Islamabad, November 1, 2025 – Get ready, taxpayers — a massive tax storm is on the horizon! The Federal Board of Revenue (FBR) has been handed an ambitious target to almost double Pakistan’s total tax collection to a staggering Rs22 trillion by fiscal year 2029-30.
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Find top stories in this section. Pakistan Revenue brings you the latest and most important news from Pakistan and around the world, keeping you informed with key updates and insights.
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PM Shehbaz lauds FBR for achieving milestone in tax filings
Islamabad, November 1, 2025 – Prime Minister Shehbaz Sharif has commended the Federal Board of Revenue (FBR) for achieving a historic milestone of 5.9 million income tax return filings during the fiscal year 2025 — the highest in Pakistan’s history.
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FBR unveils first ATL 2025: 6.24 million filers, massive shortfall sparks concern
Islamabad, November 1, 2025 – In a major development, the Federal Board of Revenue (FBR) has officially released the first Active Taxpayers List (ATL) for Tax Year 2025, revealing that 6.24 million taxpayers have filed their income tax returns — a number that’s raised eyebrows across financial circles.
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Govt raises petrol, diesel prices for first fortnight of November 2025
Islamabad, October 31, 2025 – The federal government has announced an increase in petrol and diesel prices for the first half of November 2025, following recommendations from the Oil and Gas Regulatory Authority (OGRA).
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FBR shuts down 2025 return filing with huge deficit despite record compliance
Islamabad, October 31, 2025 – The Federal Board of Revenue (FBR) officially closed the 2025 income tax return filing process on Friday, refusing to extend the deadline beyond October 31 despite a significant shortfall from active taxpayer numbers.
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Pakistan unveils offshore exploration bidding results after 18-year gap
Islamabad, October 31, 2025 – In a landmark move to strengthen Pakistan’s energy security and boost local resource development, the Ministry of Energy (Petroleum Division) has announced the results of the Offshore Bid Round 2025, held after an 18-year hiatus.
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KSE-100 Index rebounds sharply amid Pakistan-Afghan ceasefire optimism
Karachi, October 31, 2025 – The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) witnessed a remarkable rebound on Friday, gaining 3.13% day-on-day (DoD), as investors welcomed reports of a ceasefire agreement between Pakistan and the Afghan Taliban regime.
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PM Shehbaz orders forensic audit of PRAL over major sales tax fraud
Islamabad, October 30, 2025 – Prime Minister Shehbaz Sharif has ordered a forensic audit of Pakistan Revenue Automation Limited (PRAL) through an international consultancy firm after being briefed on a massive sales tax fraud that reportedly occurred due to outdated digital systems and poor monitoring.
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FBR reports robust FY25 tax collection despite India tensions and global conflicts
Islamabad, October 29, 2025 – The Federal Board of Revenue (FBR) has reported a strong performance in Pakistan’s federal tax collection during fiscal year 2024-25 (FY25), despite regional tensions with India and ongoing conflicts in the Middle East and Europe.
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FBR achieves historic 10.3% tax-to-GDP ratio in FY25
Islamabad, October 29, 2025 – In a major fiscal milestone, the Federal Board of Revenue (FBR) announced on Wednesday that Pakistan’s tax-to-GDP ratio surged to 10.3% in the fiscal year 2024–25 — breaking a decade-long stagnation that averaged just 8.7%.
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