Islamabad, June 16, 2025 – The Federal Board of Revenue (FBR) has revealed that several influential individuals, including a former senator and ex-customs official, were involved in high-value tax fraud, prompting renewed debate over the FBR’s proposed arrest powers in the Finance Bill, 2025.
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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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STBA condemns FM remarks on tax filing without legal assistance
Sargodha, June 15, 2025 – The Sargodha Tax Bar Association (STBA) has strongly condemned the recent remarks made by Finance Minister Muhammad Aurangzeb during his budget speech, in which he suggested that taxpayers would no longer need the services of lawyers or tax practitioners to file their returns.
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Langrial defends FBR’s arrest powers in tax fraud crackdown
ISLAMABAD, June 15, 2025 — In a heated debate over the Finance Bill, 2025, Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial came out strongly in defense of the proposed amendments granting FBR sweeping powers to arrest individuals involved in tax fraud.
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Finance Bill 2025: tempered vehicles to be declared as smuggled
ISLAMABAD, June 15, 2025 — In a bold crackdown on illicit auto trade, the Federal Board of Revenue (FBR) has introduced a major reform in the Finance Bill, 2025, declaring that all tempered vehicles—regardless of their registration status—will now be treated as smuggled vehicles.
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FBR distributes Honda Cars amid firestorm of controversy
KARACHI, June 15, 2025 — In a sensational move that’s ignited a storm of public outrage, the Federal Board of Revenue (FBR) has officially begun the distribution of Honda City 1.2L cars to its officers, despite widespread criticism and serious allegations swirling around the procurement process.
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FBR empowered to deny or limit input tax adjustment
Karachi, June 15, 2025 – The Federal Board of Revenue (FBR) has been granted enhanced powers to deny or restrict input tax adjustment under the Finance Bill, 2025.
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FBR gets sweeping powers to access internet user data
Karachi, June 14, 2025 – In a move aimed at curbing sales tax fraud, the Federal Board of Revenue (FBR) has been granted extensive powers to access the personal data of internet users.
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FBR crushes benami ownership, seizes Islamabad housing plots
Islamabad, June 14, 2025 – In a landmark move, the Federal Board of Revenue (FBR) has successfully confiscated the first-ever benami immovable property in Islamabad under the Benami Transactions (Prohibition) Act, 2017.
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2025-26 budget incorporates several ICMAP proposals
Karachi, June 14, 2025 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has lauded the federal government for integrating several of its key recommendations in the newly unveiled budget for the fiscal year 2025-26.
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Special judges to decide tax fraud cases instead of FBR officers
Karachi, June 14, 2025 – In a major policy shift, the Federal Board of Revenue (FBR) has proposed that cases involving sales tax fraud will now be adjudicated by special judges, rather than by FBR officers.
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