Islamabad, August 27, 2025 – The Federal Board of Revenue (FBR) has released a draft withholding statement form specifically designed for the online marketplace sector, marking a step towards enhancing compliance and transparency in digital commerce.
Through SRO 1634(I)/2025, the FBR has notified the draft statement that every online marketplace will be required to file, as per proposed amendments to the Income Tax Rules, 2002. These amendments are aligned with sub-section (2) of Section 165C of the Income Tax Ordinance, 2001, which mandates the furnishing of a monthly statement detailing transactional data and the aggregate quantum of sellers registered with each online marketplace.
The FBR clarified that if an online marketplace also provides courier services, it will be responsible for filing additional statements under Rule 44, in line with Part-X of the Second Schedule to the Income Tax Rules.
Moreover, pursuant to sub-section (2) of Section 165 and sub-section (1) of Section 165C, couriers and payment intermediaries involved in tax collection or deduction under various divisions of the Ordinance must electronically submit quarterly statements according to the following deadlines:
• For the quarter ending March 31 – by April 20
• For the quarter ending June 30 – by July 20
• For the quarter ending September 30 – by October 20
• For the quarter ending December 31 – by January 20
The initiative reflects the FBR’s broader strategy to streamline tax compliance in Pakistan’s growing digital economy, ensuring proper documentation of financial activities conducted via online platforms and boosting overall tax transparency.