goods.
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Unisame slams cash withdrawal tax: calls it daylight robbery
Karachi, July 7, 2025 – In a fiery appeal to the government, the Union of Small and Medium Enterprises (Unisame) has blasted the imposition of cash withdrawal tax, branding it an unfair and irrational burden on honest entrepreneurs and everyday citizens alike.
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