Karachi, November 15, 2025 — The Federal Board of Revenue (FBR) has provided detailed guidance on the methodology for accounting for sales tax exemptions in its tax expenditure reports.
(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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FBR announces withholding tax rates for imports in tax year 2026
Karachi, November 15, 2025 — The Federal Board of Revenue (FBR) has released the updated withholding tax rates for imported goods for the tax year 2026, providing guidance for importers, withholding agents, and other stakeholders.
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Appraising officer penalized for aiding misdeclaration at Pakistan Customs
Karachi, November 14, 2025 – The Federal Board of Revenue (FBR) has imposed a major penalty on a Pakistan Customs appraising officer after he was found guilty of facilitating misdeclaration that benefitted importers and caused significant revenue loss to the national exchequer.
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FBR reports eight-fold rise in FY2025 revenue through enforcement measures
Islamabad, November 14, 2025 — The Federal Board of Revenue (FBR) announced a remarkable eight-fold increase in revenue collection for the fiscal year 2024–25, attributing the surge to new enforcement initiatives, governance reforms, and enhanced transparency.
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Customs officer faces major penalty for facilitating smuggling at Lahore Airport
Islamabad, November 13, 2025 – The Federal Board of Revenue (FBR) has imposed a major penalty on a customs officer for facilitating the clearance of smuggled goods at Lahore Airport.
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False Statement Alert: 2025 Tax Return Filers Face Major FBR Crackdown
Islamabad, November 13, 2025 — The Federal Board of Revenue (FBR) has warned that strict action awaits 2025 return filers who have submitted false or misleading information in their electronically filed income tax returns.
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FBR imposes heavy fines for non-filing of 2025 income tax returns
Islamabad, November 13, 2025 — The Federal Board of Revenue (FBR) has officially notified strict monetary penalties for taxpayers who fail to file their 2025 income tax returns within the due date, marking one of the most stringent enforcement measures in recent years.
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FBR reconstitutes single portal committee for sales tax return filing
Islamabad, November 12, 2025 – The Federal Board of Revenue (FBR) has officially reconstituted the Single Portal Committee to streamline and facilitate the filing of sales tax returns by both federal and provincial taxpayers across Pakistan.
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FBR defines powers and jurisdiction of directorate-general of law
Islamabad, November 11, 2025 – The Federal Board of Revenue (FBR) has officially notified the functions, jurisdiction, and powers of the Directorate-General of Law through a Gazette notification No. 2702-IR-I/2025, issued under section 230B of the Income Tax Ordinance, 2001, section 30DDDA of the Sales Tax Act, 1990, and section 29(2)(e) of the Federal Excise Act, 2005.
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FBR mandates IP-CCTV installation across tobacco manufacturing units
Islamabad, November 11, 2025 – The Federal Board of Revenue (FBR) has intensified its regulatory oversight of Pakistan’s tobacco industry by mandating the installation of IP-CCTV cameras for real-time production monitoring.
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