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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.

FBR Image 01 New

FBR issues benchmarks for income tax exemptions

September 21, 2025September 21, 2025Shahnawaz Akhter

Islamabad, September 21, 2025 – The Federal Board of Revenue (FBR) has formally introduced benchmarks for determining income tax exemptions and concessions, aiming to enhance clarity and consistency in the taxation system.

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FBR - Taxation

Tax rates 2025-26 on marriage functions in Pakistan

September 20, 2025September 20, 2025Shahnawaz Akhter

Islamabad, September 20, 2025 – The Federal Board of Revenue (FBR) has issued the updated withholding tax rates applicable on marriage functions during the tax year 2025-26. These rates have been outlined under Section 236CB of the Income Tax Ordinance, 2001.

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Income Tax Return FBR

Return filing deadline extension not under consideration: FBR

September 20, 2025September 20, 2025Shahnawaz Akhter

Islamabad, September 20, 2025 – The Federal Board of Revenue (FBR) clarified on Saturday that an extension in the deadline for income tax return filing for Tax Year 2025 is not under consideration at present.

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FBR Image 01 New

FBR maintains strict penalties for sales tax payment defaults

September 19, 2025September 19, 2025Shahnawaz Akhter

Karachi, September 19, 2025 – The Federal Board of Revenue (FBR) has reaffirmed its stance on penalizing taxpayers who fail to meet their sales tax obligations for the tax year 2025–26.

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FBR Pakistan Karachi

FBR reports 45% cut in tax exemption on gratuity income

September 18, 2025September 18, 2025Shahnawaz Akhter

Karachi, September 18, 2025 – The Federal Board of Revenue (FBR) has reported a 45 percent reduction in income tax exemption on gratuity payments to employees.

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FBR Blue

FBR allows Zakat as deductible allowance for tax year 2025-26

September 17, 2025September 17, 2025Shahnawaz Akhter

Islamabad, September 17, 2025 – The Federal Board of Revenue (FBR) has announced that Zakat will continue to be treated as a deductible allowance for taxpayers during the tax year 2025-26.

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FBR White

Tax Year 2025-26: sales tax penalty for obstructing FBR officials

September 17, 2025September 17, 2025Shahnawaz Akhter

Islamabad, September 17, 2025 – The Federal Board of Revenue (FBR) has announced strict measures under the Sales Tax Act, 1990, by introducing a defined penalty for individuals or businesses that obstruct tax officials in the course of their duties.

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FBR - Taxation

FBR sets penalties for non-compliance in sales tax record sharing

September 17, 2025September 17, 2025Shahnawaz Akhter

Karachi, September 17, 2025 – The Federal Board of Revenue (FBR) has formally announced a new structure of monetary penalties aimed at taxpayers who refuse to provide sales tax records when required by law.

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FBR Image 01 New

FBR releases details of sales tax exemptions across sectors

September 17, 2025September 17, 2025Shahnawaz Akhter

Islamabad, September 17, 2025 – Pakistan’s sales tax expenditure for the fiscal year 2023-24 has been estimated at Rs. 1,237.11 billion, reflecting a notable decline of 18.61% compared to the previous fiscal year, according to data released by Federal Board of Revenue (FBR).

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PBC Proposals

LTBA seeks extension in deadline for FBR integration

September 17, 2025September 17, 2025Shahnawaz Akhter

Lahore – The Lahore Tax Bar Association (LTBA) has once again appealed to the Federal Board of Revenue (FBR) to extend the deadline for integration of registered taxpayers with FBR’s computerized system.

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