Tag: Federal Board of Revenue
The Federal Board of Revenue is Pakistan’s apex tax agency, overseeing tax collection and policies. Pakistan Revenue is committed to providing timely updates on the Federal Board of Revenue to its readers.
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PM Shehbaz directs FBR to curb informal economy
Islamabad, July 23, 2025 – Prime Minister Shehbaz Sharif on Wednesday reaffirmed his government’s commitment to comprehensive tax reforms and directed the Federal Board of Revenue (FBR) to intensify its efforts to bring the informal economy into the tax net.
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FBR tightens grip on sales tax evaders with new restrictions
Karachi, July 23, 2025 – If you’re a business engaged in taxable supplies and still haven’t registered for sales tax, it’s time to take notice! The Finance Act, 2025 has introduced tough new restrictions through three powerful sections—14AC, 14AD, and 14AE—under the Sales Tax Act, 1990. These sweeping changes aim to crack down on unregistered…
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FBR opens tax year 2025 filing amid glitches: Ali A. Rahim
Karachi, July 22, 2025 – The Federal Board of Revenue (FBR) has officially launched the income tax return filing portal for Tax Year 2025 — but not without complications. According to Ali A. Rahim, President of the Karachi Tax Bar Association (KTBA), taxpayers are encountering a wave of technical issues that are hampering the filing…
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FBR tightens control over processed tobacco movement
Islamabad, July 22, 2025 – The Federal Board of Revenue (FBR) has introduced a more stringent procedure for the removal and movement of processed tobacco from Green Leaf Threshing (GLT) units and associated warehouses.
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FBR explains key concepts of sales tax laws
Karachi, July 22, 2025 – The Federal Board of Revenue (FBR) has shared essential concepts of sales tax laws, especially in light of the latest reforms introduced under the Finance Act, 2025.
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FBR punishes customs officials in Samsung Galaxy A7 case
Karachi, July 21, 2025 – The Federal Board of Revenue (FBR) has penalized three customs officials from the Collectorate of Customs Airports, Karachi, for their role in the incorrect examination, assessment, and clearance of consignments containing “New Samsung Galaxy Tablets A7.”
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FBR develops IT-based solution to track foreign assets
Karachi, July 21, 2025 – The Federal Board of Revenue (FBR) has taken a significant step forward in its efforts to combat offshore tax evasion by initiating the development of a sophisticated IT solution aimed at detecting foreign assets held by Pakistani nationals.
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FBR advises caution against fraud in tax return filing
Karachi, July 20, 2025 — As the tax season heats up, the Federal Board of Revenue (FBR) is sounding the alarm for taxpayers to file their income tax returns responsibly — and only through legally authorized professionals.
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Pakistan notifies duty rates for electric vehicles in FY26
Islamabad, July 20, 2025 – The Federal Board of Revenue (FBR), the apex tax body of Pakistan, has issued an official notification detailing the revised customs duty structure on the import of electric vehicles (EVs) for the fiscal year 2025–26.
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