Islamabad, March 19, 2025 – The Federal Board of Revenue (FBR) has imposed a major penalty on a customs officer of BS-17, ordering his compulsory retirement after he was found guilty of theft and unauthorized removal of seized goods.
(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.
-
MTO Karachi Seals Hobnob Outlets for Sales Tax Fraud
Karachi, March 18, 2025 – The Medium Tax Office (MTO) Karachi has taken strict action against M/s. Hobnob, sealing three of its outlets for alleged sales tax fraud.
(more…) -
Pakistan Tax Blueprint for the Remainder of FY25
Islamabad, March 17, 2025 – The government of Pakistan has revised its tax collection target for the fiscal year 2024-25, adjusting it from PKR 12.97 trillion to PKR 12.35 trillion following negotiations with the International Monetary Fund (IMF).
(more…) -
Retailers Face Technical Glitches in FBR’s POS System
The Chainstore Association of Pakistan (CAP), the representative body of major retailers in the country, has raised serious concerns regarding the persistent technical and enforcement challenges faced by FBR-POS Integrated Tier-1 Retailers.
(more…) -
FBR Deploys High-Tech Monitoring for Production Compliance
Islamabad, March 15, 2025 – The Federal Board of Revenue (FBR) has introduced stringent measures to enhance the monitoring of industrial production through advanced electronic surveillance. The latest amendments aim to bolster tax compliance and improve transparency in manufacturing activities across Pakistan.
(more…) -
KTBA Flags Glitches and Anomalies in IRIS Portal
Karachi, March 14, 2025 – The Karachi Tax Bar Association (KTBA) has raised concerns over persistent glitches and anomalies affecting the Federal Board of Revenue’s (FBR) IRIS portal.
(more…) -
Will Pakistan Achieve Its FY25 Tax Collection Target?
The Federal Board of Revenue (FBR) is facing a significant shortfall in meeting its tax collection target for the fiscal year 2024-25.
(more…) -
FBR Sets Guidelines for Admin Pool Officer Posting
Islamabad, March 13, 2025 – The Federal Board of Revenue (FBR) has officially laid out the criteria for placing officers in the Admin Pool, ensuring a structured approach to such assignments.
(more…) -
RTO-I Karachi Arrests Mastermind in Rs 4.2 Billion Sales Tax Fraud
Karachi, March 13, 2025 – The Regional Tax Office (RTO-I) Karachi has achieved a major breakthrough by arresting the mastermind behind a Rs 4.2 billion sales tax fraud.
(more…) -
Pakistan Reaches 6.51 Million Active Taxpayers for First Time
Islamabad, March 13, 2025 – Pakistan has reached a historic milestone by recording 6.51 million Active Taxpayers, the highest number in the country’s history.
(more…)