Islamabad, June 23, 2025 – In a final push to maximize tax collection for the fiscal year 2024-25, the Federal Board of Revenue (FBR) has announced that all field offices will remain open on Sunday, June 29, 2025. This special measure is aimed at ensuring that every possible rupee is counted towards the FBR’s year-end collection goal.
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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 shifts tax burden to protect salaried class in Budget 2025-26
Islamabad, June 23, 2025 — In a bid to provide targeted relief to the salaried class, the Federal Board of Revenue (FBR) has announced the introduction of new taxation measures aimed at compensating for revenue losses in the federal budget for 2025-26.
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FBR’s tax-to-GDP ratio remains in single digits for 24 years
Karachi, June 22, 2025 – The Federal Board of Revenue (FBR) has revealed a concerning trend in Pakistan’s fiscal performance, disclosing that the country’s tax-to-GDP ratio has remained in the single digits consistently from the fiscal year 2000-01 to 2023-24.
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FBR moves to track undocumented transactions via banks
ISLAMABAD, June 22, 2025 – The Federal Board of Revenue (FBR) has unveiled a key initiative under the Finance Bill 2025-26 aimed at curbing undocumented economic activity by capturing high-value banking transactions made by unregistered businesses across Pakistan.
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FBR proposes tax concessions on SCRA investments
ISLAMABAD, June 22, 2025 – The Federal Board of Revenue (FBR) has proposed a key amendment under the Finance Bill 2025-26 aimed at regulating tax benefits for investments made through Special Convertible Rupee Accounts (SCRA).
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FBR further extends deadline for mandatory electronic integration
Islamabad, June 21, 2025 — The Federal Board of Revenue (FBR) has once again extended the deadline for mandatory electronic integration of businesses into its centralized computerized system, in a continued effort to strengthen digital tax documentation and ensure comprehensive compliance.
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FTO directs FBR to cease sealing of Tier-1 retail outlets
Islamabad, June 21, 2025 – In a significant decision for Pakistan’s formal retail sector, the Federal Tax Ombudsman (FTO) has ordered the Federal Board of Revenue (FBR) to immediately halt the sealing of Tier-1 retail outlets.
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FBR clarifies arrest powers proposed under Finance Bill 2025
Islamabad, June 20, 2025 — The Federal Board of Revenue (FBR) on Friday issued a detailed clarification regarding the arrest provisions proposed in the Finance Bill 2025, aiming to address widespread confusion and public concern over its interpretation.
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FBR collects Rs180 billion in regulatory duty during FY24
KARACHI, June 20, 2025 – The Federal Board of Revenue (FBR) has reported the collection of Rs180.54 billion in regulatory duty during the fiscal year 2023-24, marking a year-on-year increase of 4.3% compared to Rs173 billion in FY23.
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Banks should be treated as normal companies for taxation: FBR
Islamabad, June 20, 2025 – The Federal Board of Revenue (FBR) has taken a firm stance on overhauling the taxation framework for banks, recommending that the banking sector be treated like any other company for taxation purposes.
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