Karachi, May 19, 2025 – The Large Taxpayers Office (LTO) Karachi has indicated that the salaried class may receive some much-needed relief in the forthcoming federal budget 2025–26.
(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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Tajir Dost Scheme ends in failure, confirms IMF
The Federal Board of Revenue’s (FBR) much-hyped Tajir Dost Scheme — an initiative designed to bring retailers and traders into the formal tax net — has officially ended in failure, according to the latest International Monetary Fund (IMF) country report on Pakistan, released on May 17, 2025.
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FBR targets high-risk taxpayers in real estate and retailers
Islamabad, May 18, 2025 – The Federal Board of Revenue (FBR) has intensified its efforts to crack down on high-risk taxpayers, particularly within Pakistan’s booming real estate and retail sectors.
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FBR expands transit fee on Afghan goods through new SRO
Islamabad, May 18, 2025 – The Federal Board of Revenue (FBR) has formally issued SRO 816(I)/2025 to expand the scope of the transit fee imposed on commercial goods destined for Afghanistan through Pakistan.
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FBR urged to reinstate sales tax on petroleum products in budget
Karachi, May 18, 2025 – The Federal Board of Revenue (FBR) has been strongly urged to reinstate the sales tax on petroleum products in the upcoming 2025-26 federal budget, as per detailed tax proposals submitted by the Overseas Investors Chamber of Commerce and Industry (OICCI).
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FBR introduces new licensing rules for freight forwarders
Islamabad, May 16, 2025 -In a major regulatory move aimed at formalizing and streamlining Pakistan’s cargo and logistics sector, the Federal Board of Revenue (FBR) has issued a detailed framework for licensing freight forwarders across the country.
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RTO-1 Karachi locks down top car showroom over POS breach
Karachi, May 16, 2025 – The Regional Tax Office (RTO)-1 Karachi has sealed a car showroom for violating the mandatory Point of Sale (POS) integration requirements set by the Federal Board of Revenue (FBR).
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FBR notifies tax stamp pricing for cement manufacturers
Islamabad, May 16, 2025 – The Federal Board of Revenue (FBR) has officially announced the tax stamp pricing for cement manufacturers under its Track and Trace System (TTS), marking another key step in enhancing tax compliance and digital monitoring within the cement sector.
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RTO-1 Karachi cracks multi-billion rupee fake invoice mafia ring
Karachi, May 15, 2025 – The Regional Tax Office-1 (RTO-1) Karachi has uncovered a major scam involving fake and flying invoices, exposing tax fraud worth billions of rupees.
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FY26 Budget: Cash on delivery online shopping may face FBR tax
As Pakistan prepares its fiscal roadmap for 2025–26, the Federal Board of Revenue (FBR) is actively exploring new strategies to regulate and tax the booming online shopping sector.
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