Karachi, March 23, 2025 – The collection of sales tax on imports witnessed a significant 30% surge in February 2025, offering a much-needed boost to the Federal Board of Revenue (FBR) in its revenue collection efforts.
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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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PM Shehbaz Pushes FBR Reforms After Record Tax Recovery
Islamabad, March 23, 2025 – Prime Minister Shehbaz Sharif chaired a high-level meeting to assess the performance of the Federal Board of Revenue (FBR), where he lauded the institution for its historic recovery of Rs 34.5 billion.
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MTO Karachi Seals Furniture Outlets for POS Violation
Karachi, March 22, 2025 – The Medium Taxpayers Office (MTO) Karachi has taken decisive action against a well-known furniture retailer for failing to comply with mandatory Point of Sale (POS) integration requirements.
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PM Shehbaz Hails Recovery of Windfall Tax
Karachi, March 21, 2025 – Prime Minister Shehbaz Sharif on Friday lauded the successful recovery of windfall tax, emphasizing its significance in strengthening Pakistan’s economy.
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LTO Karachi Achieves Historic Rs 2 Trillion Milestone in 8MFY25
Karachi, March 21, 2025 – The Large Taxpayers Office (LTO) Karachi has achieved a significant milestone by surpassing the Rs 2 trillion mark in tax collection within the first eight months (July–February) of the fiscal year 2024-25.
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FBR Secures Rs 11.48 Billion Windfall Tax from Punjab Banks
Islamabad, March 21, 2025 – The Federal Board of Revenue (FBR) has successfully collected Rs 11.48 billion in windfall tax from banks operating in Punjab, following the Lahore High Court’s (LHC) decision to lift a stay order that had previously delayed tax recovery.
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KCCI Urges FBR to Extend Sales Tax Return Filing Deadline
Karachi, March 20, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has called upon the Federal Board of Revenue (FBR) to extend the sales tax return filing deadline due to technical issues affecting taxpayers on the IRIS portal.
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IRIS Errors Disrupt Sales Tax Filing as Deadline Passes
Karachi, March 20, 2025 – A significant number of taxpayers have struggled to comply with the filing of their sales tax returns for February 2025 due to persistent technical issues on the IRIS portal.
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RTO Hyderabad Seals Super Mart for Issuing Fake Invoices
Hyderabad, March 20, 2025 – The Regional Tax Office (RTO) Hyderabad has taken strict action against tax evasion by sealing a prominent supermarket for non-compliance with point of sale (POS) regulations. This decisive move underscores the authorities’ commitment to enforcing transparency and accountability in retail transactions across Hyderabad.
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Chief Commissioner Under Scrutiny as SHC Freezes Tax Order
Karachi, March 18, 2025 – The Sindh High Court (SHC) has suspended a sales tax suspension order while expressing concerns over the conduct of the Chief Commissioner of Inland Revenue, Karachi.
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