ISLAMABAD – The Federal Board of Revenue (FBR) has announced the formation of a special committee aimed at addressing tax-related grievances of foreign investors and minimizing communication gaps between businesses and tax authorities.
(more…)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.
-
Withholding tax card for pension income – tax year 2025-26
Islamabad, August 2025 – The Federal Board of Revenue (FBR) has issued the latest withholding tax card for pension income applicable for the tax year 2025-26.
(more…) -
What is the New ‘Simplified’ 2025 Tax Return Form?
On August 18, 2025, the Federal Board of Revenue (FBR) issued SRO 1561(I)/2025 to officially notify the new ‘simplified’ return of income form for tax year 2025.
(more…) -
FBR announces withholding tax rates on imports for 2025-26
Islamabad, August 18, 2025 – The Federal Board of Revenue (FBR) has officially released the updated withholding tax rates applicable on imports for the tax year 2025-26.
(more…) -
Finally! FBR issues finalized 2025 tax return forms
Islamabad, August 18, 2025 – The wait is over! The Federal Board of Revenue (FBR) has officially released the finalized tax return forms for the tax year 2025, putting an end to weeks of speculation among taxpayers.
(more…) -
FBR issues tax rate on deemed property income for 2025-26
Islamabad, August 17, 2025 – The Federal Board of Revenue (FBR) has officially released the tax rate applicable to deemed property income for the tax year 2025–26, continuing the government’s policy of discouraging the use of idle assets and broadening the tax base.
(more…) -
LTBA proposes FBR mobile app for biometric verification
Lahore, August 16, 2025 – The Lahore Tax Bar Association (LTBA) has formally urged the Federal Board of Revenue (FBR) to introduce a digital mechanism that would allow taxpayers to complete their biometric verification through a secure mobile application.
(more…) -
FBR launches major audit drive in real estate sector
Karachi, August 16, 2025 – The Federal Board of Revenue (FBR) has launched an extensive audit initiative targeting the real estate sector in key cities across Pakistan, aiming to curb tax evasion in property transactions.
(more…) -
2025 Tax Return Filers: Mastering Your Wealth Statement
The clock is ticking for the 2025 return filing season, and thousands of taxpayers are rushing to get their paperwork in order. But here’s a question for you: Do you actually know what a wealth statement is, and why it can make or break your return filing?
(more…) -
Pakistan’s weekly forex reserves remain stable
Karachi, August 15, 2025 – Pakistan’s weekly foreign exchange (forex) reserves remained broadly stable at $19.497 billion, according to the latest data released by the State Bank of Pakistan (SBP) on Friday.
(more…)