Are Perquisites Part of Salary Income in Tax Year 2025-26?
The Federal Board of Revenue (FBR) has clarified how perquisites will be treated under the updated Income Tax Ordinance, 2001 for the tax year 2025-26.
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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.
Determination of Salary Income in Tax Year 2025-26
Are you ready to discover how your salary will be taxed in the upcoming year? With the Federal Board of Revenue (FBR) updating the Income Tax Ordinance, 2001 for the tax year 2025-26, employees across Pakistan are seeking clarity on how their earnings will be classified, taxed, and possibly optimized.
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FBR sets income benchmark for tax year 2025-26
Islamabad, August 23, 2025 – The Federal Board of Revenue (FBR) has officially determined your income benchmark for the tax year 2025-26, marking a crucial step toward defining who pays what in Pakistan’s evolving tax landscape. And yes, it directly impacts your wallet!
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FBR issues new tax rates on rental income for 2025–26
Islamabad, August 23, 2025 – The Federal Board of Revenue (FBR) has officially released the new withholding tax rates on rental income from immovable properties for the tax year 2025–26.
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Shakeel Shah Appointed as Member Customs Operations
Islamabad, August 22, 2025 – The Federal Board of Revenue (FBR) has appointed Syed Shakeel Shah, a BS-21 officer of the Pakistan Customs Service (PCS), as the new Member Customs Operations.
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FBR hosts return filing awareness session at Islamabad Chamber
Islamabad, August 22, 2025 – The Federal Board of Revenue (FBR) organized a return filing awareness session at the Islamabad Chamber of Commerce and Industry (ICCI) on Friday, aimed at promoting a stronger tax culture and guiding taxpayers on compliance procedures.
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July 2025 sales tax return filing deadline extended
Islamabad, August 22, 2025 – The Federal Board of Revenue (FBR) on Friday extended the deadline for filing sales tax and federal excise return for the month of July 2025.
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FBR penalizes officer for unauthorized sales tax refund
Islamabad, August 22, 2025 – The Federal Board of Revenue (FBR) has taken strict disciplinary action against Inland Revenue officer for releasing unauthorized sales tax refunds.
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Withholding tax card for goods and services in 2025-26: FBR
Karachi, August 21, 2025 – The Federal Board of Revenue (FBR) has released the updated withholding tax card for the supply of goods and services for the tax year 2025-26. The notification was issued under Section 153 of the Income Tax Ordinance, 2001, reflecting amendments introduced through the Finance Act, 2025.
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FBR issues withholding tax rates on dividend income 2025-26
Karachi, August 21, 2025 – The Federal Board of Revenue (FBR) has officially notified revised withholding tax rates on dividend income for the tax year 2025-26, following amendments introduced through the Finance Act, 2025.
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