Karachi, May 23, 2025 — The Medium Taxpayers Office (MTO) Karachi held an important awareness session on Friday for members of the Korangi Association of Trade and Industry (KATI), shedding light on the newly introduced automated tax invoicing system powered by Pakistan Revenue Automation Limited (PRAL).
(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 deploys 520 third-party auditors to enhance tax scrutiny
Karachi, May 23, 2025 – In a significant move to improve tax compliance and strengthen audit operations, the Federal Board of Revenue (FBR) has announced the deployment of approximately 520 third-party auditors across its various regional field formations.
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FBR rakes in Rs30 billion from Karachi electricity consumers
Karachi, May 23, 2025 – In a massive revenue windfall, the Federal Board of Revenue (FBR) has collected a staggering Rs30 billion in withholding tax from electricity consumers in Karachi during the first ten months (July–April) of the current fiscal year 2024–25.
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Pakistan Budget 2025-26 targets chocolates, cookies with taxes
Islamabad, May 23, 2025 – A bitter twist awaits the sweet-toothed across Pakistan as the government prepares to slap a higher Federal Excise Duty (FED) on beloved treats like chocolates and cookies in the upcoming Budget 2025-26.
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Budget 2025-26: FBR rejects final tax regime revival for exporters
Islamabad, May 23, 2025 – In a stunning blow to the country’s vital export sector, the Federal Board of Revenue (FBR) has flatly denied any plans to reinstate the Final Tax Regime (FTR) for exporters in the upcoming Budget 2025-26.
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FBR orders Saturday overtime to supercharge tax collection drive
Islamabad, May 22, 2025 — In a bold and urgent move to ramp up tax revenue, the Federal Board of Revenue (FBR) has sounded the alarm and issued fresh directives to its nationwide tax offices, calling for extended enforcement operations and late-night sittings on Saturday, May 31, 2025—a clear sign of intensifying efforts to meet its ambitious collection goals.
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FBR admits high taxes forcing capital flight to Dubai
In a revelation that has sent shockwaves through the country’s economic corridors, the Federal Board of Revenue (FBR) has officially admitted that high tax rates and rigid fiscal policies are triggering an alarming capital flight to Dubai.
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FBR eyes harsher penalties for retailers in budget 2025-26
Islamabad, May 22, 2025 – In a major move to curb tax evasion, the Federal Board of Revenue (FBR) is set to propose significantly heavier penalties on non-compliant retailers in the upcoming federal budget for 2025-26.
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FBR seeks data on officials receiving both salary and pension
Islamabad, May 21, 2025 – The Federal Board of Revenue (FBR) has initiated a detailed investigation to identify federal officials who are simultaneously drawing a salary and pension.
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FBR cracks down on 72 Pakistanis’ foreign income, assets secrets
Karachi, May 21, 2025 – In a bold and dramatic move, the Federal Board of Revenue (FBR) has zeroed in on 72 ultra-wealthy and influential individuals, launching a high-stakes investigation into their foreign income and offshore assets.
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