Karachi, April 6, 2025 – In a striking revelation, the Federal Board of Revenue (FBR) has disclosed that distributors of cigarette and pharmaceutical products received a staggering Rs14.53 billion in tax concessions during the last fiscal year.
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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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KE Consumers Pay Rs 25 Billion Advance Tax in 8MFY25
Karachi, April 5, 2025 – K-Electric (KE) consumers have collectively paid a staggering Rs 25 billion as advance tax during the first eight months (July–February) of the current fiscal year 2024–25, marking a substantial increase in financial pressure amid rising energy costs.
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How to Import Vehicles into Pakistan Under Various Schemes
The Federal Board of Revenue (FBR) has detailed the procedure for importing vehicles into Pakistan under various government schemes aimed at assisting overseas Pakistanis.
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Automotive Sector Dominates Customs Duty Relief in FBR Report
Karachi, April 2, 2025 – The Federal Board of Revenue (FBR) has released its latest report, revealing that the automotive sector, particularly Original Equipment Manufacturers (OEMs), leads in availing customs duty relief.
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How Much Tax Do You Pay for Property Transactions in Karachi?
Karachi, April 1, 2025 – Property transactions in Karachi are subject to various tax regulations, making the process intricate for buyers and sellers alike.
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FBR Sets New Record with Surge in Active Taxpayers List
Karachi, April 1, 2025 – The Federal Board of Revenue (FBR) has achieved an unprecedented milestone by recording the highest-ever number of Active Taxpayers in Pakistan’s history.
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FBR Must Collect Rs 1.50 Trillion Monthly to Meet FY25 Target
Islamabad, March 30, 2025 – The Federal Board of Revenue (FBR) must achieve a monthly tax collection of Rs 1.50 trillion during the last quarter (April – June) to successfully meet its annual fiscal year 2024-25 target.
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Exporters Under FBR Lens Following Decline in Tax Collection
Karachi, March 29, 2025 – The Federal Board of Revenue (FBR) has initiated a thorough audit of exporters following a notable decline in income tax collection for February 2025.
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FBR Establishes Directorate for Special Customs Initiatives
Islamabad, March 28, 2025 – In a strategic move to strengthen revenue collection and combat illicit trade practices, the Federal Board of Revenue (FBR) has officially established the Directorate General of Special Initiatives – Customs.
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FBR Reports 503% Surge in CGT Collection in February 2025
Karachi, March 28, 2025 – The Federal Board of Revenue (FBR) has reported a remarkable 503% surge in capital gain tax (CGT) collection on a year-on-year (YoY) basis for February 2025, reflecting an unprecedented rise in market activity and investor participation.
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