Tag: FBR

Islamabad, September 16, 2025 – The Federal Board of Revenue (FBR) has officially notified the applicable withholding tax rates on the transfer of immovable property for the tax year 2025-26.

Islamabad, September 16, 2025 – The Federal Board of Revenue (FBR) has provided detailed guidelines on group relief under Section 59B of the Income Tax Ordinance, 2001, for the tax year 2025-26.

Islamabad, September 16, 2025 – The Federal Board of Revenue (FBR) has explained how group taxation will work in Pakistan during the tax year 2025-26 under Section 59AA of the Income Tax Ordinance, 2001.

Islamabad, September 16, 2025 – The Federal Board of Revenue (FBR) has clarified the rules for taxation of foreign-source income earned by individuals who qualify as short-term residents in Pakistan during the tax year 2025-26.

Islamabad, September 16, 2025 – The Federal Board of Revenue (FBR) has formally initiated action against individuals suspected of involvement in the unauthorized leakage of a sensitive report related to the Faceless Customs Assessment (FCA) system.

Islamabad, September 15, 2025 – The Federal Board of Revenue (FBR) has announced new penalties for taxpayers who fail to comply with requirements regarding the issuance of sales tax invoice during the tax year 2025-26.

Islamabad, September 15, 2025 – The Federal Board of Revenue (FBR) has officially outlined monetary penalties for individuals and entities that fail to file their sales tax returns within the prescribed deadlines during the tax year 2025-26.

Karachi, September 15, 2025 – The Federal Board of Revenue (FBR) is considering an extension of the deadline for sales tax integration of registered taxpayers’ invoicing systems with its central platform, following growing concerns from the business community.