Karachi, July 25, 2025 – In a move that has sent shockwaves across Pakistan’s fertilizer industry, the Federal Board of Revenue (FBR) has abruptly revoked a crucial tax exemption certificate previously granted to Engro Fertilizer Limited, one of the sector’s top players.
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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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FBR extends June tax return filing deadline to August 4
Islamabad, July 25, 2025 – The Federal Board of Revenue (FBR) has officially extended the last date for filing Sales Tax and Federal Excise returns for the tax period of June 2025. According to a notification issued on Thursday, taxpayers now have until August 4, 2025 to complete their filing, provided that the due tax liability has already been deposited within the original due date.
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FBR shares procedure to access IRIS Portal for new return filers
As the 2025 tax return filing season begins, the Federal Board of Revenue (FBR) anticipates a surge in the number of new taxpayers filing their income tax returns. In light of the latest measures introduced through the Finance Act, 2025, the FBR has issued detailed guidelines to help individuals, companies, and associations of persons (AOPs) access the IRIS portal, which is the official platform for online tax return submission.
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FBR recovers Rs7.81 billion in penalties from non-filers
Islamabad, July 24, 2025 – The Federal Board of Revenue (FBR) has successfully recovered a total of Rs7.81 billion in penalties imposed on non-filers over the past five tax years, signaling intensified efforts to enforce tax compliance and expand the national tax base.
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FBR takes notice over misconduct in use of operational vehicles
Karachi, July 24, 2025 – The Federal Board of Revenue (FBR) has issued a formal notice following an incident involving the inappropriate behavior of a tax officer while using an operational vehicle, sparking widespread criticism on social media.
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FBR Shocks Taxpayers with AI-Driven Tax Notices
Karachi, July 23, 2025 – In a dramatic move that has rattled the already tense business environment, the Federal Board of Revenue (FBR) has fired off a barrage of Artificial Intelligence (AI)-generated notices targeting sales tax return anomalies spanning the last five years. This sudden strike by the FBR has left taxpayers—especially exporters and manufacturers—reeling in disbelief.
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Principal appraiser penalized for shocking inefficiency
Islamabad, July 23, 2025 – In a dramatic turn of events, the Federal Board of Revenue (FBR) has dropped the hammer on a principal appraiser involved in a serious case of negligence that cost the exchequer dearly.
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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 persons and bring them into the formal tax net.
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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 process.
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