Karachi, August 28, 2025 – In a blistering takedown, the Karachi Tax Bar Association (KTBA) has unleashed a scathing critique of the Federal Board of Revenue (FBR), branding the tax authority’s handling of annual return forms and its glitch-ridden IRIS portal as a “catastrophic failure” that is sabotaging taxpayers across Pakistan.
(more…)Tag: FBR
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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Joint and several liability for unpaid sales tax in 2025–26
The Federal Board of Revenue (FBR) has clarified the rules governing joint and several liability in cases where sales tax remains unpaid within a supply chain.
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Why sales tax credit Is restricted in 2025–26
The Federal Board of Revenue (FBR) has clarified why certain businesses and individuals will not be entitled to claim sales tax credit during the fiscal year 2025–26.
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Levy of sales tax on value addition for 2025–26
The Federal Board of Revenue (FBR) has introduced a detailed procedure for the levy and collection of sales tax on specified goods based on value addition during the fiscal year 2025–26.
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How to determine sales tax liability for 2025–26
The Federal Board of Revenue (FBR) has introduced updated guidelines for determining sales tax liability for the fiscal year 2025–26.
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FBR releases tax filing rules for online marketplace
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.
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FBR issues withholding tax rates for export of services in FY26
Karachi, August 27, 2025 – The Federal Board of Revenue (FBR) has issued updated withholding tax rates for the export of services for the fiscal year 2025-26.
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Time and manner of payment under sales tax laws – FY 2025-26
The Federal Board of Revenue (FBR) has issued clear guidelines regarding the time and manner of payment of sales tax for the fiscal year 2025-26.
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Traders must understand scenario of sales tax rate change
The Federal Board of Revenue (FBR) has emphasized that traders and businesses must clearly understand how a change in the rate of sales tax affects their transactions under the updated Sales Tax Act, 1990 for tax year 2025-26.
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FBR lists goods eligible for zero-rate sales tax in FY 2025-26
The Federal Board of Revenue (FBR) has published an updated list of goods that will be subject to zero-rate sales tax during the fiscal year 2025-26. This update is part of the latest changes made to the Sales Tax Act, 1990, ensuring businesses clearly understand which items qualify for tax relief.
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