Karachi, April 1, 2025 – The Federal Board of Revenue (FBR) has achieved an unprecedented milestone by recording the highest-ever number of Active Taxpayers in Pakistan’s history.
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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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FBR Must Collect Rs 1.50 Trillion Monthly to Meet FY25 Target
Islamabad, March 30, 2025 – The Federal Board of Revenue (FBR) must achieve a monthly tax collection of Rs 1.50 trillion during the last quarter (April – June) to successfully meet its annual fiscal year 2024-25 target.
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Exporters Under FBR Lens Following Decline in Tax Collection
Karachi, March 29, 2025 – The Federal Board of Revenue (FBR) has initiated a thorough audit of exporters following a notable decline in income tax collection for February 2025.
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FBR Establishes Directorate for Special Customs Initiatives
Islamabad, March 28, 2025 – In a strategic move to strengthen revenue collection and combat illicit trade practices, the Federal Board of Revenue (FBR) has officially established the Directorate General of Special Initiatives – Customs.
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FBR Reports 503% Surge in CGT Collection in February 2025
Karachi, March 28, 2025 – The Federal Board of Revenue (FBR) has reported a remarkable 503% surge in capital gain tax (CGT) collection on a year-on-year (YoY) basis for February 2025, reflecting an unprecedented rise in market activity and investor participation.
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IR Commissioner Faces Major Penalty for Corruption, Misconduct
Islamabad, March 28, 2025 – The Federal Board of Revenue (FBR) has taken decisive action against Commissioner Inland Revenue (IR) Zahid Mahmood, a BS-19 officer, after an inquiry confirmed his involvement in misconduct and corruption.
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FBR Transfers Most Senior Customs Officers to STRAW
Islamabad – The Federal Board of Revenue (FBR) has officially transferred several senior officers of Pakistan Customs Service (PCS) to the newly established Strategic Tariff and Revenue Analysis Wing (STRAW) as part of its restructuring efforts.
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Unresolved System Errors Stall Sales Tax Return Process
Karachi, March 27, 2025 – Taxpayers across Pakistan continue to face difficulties in filing their sales tax returns as persistent technical glitches on the IRIS portal of the Federal Board of Revenue (FBR) remain unresolved, despite an extended deadline.
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FBR Establishes STRAW, Transfers 11 BS-21 IRS Officers
Islamabad, March 25, 2025 – The Federal Board of Revenue (FBR) has announced the establishment of the Strategic Tariff and Revenue Analysis Wing (STRAW) and has subsequently transferred 11 senior Inland Revenue Service (IRS) officers in BS-21 to this newly created division.
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FBR Issues Methodology for Settlement of Classification Disputes
Karachi, March 25, 2025 – The Federal Board of Revenue (FBR) has introduced a revised methodology to streamline the resolution of classification disputes in the customs domain.
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