ISLAMABAD: The Federal Board of Revenue (FBR) is actively reviewing proposals to withdraw sales tax exemptions on various sectors, including solar panel imports, as part of its broader tax reforms in the upcoming budget 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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Utopia battles one-year tax refund delay from FBR
Islamabad, May 29, 2025 – The Federal Board of Revenue (FBR) has withheld both sales tax and income tax refunds claimed by Utopia Industries for over a year, causing serious financial strain on one of Pakistan’s top export companies.
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FBR imposes major penalty on four customs officials for negligence
Islamabad, May 26, 2025 — The Federal Board of Revenue (FBR) has concluded disciplinary proceedings against four officials from the Collectorate of Customs Sambrial, Sialkot, in a high-profile misdeclaration case involving import transshipment TP No. KPPO-TP-24787 dated November 6, 2024.
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FBR notifies CCF rules to strengthen anti-smuggling operations
Islamabad, May 27, 2025 – In a major development aimed at bolstering anti-smuggling efforts, the Federal Board of Revenue (FBR) has officially notified the Customs Command Fund (CCF) Rules, 2025 to formalize and regulate the operational expenditures of Customs enforcement agencies.
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Car buying bonanza delivers 144% tax collection boost in 10MFY25
KARACHI, May 27, 2025 — The tax authorities in Karachi have reported a stunning 144% increase in tax collection from new car purchases during the first ten months (July–April) of fiscal year 2024–25, driven by a sharp rise in the sale of high-end vehicles across Pakistan.
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April profit tax crashes 37% despite record-breaking bank deposits
Karachi, May 25, 2025 – In a surprising twist that’s left tax experts baffled, income tax collection from profit on bank deposits plunged by a staggering 37% in April 2025, compared to the same month last year—even as bank deposits soared to historic highs, crossing the Rs32 trillion mark for the first time in Pakistan’s financial history.
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FBR launches massive audit blitz targeting Karachi taxpayers
KARACHI, May 25, 2025 — In a bold and sweeping move, the Federal Board of Revenue (FBR) has turned up the heat on Karachi’s taxpayers, launching one of the most aggressive audit campaigns in recent memory.
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April import tax collection from big firms surges 22%: FBR
Karachi, May 24, 2025 — In a stunning display of economic momentum, the Federal Board of Revenue (FBR) has revealed a sensational 22% spike in import tax collection from Pakistan’s major corporate giants for April 2025. This meteoric rise signals a dramatic turnaround in fiscal performance, highlighting a renewed surge in industrial appetite and economic activity.
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KTBA slams FBR over sales tax filing nightmare
Karachi, May 24, 2025 — The Karachi Tax Bar Association (KTBA) has sounded the alarm over the Federal Board of Revenue’s (FBR) sweeping changes to sales tax return filing, warning that the system overhaul under SRO 578 has pushed the entire business community into chaos.
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FBR faces pressure to extend sales tax filing deadline
Karachi, May 24, 2025 – A storm of discontent is brewing across Pakistan’s business and tax circles, as the Federal Board of Revenue (FBR) faces intensifying pressure to extend the deadline for sales tax return filing yet again.
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