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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.

FBR launches IRIS 2.0

LTBA proposes FBR mobile app for biometric verification

August 16, 2025August 16, 2025Shahnawaz Akhter

Lahore, August 16, 2025 – The Lahore Tax Bar Association (LTBA) has formally urged the Federal Board of Revenue (FBR) to introduce a digital mechanism that would allow taxpayers to complete their biometric verification through a secure mobile application.

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FBR Pakistan Karachi

FBR launches major audit drive in real estate sector

August 16, 2025August 16, 2025Shahnawaz Akhter

Karachi, August 16, 2025 – The Federal Board of Revenue (FBR) has launched an extensive audit initiative targeting the real estate sector in key cities across Pakistan, aiming to curb tax evasion in property transactions.

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Income Tax Return FBR

2025 Tax Return Filers: Mastering Your Wealth Statement

August 16, 2025August 16, 2025Shahnawaz Akhter

The clock is ticking for the 2025 return filing season, and thousands of taxpayers are rushing to get their paperwork in order. But here’s a question for you: Do you actually know what a wealth statement is, and why it can make or break your return filing?

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foreign exchange

Pakistan’s weekly forex reserves remain stable

August 15, 2025August 15, 2025Shahnawaz Akhter

Karachi, August 15, 2025 – Pakistan’s weekly foreign exchange (forex) reserves remained broadly stable at $19.497 billion, according to the latest data released by the State Bank of Pakistan (SBP) on Friday.

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FBR Image 01 New

FBR gears up for mega tax audit drive in textile sector

August 15, 2025August 15, 2025Shahnawaz Akhter

Karachi, August 15, 2025 – If you’re part of Pakistan’s textile industry, it’s time to pay close attention. The Federal Board of Revenue (FBR) is preparing to roll out a massive audit exercise targeting the textile sector and its various sub-sectors nationwide.

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FBR - Taxation

FBR issues comprehensive super tax guidelines for FY 2025–26

August 14, 2025August 14, 2025Shahnawaz Akhter

Karachi, August 14, 2025 – The Federal Board of Revenue (FBR) has released an updated set of guidelines outlining the scope, calculation method, and applicable rates of the super tax for the fiscal year 2025–26, aiming to bring clarity to a measure that has remained under debate since its inception.

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FBR Image 01 New

FBR caps cash payments at Rs200,000 for retail, e-commerce

August 13, 2025August 13, 2025Shahnawaz Akhter

Islamabad, August 13, 2025 – The Federal Board of Revenue (FBR) has formally set limit for cash payments of Rs200,000 for both retail outlets and cash-on-delivery (COD) orders in the e-commerce sector.

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pakistan customs

FBR issues revised customs values for iron and steel scrap

August 13, 2025August 13, 2025Faisal Shahnawaz

KARACHI – August 13, 2025 – The Federal Board of Revenue (FBR) has announced revised customs values for various categories of iron and steel scrap, including remeltable, HMS, shredded, and re-rollable grades.

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Rehmatullah Khan Wazir

Ex-FBR Tax Czar Blasts Delay in Final Return Form

August 13, 2025August 13, 2025Shahnawaz Akhter

Karachi, August 12, 2025 – In a stinging critique of the Federal Board of Revenue (FBR), former top tax czar Rehmatullah Khan Wazir has sounded the alarm over the agency’s failure to meet a critical legal obligation — the notification of the finalized income tax return form for Tax Year 2025.

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FBR Pakistan Karachi

FBR to deploy four experts for auto sector audit

August 12, 2025August 12, 2025Shahnawaz Akhter

Islamabad, August 12, 2025 – The Federal Board of Revenue (FBR) has announced plans to deploy four specialized industry experts for an extensive audit of the automotive sector.

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