Islamabad, January 21, 2025 – The Pakistan Telecommunication Authority (PTA) has called on consumers to ensure the payment of applicable taxes and duties to the Federal Board of Revenue (FBR) for mobile device registration. The PTA emphasized that only legally registered and compliant devices will be activated for use in Pakistan.
(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.
-
FBR Updates Rules for Sales Tax Registration
Karachi, January 21, 2025 – The Federal Board of Revenue (FBR) has introduced updated rules for sales tax registration under the Sales Tax Rules, 2006, effective for the tax year 2025. These revisions aim to streamline the registration process and enhance compliance among taxpayers in Pakistan.
(more…) -
Pakistan Grants Rs 91 Billion Income Tax Exemptions to Foreigners
Karachi, January 21, 2025 – Pakistan has provided a massive income tax exemption amounting to Rs 91 billion to foreign individuals and entities during a single tax year. This move highlights the country’s strategy to attract foreign investment and strengthen international partnerships.
(more…) -
FBR Sets January 31 Deadline for Budget Proposals 2025-26
Karachi, January 21, 2025 – The Federal Board of Revenue (FBR) has announced January 31, 2025, as the deadline for submitting proposals for the federal budget 2025-26.
(more…) -
RTO-1 Karachi Seals Toy Shop for POS Non-Compliance
Karachi, January 21, 2025 – The Regional Tax Office-1 (RTO-1) Karachi has taken decisive action by sealing a toy shop located in one of the city’s major commercial areas for violating Point of Sale (POS) regulations.
(more…) -
FBR Tests New System for Rating and Rewards
Islamabad, January 20, 2025 – The Federal Board of Revenue (FBR) has officially announced the test run of a newly developed Rating and Reward System for its officers, marking a significant step under its transformation plan.
(more…) -
Petroleum Products Drain Rs 1.42 Trillion in Taxes: FBR
Karachi, January 20, 2025 – The Federal Board of Revenue (FBR) has revealed a staggering Rs 1.42 trillion in sales tax exemptions granted to petroleum products, despite a significant decline in consumption over the past year.
(more…) -
FBR Achieves Historic Milestone with 6 Million Active Taxpayers
Karachi, January 20, 2025 – The Federal Board of Revenue (FBR) has reached a significant achievement, with the number of active taxpayers in Pakistan surging to a record high of 6.07 million.
(more…) -
FBR Prioritizes Tax Collection and Broadening for Budget 2025-26
Karachi, January 20, 2025 – The Federal Board of Revenue (FBR) is intensifying its efforts to boost tax collection and expand the tax base as part of the formulation of the federal budget for 2025-26.
(more…) -
FBR to Incentivize Whistleblowers in Sales Tax Evasion Cases
Karachi, January 20, 2025 – In a move to combat sales tax evasion and promote transparency, the Federal Board of Revenue (FBR) has announced policy to reward whistleblowers who provide credible information leading to the detection of tax fraud, evasion, or corruption.
(more…)