Karachi, October 31, 2025 – Mounting pressure from tax professionals and widespread outrage over persistent glitches in the Federal Board of Revenue’s (FBR) online return filing system, IRIS, have fueled strong speculation that the government may soon announce a third extension in the income tax return filing deadline for Tax Year 2025.
(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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FBR generates over Rs13 billion sales tax from motor cars in FY25
Islamabad, October 29, 2025 – The Federal Board of Revenue (FBR) has announced a record-breaking collection of Rs13 billion in sales tax from motor cars during the fiscal year 2024-25 (FY25), reflecting the rapid recovery and expansion of Pakistan’s automobile sector.
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Salary tax collection skyrockets 55% — FBR breaks record in FY25
Islamabad, October 29, 2025 – In a stunning fiscal performance, the Federal Board of Revenue (FBR) has reported a historic surge in salary tax collection, marking the highest growth across all income tax categories during fiscal year 2024-25 (FY25).
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FBR reports robust FY25 tax collection despite India tensions and global conflicts
Islamabad, October 29, 2025 – The Federal Board of Revenue (FBR) has reported a strong performance in Pakistan’s federal tax collection during fiscal year 2024-25 (FY25), despite regional tensions with India and ongoing conflicts in the Middle East and Europe.
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FBR achieves historic 10.3% tax-to-GDP ratio in FY25
Islamabad, October 29, 2025 – In a major fiscal milestone, the Federal Board of Revenue (FBR) announced on Wednesday that Pakistan’s tax-to-GDP ratio surged to 10.3% in the fiscal year 2024–25 — breaking a decade-long stagnation that averaged just 8.7%.
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FBR suspends nine Faceless Customs officials in major crackdown
Karachi, October 29, 2025 – The Federal Board of Revenue (FBR) has launched a major disciplinary action by suspending nine officials associated with its flagship Faceless Customs project.
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FBR forms committee to address return filing glitches as deadline nears
Islamabad, October 29, 2025 – As the deadline for filing income tax returns for the tax year 2025 rapidly approaches, the Federal Board of Revenue (FBR) has established a dedicated committee to address the persistent technical glitches troubling taxpayers across Pakistan.
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FBR launches video surveillance system to monitor sugar supply chain
Islamabad, October 29, 2025 – The Federal Board of Revenue (FBR) has officially launched a comprehensive video surveillance and monitoring system for the sugar industry to enhance transparency, prevent tax evasion, and ensure accurate revenue collection.
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FBR says FTO order on cyber-security wrongly interpreted
Islamabad, October 28, 2025 – The Federal Board of Revenue (FBR) on Tuesday strongly denied reports suggesting a cyber breach of its IT infrastructure, asserting that the Federal Tax Ombudsman’s (FTO) order regarding cyber-security had been misinterpreted by media outlets.
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Capital gain tax skyrockets 559% in 1QFY26 as PSX hits record highs
Karachi, October 27, 2025 – Pakistan’s roaring stock market rally has sent tax revenues soaring, with Capital Gain Tax (CGT) collection jumping by an astonishing 559% in the first quarter (July–September) of FY2025–26, according to official data.
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