Islamabad, August 2, 2025 – The Federal Board of Revenue (FBR) has announced that pension income will now be taxable under the new rules introduced in the Finance Act, 2025. These changes apply from the tax year 2025-26 and are explained in Income Tax Circular No. 1 of 2025-26, issued by the FBR.
(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.
-
FBR explains new e-commerce tax framework
Islamabad, August 2, 2025 – The Federal Board of Revenue (FBR) has provided a detailed explanation of the new taxation framework introduced for the e-commerce sector under the Finance Act, 2025.
(more…) -
FBR cracks down on misuse of powers by tax officials
Karachi, August 2, 2025 – The Federal Board of Revenue (FBR) has taken notice of growing concerns from the business community and has begun closely monitoring the conduct of tax officials, especially in cases where enforcement powers are being exercised.
(more…) -
FBR creates panels for section 37A, 40B oversight
Islamabad, August 1, 2025 — The Federal Board of Revenue (FBR) has constituted two high-level committees to ensure accountability, fairness, and transparency in actions taken by tax officials under Section 37A and Section 40B of the Sales Tax Act, 1990.
(more…) -
FBR transfers 232 IRS officers in BS-17 to BS-18
Islamabad, August 1, 2025 – The Federal Board of Revenue (FBR) on Friday announced a massive reshuffling of officers belonging to the Inland Revenue Service (IRS), transferring a total of 232 officers serving in BS-17 and BS-18.
(more…) -
FBR announces major reshuffle of BS-20 to BS-22 IRS officers
Islamabad, August 1, 2025 – In a significant administrative move, the Federal Board of Revenue (FBR) has announced large-scale transfers of senior Inland Revenue Service (IRS) officers from BS-20 to BS-22. The reshuffle aims to streamline operations, strengthen taxpayer services, and improve overall revenue performance across the country.
(more…) -
FBR issues urgent fire safety orders after Islamabad incident
Islamabad, August 1, 2025 – The Federal Board of Revenue (FBR) has issued strict directives to all field offices across Pakistan to immediately implement enhanced fire safety protocols in the wake of a recent fire incident at a key tax office.
(more…) -
FBR announces new deadlines for e-invoice integration
Islamabad, August 1, 2025 – The Federal Board of Revenue (FBR) has officially issued revised deadlines for the integration of sales tax registered persons with its digital system for issuing electronic invoices.
(more…) -
FBR reaches historic 7.5 million active taxpayers
ISLAMABAD – The Federal Board of Revenue (FBR) has achieved a historic milestone, announcing that the number of active taxpayers in Pakistan has reached 7.5 million as of July 31, 2025.
(more…) -
FBR exceeds revenue collection target for July 2025
ISLAMABAD – The Federal Board of Revenue (FBR) has achieved a strong start to the fiscal year 2025-26 by surpassing its revenue collection target for July 2025.
(more…)