Islamabad, March 25, 2025 – The finance ministry has projected an increase in inflation over the coming months, attributing it to persistently high core inflation and rising costs in key sectors such as food and energy.
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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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FBR Establishes STRAW, Transfers 11 BS-21 IRS Officers
Islamabad, March 25, 2025 – The Federal Board of Revenue (FBR) has announced the establishment of the Strategic Tariff and Revenue Analysis Wing (STRAW) and has subsequently transferred 11 senior Inland Revenue Service (IRS) officers in BS-21 to this newly created division.
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FBR Issues Methodology for Settlement of Classification Disputes
Karachi, March 25, 2025 – The Federal Board of Revenue (FBR) has introduced a revised methodology to streamline the resolution of classification disputes in the customs domain.
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Kirthar JV Announces New Gas Discovery in Dadu, Sindh
Karachi, March 25, 2025 – In a significant development for Pakistan’s energy sector, the Pakistan Petroleum Limited (PPL) partner-operated Kirthar Joint Venture (Kirthar JV) has announced a new gas discovery in the Kirthar Block, situated in District Dadu, Sindh Province.
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SDPI Unmasks Tobacco Industry’s Economic Manipulations
Islamabad, March 24, 2025 – Dr. Waseem Iftikhar Janjua, Senior Advisor at the Sustainable Development Policy Institute (SDPI), has raised serious concerns regarding the manipulative tactics employed by the tobacco industry, particularly in tax evasion and policy influence.
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FBR Extends Filing Deadline for Sales Tax Returns Till March 27
Karachi, March 24, 2025 – The Federal Board of Revenue (FBR) has officially extended the deadline for filing sales tax returns until March 27, 2025.
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FBR Slows Tax Refunds to Boost FY25 Revenue
The Federal Board of Revenue (FBR) has deliberately slowed down the disbursement of tax refunds as part of its strategy to enhance revenue collection for the fiscal year 2024-25.
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Sales Tax Collection on Imports Sees 30% Surge in February 2025
Karachi, March 23, 2025 – The collection of sales tax on imports witnessed a significant 30% surge in February 2025, offering a much-needed boost to the Federal Board of Revenue (FBR) in its revenue collection efforts.
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PM Shehbaz Pushes FBR Reforms After Record Tax Recovery
Islamabad, March 23, 2025 – Prime Minister Shehbaz Sharif chaired a high-level meeting to assess the performance of the Federal Board of Revenue (FBR), where he lauded the institution for its historic recovery of Rs 34.5 billion.
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Pakistan’s Agriculture Tax Rates Among Highest in Region: ICMAP
Karachi, March 22, 2025 – A recent study by the Institute of Cost and Management Accountants of Pakistan (ICMAP) has highlighted that Pakistan’s agriculture tax rates are among the highest in the region, raising concerns about enforcement and long-term sectoral impact.
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