Karachi, June 29, 2025 – In a powerful move aimed at tightening the noose around tax evaders, the Federal Board of Revenue (FBR) is all set to unleash a bold and unprecedented enforcement measure starting July 1, 2025: blocking bank accounts of individuals and entities who fail to register for tax despite making taxable supplies.
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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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Taxpayers to face penalty for wrongly claimed sales tax refund
Karachi, June 29, 2025 – The Finance Act, 2025 has introduced a major amendment to the Sales Tax Act, 1990, empowering the Federal Board of Revenue (FBR) to impose penalties on taxpayers who have received erroneous refund of sales tax.
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FBR empowered to recover sales tax based on withholding tax data
Karachi, June 29, 2025 – In a significant move to tighten tax compliance, the Federal Board of Revenue (FBR) has been granted enhanced powers under the Finance Act, 2025, to recover sales tax based on the information derived from withholding income tax deductions.
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FBR to establish digital enforcement stations to curb smuggling
Karachi, June 29, 2025 – In a major step toward modernizing border control and trade monitoring, the Federal Board of Revenue (FBR) is set to establish digital customs enforcement stations across Pakistan to strengthen efforts against smuggling and illicit trade.
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FBR reports 5-fold surge in tax collection from foreign payments
Islamabad, June 28, 2025 – The Federal Board of Revenue (FBR) has announced a remarkable increase in tax collection on foreign payments made through debit and credit cards, reporting nearly a five-fold surge during the tax year 2024.
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Anomalies committee chief raises alarm over FBR negligence
Karachi, June 28, 2025 – Ehsan Malik, Chairman of the Finance Bill 2025 Anomalies Committee (Business), has sounded the alarm over what he described as “unprecedented negligence” and “utter disrespect” shown by top Federal Board of Revenue (FBR) officials.
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FBR launches crackdown on solar energy sector
KARACHI – In a decisive move to tighten tax compliance within Pakistan’s rapidly expanding renewable energy sector, the Federal Board of Revenue (FBR) has deployed its officers to monitor the sales activities of leading solar energy companies.
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FBR revises method for fixing cement retail price for sales tax
Islamabad, June 27, 2025 – The Federal Board of Revenue (FBR) has issued a new directive significantly altering how the minimum retail price of cement will be determined for sales tax purposes.
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SBP issues banking schedule for fiscal year-end tax collection
Karachi, June 27, 2025 — The State Bank of Pakistan (SBP) has released a comprehensive banking schedule aimed at facilitating the collection of government duties and taxes at the end of the fiscal year 2024–25.
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FBR committee to regulate property transactions under sales tax
ISLAMABAD – In a significant move to tighten tax compliance, the Federal Board of Revenue (FBR) will now form a dedicated committee to oversee property transactions involving individuals who are not registered under the Sales Tax Act, 1990. This committee will have the authority to recommend whether to impose or lift a bar on the transfer of immovable property in such cases.
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