Karachi, May 23, 2025 – In a move that could dramatically reshape Pakistan’s economic trajectory, the Association of Chartered Certified Accountants (ACCA) Pakistan has launched a groundbreaking Budget Proposal for fiscal year 2025–26.
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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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Foreign investors urge tax relief for beverage industry in budget
Karachi, May 23, 2025 – Foreign investors operating in Pakistan have called on the government to provide tax relief for the beverage industry in the upcoming federal budget for fiscal year 2025-26.
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FBR deploys 520 third-party auditors to enhance tax scrutiny
Karachi, May 23, 2025 – In a significant move to improve tax compliance and strengthen audit operations, the Federal Board of Revenue (FBR) has announced the deployment of approximately 520 third-party auditors across its various regional field formations.
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FBR rakes in Rs30 billion from Karachi electricity consumers
Karachi, May 23, 2025 – In a massive revenue windfall, the Federal Board of Revenue (FBR) has collected a staggering Rs30 billion in withholding tax from electricity consumers in Karachi during the first ten months (July–April) of the current fiscal year 2024–25.
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Customs to auction rusted, seized vehicles on May 29 at Gadani
Karachi, May 23, 2025 – The Collectorate of Customs (Enforcement), Gadani, has announced a significant auction of confiscated vehicles scheduled for May 29, 2025.
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Pakistan Budget 2025-26 targets chocolates, cookies with taxes
Islamabad, May 23, 2025 – A bitter twist awaits the sweet-toothed across Pakistan as the government prepares to slap a higher Federal Excise Duty (FED) on beloved treats like chocolates and cookies in the upcoming Budget 2025-26.
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Budget 2025-26: FBR rejects final tax regime revival for exporters
Islamabad, May 23, 2025 – In a stunning blow to the country’s vital export sector, the Federal Board of Revenue (FBR) has flatly denied any plans to reinstate the Final Tax Regime (FTR) for exporters in the upcoming Budget 2025-26.
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FBR orders Saturday overtime to supercharge tax collection drive
Islamabad, May 22, 2025 — In a bold and urgent move to ramp up tax revenue, the Federal Board of Revenue (FBR) has sounded the alarm and issued fresh directives to its nationwide tax offices, calling for extended enforcement operations and late-night sittings on Saturday, May 31, 2025—a clear sign of intensifying efforts to meet its ambitious collection goals.
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ABAD proposes abolishing Section 7E – deemed property income
Karachi, May 22, 2025 – In a powerful and urgent appeal, the Association of Builders and Developers of Pakistan (ABAD) has demanded the immediate abolition of the controversial deemed income tax under Section 7E of the Income Tax Ordinance, 2001.
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FBR admits high taxes forcing capital flight to Dubai
In a revelation that has sent shockwaves through the country’s economic corridors, the Federal Board of Revenue (FBR) has officially admitted that high tax rates and rigid fiscal policies are triggering an alarming capital flight to Dubai.
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