Islamabad, July 12, 2025 — Dr. Hamid Ateeq Sarwar, Member Inland Revenue (Operations) of the Federal Board of Revenue (FBR), stated that the arrest powers under Section 37A of the Sales Tax Act, 1990 will only be invoked against tax fraudsters and not legitimate traders or manufacturers.
(more…)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.
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FBR tightens oversight on terminal operators
Karachi, July 11, 2025 – In a move to enhance transparency and strengthen regulatory oversight, the Federal Board of Revenue (FBR) has launched a comprehensive monitoring framework for terminal operators operating at sea ports, off-dock terminals, dry ports, and land border stations.
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FBR urges businesses: Limit cash to avoid tax troubles
Islamabad, July 11, 2025 – The Federal Board of Revenue (FBR) is making headlines once again—this time by strongly advising businesses across Pakistan to avoid cash sales and adopt banking or digital channels for transactions exceeding Rs200,000.
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How new tax changes impact FBR property valuations in Karachi
Karachi, July 11, 2025 — The Federal Board of Revenue (FBR) has once again brought Karachi’s real estate sector into the spotlight with significant tax changes introduced through the Finance Act, 2025, which directly impact the official property valuations used to calculate taxes on real estate transactions.
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Court halts FBR’s move in tax integration dispute
Karachi, July 10, 2025 — In a significant development, the Peshawar High Court (PHC) has granted interim relief to five oil and ghee manufacturers by issuing a stay order against the Federal Board of Revenue (FBR) in an ongoing dispute regarding mandatory tax integration.
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Islamabad notifies tax rates on services by marriage halls
Islamabad, July 11, 2025 – Planning a wedding in Islamabad this year? You might want to take a closer look at the latest tax update! The Federal Board of Revenue (FBR) has officially notified revised tax rates on services provided by marriage halls and related venues for the fiscal year 2025-26.
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FBR launches virtual review under faceless assessment system
Karachi, July 10, 2025 – In a significant step towards enhancing transparency and efficiency, the Federal Board of Revenue (FBR) has officially introduced a virtual review mechanism under its faceless assessment system.
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FBR Declares Who Must File Income Tax Return 2025
Karachi, July 10, 2025 – The Federal Board of Revenue (FBR) has officially released a comprehensive list of individuals and entities for whom income tax return filing for the tax year 2025 is now mandatory.
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FBR defends disallowance of 50% expenditure on cash sales
Islamabad, July 10, 2025 — The Federal Board of Revenue (FBR) has come under scrutiny for introducing a controversial measure that disallows 50% of business expenditure linked to high-value cash sales.
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Ineligible persons continue to enjoy restriction free transactions
Karachi, July 10, 2025 — Despite Parliament’s bold move to curb undocumented wealth and penalize non-compliant taxpayers, ineligible persons continue to enjoy restriction-free transactions due to a strategic delay in the law’s implementation.
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