Karachi, September 7, 2025 – The Regional Tax Office-II (RTO-II) Karachi has reported a significant achievement in revenue generation, collecting Rs107 billion in salary tax during the tax year 2024.
(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.
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Sales tax registration linked to gas, electricity supply in 2025-26
Karachi, September 7, 2025 – The Federal Board of Revenue (FBR) has been granted sweeping powers to disconnect gas and electricity supplies to businesses that fail to comply with mandatory sales tax registration requirements.
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For Whom Sales Tax Registration is Mandatory in 2025-26
Karachi, September 7, 2025 – The Sales Tax Act, 1990, updated through the Finance Act, 2025, has once again highlighted the categories of persons for whom sales tax registration is compulsory during the tax year 2025-26.
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Entitlement of Initial Allowance in Tax Year 2025-26
The Federal Board of Revenue (FBR) has clarified the entitlement of initial allowance for taxpayers during the tax year 2025-26.
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Assessment limitation defined for FBR officers in 2025-26
Islamabad, September 6, 2025 – The Federal Board of Revenue (FBR) has clarified the limitation period for tax assessment procedures under the Sales Tax Act, 1990, applicable for the tax year 2025-26.
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FBR defines recovery process for unpaid sales tax in 2025-26
Islamabad, September 6, 2025 – The Federal Board of Revenue (FBR) has formally detailed the procedure for recovering unpaid or short-paid sales tax during the upcoming tax year 2025-26.
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Pakistan’s duty-free imports surge around 16% in FY24
Islamabad, September 5, 2025 – Pakistan’s duty-free imports have surged by around 16% during fiscal year 2023-24, according to data released by the Federal Board of Revenue (FBR).
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Which business deductions are not allowed in 2025-26?
The Federal Board of Revenue (FBR) has clarified which deductions cannot be claimed against business income during the tax year 2025-26.
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FBR explains tax deductions for business income in 2025-26
Islamabad, September 4, 2025 – The Federal Board of Revenue (FBR) has issued detailed guidance regarding deductions allowed while computing tax on business income for the tax year 2025-26.
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FBR issues tax rates on telephone, internet usage in 2025-26
Islamabad, September 4, 2025 – The Federal Board of Revenue (FBR) has officially notified the advance tax rates applicable on the use of telephone and internet services during the tax year 2025-26.
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