Karachi, March 14, 2025 – The Karachi Tax Bar Association (KTBA) has raised concerns over persistent glitches and anomalies affecting the Federal Board of Revenue’s (FBR) IRIS portal.
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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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Will Pakistan Achieve Its FY25 Tax Collection Target?
The Federal Board of Revenue (FBR) is facing a significant shortfall in meeting its tax collection target for the fiscal year 2024-25.
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FBR Sets Guidelines for Admin Pool Officer Posting
Islamabad, March 13, 2025 – The Federal Board of Revenue (FBR) has officially laid out the criteria for placing officers in the Admin Pool, ensuring a structured approach to such assignments.
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RTO-I Karachi Arrests Mastermind in Rs 4.2 Billion Sales Tax Fraud
Karachi, March 13, 2025 – The Regional Tax Office (RTO-I) Karachi has achieved a major breakthrough by arresting the mastermind behind a Rs 4.2 billion sales tax fraud.
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Pakistan Reaches 6.51 Million Active Taxpayers for First Time
Islamabad, March 13, 2025 – Pakistan has reached a historic milestone by recording 6.51 million Active Taxpayers, the highest number in the country’s history.
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FBR Reconstitutes Project Team for Tax Digitalization Initiative
Islamabad, March 12, 2025 – The Federal Board of Revenue (FBR) has announced the reconstitution of its project team tasked with overseeing the tax system digitalization project.
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FBR Appoints Refund Commissioner at CTO Karachi
Islamabad, March 11, 2025 – The Federal Board of Revenue (FBR) has appointed Imran Ali Sheikh, an officer of the Inland Revenue Service (IRS) BS-19, as the new Commissioner (Refunds) at the Corporate Tax Office (CTO) Karachi.
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FBR Unveils Procedure to Calculate Taxable Income
The Federal Board of Revenue (FBR), Pakistan’s premier tax regulatory authority, has introduced a detailed procedure for determining taxable income.
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FBR Issues SRO 301 to Implement Key Changes in EFS
Islamabad – The Federal Board of Revenue (FBR) has issued SRO 301(I)/2025, introducing significant amendments to the Export Facilitation Scheme (EFS) and modifying key aspects of the Customs Rules, 2001.
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FBR Halts New Sales Tax Registration, KTBA Raises Concerns
Karachi, March 7, 2025 – The Karachi Tax Bar Association (KTBA) has raised serious concerns over the virtual standstill in the Federal Board of Revenue’s (FBR) sales tax registration system, stating that the process has nearly come to a halt.
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