Pakistan Revenue
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.
Islamabad, September 11, 2025 – Real Estate Investment Trust (REIT) schemes in Pakistan availed a record Rs75.55 billion in income tax exemptions during the tax year 2024, according to the latest report issued by the Federal Board of Revenue (FBR).
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Karachi, September 11, 2025 – The Federal Board of Revenue (FBR) has provided significant relief to the Employees Old Age Benefits Institution (EOBI) by granting a tax exemption worth Rs17 billion on its income for the tax year 2024.
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Islamabad, September 11, 2025 – Pakistan’s tax laws provide a clear exemption for earnings derived from agriculture, a major sector of the national economy. Section 41 of the Income Tax Ordinance, 2001, explicitly states that agricultural income is exempt from federal taxation, underscoring the government’s recognition of agriculture as a protected source of livelihood.
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Islamabad, September 11, 2025 – The Federal Board of Revenue (FBR) has issued the latest version of the Income Tax Ordinance, 2001, reflecting amendments introduced through the Finance Act, 2025.
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Islamabad, September 11, 2025 – The Federal Board of Revenue (FBR) has released the updated version of the Sales Tax Act, 1990, incorporating all amendments introduced through the Finance Act, 2025.
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Islamabad, September 11, 2025 – The Federal Board of Revenue (FBR) has clarified reports suggesting that the government had granted a blanket sales tax exemption on petroleum products.
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Islamabad, September 11, 2025 – The Federal Board of Revenue (FBR) has finalized a new framework to address the handling and disposal of confiscated vehicles.
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Islamabad, September 11, 2025 – The Federal Board of Revenue (FBR) recently convened an important session with the Overseas Investors Chamber of Commerce and Industry (OICCI) and the Pakistan Business Council (PBC).
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Islamabad, September 9, 2025 – Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to intensify efforts in identifying tax evaders by fully utilizing its workforce and, where necessary, engaging private-sector expertise.
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Islamabad, September 9, 2025 – The Federal Board of Revenue (FBR) has reaffirmed that tax concessions will continue to be available for scientific research in Pakistan for the tax year 2025–26.
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