Islamabad – July 8, 2025: In a move set to ease the tax filing burden on millions of employees, the Federal Board of Revenue (FBR) has launched a simplified income tax return form exclusively for salaried individuals for Tax Year 2025.
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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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FBR drops tax bomb on property sellers in FY26
Islamabad, July 8, 2025 – In a bold fiscal strike that has sent shockwaves across Pakistan’s real estate market, the Federal Board of Revenue (FBR) has enforced enhanced advance tax rates on the sales and transfers of immovable property, effective July 1, 2025.
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FBR sets income tax return filing deadlines for TY2025
Karachi, July 8, 2025 — The Federal Board of Revenue (FBR) has officially announced the deadlines for filing income tax returns for Tax Year (TY) 2025. However, a growing wave of concern is emerging among taxpayers due to the FBR’s failure to release the necessary return forms—putting millions at risk of missing crucial deadlines.
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PM Shehbaz hails FBR, IB for Rs178 billion recovery
Islamabad, July 7, 2025 – Prime Minister Shehbaz Sharif has lauded the Federal Board of Revenue (FBR) and the Intelligence Bureau (IB) for their extraordinary collaboration that led to a historic recovery of Rs178 billion through anti-tax evasion and anti-hoarding operations.
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FBR starts recruitment for sub-inspectors in Pakistan Customs
Islamabad, July 7, 2025 — The Federal Board of Revenue (FBR) has officially launched the recruitment process for sub-inspectors in Pakistan Customs, aiming to fill 148 vacant posts across the country.
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AI-powered RMS revolutionizes Pakistan Customs clearance
Islamabad, July 7, 2025 – In a landmark development for trade and taxation, Pakistan has introduced its first-ever Artificial Intelligence (AI)-based Risk Management System (RMS) to modernize Customs operations and streamline import-export clearance processes.
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FBR releases list for regulatory duty exemptions on imports
Karachi, July 7, 2025 – The Federal Board of Revenue (FBR) has formally issued a detailed list specifying exemptions from regulatory duty on a wide range of imported goods.
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Islamabad lowers tax on software, IT services in FY26
Islamabad, July 7, 2025 – Big news for tech professionals and businesses! If you’re offering IT services in Islamabad, the tax landscape just became a lot more favorable — and it’s time to take notice.
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Transactions Ban Triggers ATL Record at 7.27 Million
Are you on Pakistan’s Active Taxpayers List (ATL)? If not, brace yourself — the system just got a lot tighter, and the consequences of staying out are steeper than ever!
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Tax-Free Total Income Costs FBR Rs443 Billion in FY25
Karachi, July 6, 2025 — Did you know the government’s decision to allow tax-free total income to certain groups cost the national exchequer a whopping Rs443 billion during fiscal year 2024–25? This eye-opening figure was revealed in a detailed report by the Federal Board of Revenue (FBR), highlighting the growing impact of tax exemptions on the country’s revenue base.
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