Islamabad, September 16, 2025 – The Federal Board of Revenue (FBR) has provided detailed guidelines on group relief under Section 59B of the Income Tax Ordinance, 2001, for the tax year 2025-26.
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FBR, Pakistan’s national tax collecting agency, plays a crucial role in the country’s economy. Pakistan Revenue is committed to providing readers with the latest updates and developments regarding FBR activities.
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Understanding Group Taxation in Pakistan for 2025-26
Islamabad, September 16, 2025 – The Federal Board of Revenue (FBR) has explained how group taxation will work in Pakistan during the tax year 2025-26 under Section 59AA of the Income Tax Ordinance, 2001.
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Short-Term Residency: How FBR Treats Foreign Income
Islamabad, September 16, 2025 – The Federal Board of Revenue (FBR) has clarified the rules for taxation of foreign-source income earned by individuals who qualify as short-term residents in Pakistan during the tax year 2025-26.
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FBR launches action over FCA leaked report allegations
Islamabad, September 16, 2025 – The Federal Board of Revenue (FBR) has formally initiated action against individuals suspected of involvement in the unauthorized leakage of a sensitive report related to the Faceless Customs Assessment (FCA) system.
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FBR prescribes penalties for non-issuance of sales tax invoice
Islamabad, September 15, 2025 – The Federal Board of Revenue (FBR) has announced new penalties for taxpayers who fail to comply with requirements regarding the issuance of sales tax invoice during the tax year 2025-26.
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FBR Sets Penalties for Non-Filing of Sales Tax Returns
Islamabad, September 15, 2025 – The Federal Board of Revenue (FBR) has officially outlined monetary penalties for individuals and entities that fail to file their sales tax returns within the prescribed deadlines during the tax year 2025-26.
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FBR may extend deadline for sales tax integration
Karachi, September 15, 2025 – The Federal Board of Revenue (FBR) is considering an extension of the deadline for sales tax integration of registered taxpayers’ invoicing systems with its central platform, following growing concerns from the business community.
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Dream Number: FBR Nears 8 Million Active Taxpayers
Karachi, September 15, 2025 – The Federal Board of Revenue (FBR) is on the verge of achieving a historic milestone of 8 million active taxpayers for the tax year 2024, according to the latest figures released on Monday.
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Tax exemption to electricity companies surge 173%: FBR
Karachi, September 14, 2025 – The Federal Board of Revenue (FBR) has reported a massive surge in tax benefits provided to the electricity generation sector.
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Income Tax Credits Surge to Rs78 Billion: FBR
The Federal Board of Revenue (FBR) has reported a significant jump in income tax credits, which surged to Rs78 billion in tax year 2024 compared to Rs24 billion in the preceding year.
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