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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 Pakistan Karachi

FBR targets 14 key sectors for intensive tax scrutiny

August 6, 2025August 6, 2025Shahnawaz Akhter

Karachi, August 6, 2025 – The Federal Board of Revenue (FBR) has launched the first phase of an aggressive tax scrutiny campaign, identifying 14 priority sectors for detailed auditing and compliance monitoring.

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finance act 2025

Finance Act 2025 sets retail price for imported goods: FBR

August 6, 2025August 6, 2025Shahnawaz Akhter

Karachi, August 6, 2025 – The Federal Board of Revenue (FBR) has announced a significant policy change under the Finance Act, 2025, aimed at enhancing transparency and revenue collection through the regulation of retail pricing for imported goods.

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PBC Proposals

Bank deposits hit high, FBR tax intake drops

August 5, 2025August 5, 2025Shahnawaz Akhter

Karachi, August 5, 2025 – The Federal Board of Revenue (FBR) has reported a 5% decline in tax collection from profits on bank deposits during the fiscal year 2024-25, even as the country’s banking sector witnessed record-breaking deposit levels.

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PM Shehbaz at FBR

PM Shehbaz orders red tape removal to accelerate FBR reforms

August 5, 2025August 5, 2025Mrs. Anjum Shahnawaz

Islamabad, August 5, 2025 – Prime Minister Muhammad Shehbaz Sharif on Tuesday directed the immediate removal of red tape and institutional hurdles to ensure the permanent and effective implementation of wide-ranging reforms within the Federal Board of Revenue (FBR).

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FBR launches IRIS 2.0

Deadline extended for June sales tax return to August 8

August 5, 2025August 5, 2025Shahnawaz Akhter

Islamabad, August 5, 2025 – In response to mounting complaints from taxpayers and consultants, the Federal Board of Revenue (FBR) has officially extended the deadline for filing the sales tax return for the month of June 2025 until August 8, 2025.

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Tax Budget

FBR notifies sales tax rules for digitally ordered goods in Pakistan

August 5, 2025August 5, 2025Shahnawaz Akhter

Karachi, August 5, 2025 – In a major move to formalize the rapidly expanding e-commerce ecosystem, the Federal Board of Revenue (FBR) has announced detailed sales tax rules governing the collection and deduction on digitally ordered goods.

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FBR Image 01 New

FBR breaks through double-digit tax-to-GDP ratio after decades

August 5, 2025August 5, 2025Shahnawaz Akhter

Islamabad, August 4, 2025 – In a major fiscal breakthrough, the Federal Board of Revenue (FBR) has shattered a decades-long barrier by achieving a double-digit tax-to-GDP ratio, a milestone hailed as a turning point in Pakistan’s economic journey.

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solar electricity

FBR ends tax exemption on imported solar panels

August 4, 2025August 4, 2025Shahnawaz Akhter

Karachi, August 4, 2025 – The Federal Board of Revenue (FBR) has officially announced the withdrawal of the sales tax exemption previously available on imported solar panels, marking a significant shift in Pakistan’s solar energy policy.

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FBR - Taxation

FBR limits income tax audit immunity to three years

August 4, 2025August 4, 2025Shahnawaz Akhter

Karachi, August 4, 2025 – The Federal Board of Revenue (FBR) has announced a significant policy shift, limiting the immunity from income tax audit to a period of three years, following amendments introduced in the Finance Act, 2025.

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FBR Blue

FBR imposes 100% higher tax on bank profits for non-filers

August 4, 2025August 4, 2025Shahnawaz Akhter

Karachi, August 4, 2025 – The Federal Board of Revenue (FBR) has announced a major tax hike targeting non-filers, with a 100% increase in tax rates on profit earned from bank deposits, effective from tax year 2026 (July 1, 2025, to June 30, 2026).

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