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.
-
Business community rises against FBR’s arrest powers
Multan, July 9, 2025 — A thunderous wave of resistance is sweeping across Pakistan as the business community unites in fierce opposition to the sweeping arrest and investigation powers granted to the Federal Board of Revenue (FBR) through the controversial Finance Act, 2025.
Written by
-
FBR unveils simplified 2025 tax return form for salaried individuals
Islamabad – July 8, 2025: In a move set to ease the tax filing burden on millions of employees, the Federal Board of Revenue (FBR) has launched a simplified income tax return form exclusively for salaried individuals for Tax Year 2025.
Written by
-
FBR drops tax bomb on property sellers in FY26
Islamabad, July 8, 2025 – In a bold fiscal strike that has sent shockwaves across Pakistan’s real estate market, the Federal Board of Revenue (FBR) has enforced enhanced advance tax rates on the sales and transfers of immovable property, effective July 1, 2025.
Written by
-
FBR sets income tax return filing deadlines for TY2025
Karachi, July 8, 2025 — The Federal Board of Revenue (FBR) has officially announced the deadlines for filing income tax returns for Tax Year (TY) 2025. However, a growing wave of concern is emerging among taxpayers due to the FBR’s failure to release the necessary return forms—putting millions at risk of missing crucial deadlines.
Written by
-
PM Shehbaz hails FBR, IB for Rs178 billion recovery
Islamabad, July 7, 2025 – Prime Minister Shehbaz Sharif has lauded the Federal Board of Revenue (FBR) and the Intelligence Bureau (IB) for their extraordinary collaboration that led to a historic recovery of Rs178 billion through anti-tax evasion and anti-hoarding operations.
Written by
-
AI-powered RMS revolutionizes Pakistan Customs clearance
Islamabad, July 7, 2025 – In a landmark development for trade and taxation, Pakistan has introduced its first-ever Artificial Intelligence (AI)-based Risk Management System (RMS) to modernize Customs operations and streamline import-export clearance processes.
Written by
-
FBR releases list for regulatory duty exemptions on imports
Karachi, July 7, 2025 – The Federal Board of Revenue (FBR) has formally issued a detailed list specifying exemptions from regulatory duty on a wide range of imported goods.
Written by
-
Islamabad lowers tax on software, IT services in FY26
Islamabad, July 7, 2025 – Big news for tech professionals and businesses! If you’re offering IT services in Islamabad, the tax landscape just became a lot more favorable — and it’s time to take notice.
Written by
-
Transactions Ban Triggers ATL Record at 7.27 Million
Are you on Pakistan’s Active Taxpayers List (ATL)? If not, brace yourself — the system just got a lot tighter, and the consequences of staying out are steeper than ever!
Written by
