Islamabad, March 25, 2025 – The Federal Board of Revenue (FBR) has announced the establishment of the Strategic Tariff and Revenue Analysis Wing (STRAW) and has subsequently transferred 11 senior Inland Revenue Service (IRS) officers in BS-21 to this newly created division.
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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 Issues Methodology for Settlement of Classification Disputes
Karachi, March 25, 2025 – The Federal Board of Revenue (FBR) has introduced a revised methodology to streamline the resolution of classification disputes in the customs domain.
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FBR’s Tax Collection Window to Close for Eid-ul-Fitr Holidays
Islamabad, March 25, 2025 – The Federal Board of Revenue (FBR) has announced that its tax collection window will remain closed during the public holidays declared by the federal government for Eid-ul-Fitr.
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Will the Salaried Class Receive Tax Relief in Budget 2025-26?
The upcoming federal budget for the fiscal year 2025-26, set to be presented in the first week of June 2025, is unlikely to bring any significant tax relief for the salaried class.
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FBR Finds Ways to Tax Net Retailers and Shopkeepers
Islamabad, March 24, 2025 – The Federal Board of Revenue (FBR) is considering a fresh approach to ensure that retailers and shopkeepers comply with tax regulations.
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FBR Extends Filing Deadline for Sales Tax Returns Till March 27
Karachi, March 24, 2025 – The Federal Board of Revenue (FBR) has officially extended the deadline for filing sales tax returns until March 27, 2025.
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FBR Slows Tax Refunds to Boost FY25 Revenue
The Federal Board of Revenue (FBR) has deliberately slowed down the disbursement of tax refunds as part of its strategy to enhance revenue collection for the fiscal year 2024-25.
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Sales Tax Collection on Imports Sees 30% Surge in February 2025
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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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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