Islamabad, March 5, 2025 – The Federal Board of Revenue (FBR) has officially designated Najeeb Ahmad Memon as its spokesperson, reinforcing its commitment to transparent communication and effective policy dissemination.
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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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FBR Forms Monitoring Committee to Oversee ICTE
Islamabad, March 4, 2025 – The Federal Board of Revenue (FBR) has officially constituted a monitoring committee to supervise the establishment and operations of the International Center for Tax Excellence (ICTE).
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FBR Collects Rs 5.71 Billion Advance Tax on Cash Withdrawals
Islamabad, March 3, 2025 – The Federal Board of Revenue (FBR) has successfully collected Rs 5.71 billion as advance tax on cash withdrawals during the first seven months (July–January) of the current fiscal year 2024-25. This tax applies to individuals making large cash withdrawals from banks who are not listed on the Active Taxpayers’ List (ATL).
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FBR Raises Rs 1.22 Billion Tax Demand Against Bank Alfalah
Karachi, March 2, 2025 – The Federal Board of Revenue (FBR) has issued a tax demand of Rs 1.22 billion against Bank Alfalah for multiple tax years, citing various discrepancies in tax payments.
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FBR Collects Rs 11 Billion from Exporters Under New Tax Rules
Islamabad, March 2, 2025 – The Federal Board of Revenue (FBR) has successfully generated Rs 11 billion in withholding tax from exporters under new tax regulations implemented for the current fiscal year.
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FBR Collects Rs 7.34 Trillion in 8MFY25 but Misses Target
Islamabad – The Federal Board of Revenue (FBR) has collected a total of Rs 7.34 trillion during the first eight months (July – February) of the ongoing fiscal year. However, despite this substantial collection, the FBR has failed to meet its revenue target for the period.
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MTO Karachi Seals Oaks for Issuing Unverified Invoices
Karachi, February 28, 2025 – The Medium Tax Office (MTO) Karachi has taken decisive action against tax fraud by sealing an outlet of Oaks Pakistan for issuing fake sales tax invoices.
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KCCI to Discuss Issues Related to SRO 55 with FBR
Karachi, February 27, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has urged its members to actively participate in discussions regarding SRO 55 by submitting their recommendations.
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Capital Gain Tax Collection Surges 82% in 7MFY25
Karachi, February 27, 2025 – The collection of capital gain tax has witnessed an extraordinary surge of 82% during the first seven months (July – January) of the fiscal year 2024-25, according to provisional data from the Federal Board of Revenue (FBR).
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RTO-I Karachi Seals Medical Store in Clifton for POS Violation
Karachi, February 26, 2025 – In a decisive move against businesses failing to adhere to federal tax regulations, RTO-I Karachi has sealed a prominent medical store located in the upscale Clifton area.
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