Karachi, October 21, 2025 – The Federal Board of Revenue (FBR) has initiated the second phase of hiring third-party tax auditors, but the country currently faces a significant shortage of qualified chartered accountants (CAs) to meet the government’s requirements.
(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 dismisses senior auditor over Rs238 billion tax fraud case
Islamabad, October 20, 2025 – The Federal Board of Revenue (FBR) has dismissed a Senior Auditor, Mr. Altaf Hussain Khurho, from service in connection with a Rs238.41 billion tax fraud case, citing gross negligence and inefficiency in investigation.
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FBR sets bank cash withdrawal limit for non-filers in Pakistan
Karachi, October 19, 2025 – The Federal Board of Revenue (FBR) has confirmed that the Income Tax Ordinance, 2001 now places restrictions on bank cash withdrawals and other financial transactions for non-filers in Pakistan.
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FBR breaks all records – 8.47 million filers on ATL 2024
Karachi, October 18, 2025 – In a landmark development for Pakistan’s tax system, the Federal Board of Revenue (FBR) has revealed that a record 8.47 million taxpayers have been enrolled in the Active Taxpayers List (ATL) for the tax year 2024 — the highest number in the country’s history.
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FBR to Publish Active Taxpayers List (ATL) 2025 on November 1
Islamabad, October 18, 2025 – The Federal Board of Revenue (FBR) has officially confirmed that it will release the Active Taxpayers List (ATL) for the tax year 2025 on November 1, 2025, following the recent extension in the income tax return filing deadline.
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FBR to launch IRIS 3.0 digital tax platform to simplify tax filing
Islamabad, October 17, 2025 – The Federal Board of Revenue (FBR) is gearing up to launch IRIS 3.0, a next-generation digital tax platform aimed at simplifying tax return filing through pre-filled data, automated workflows, and enhanced user experience.
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Karachi Customs seeks FBR clarification on FATA/PATA imports
Karachi, October 17, 2025 – The Collectorate of Customs Appraisement (East) has officially approached the Federal Board of Revenue (FBR) seeking policy clarification regarding the clearance of goods related to FATA and PATA through the Karachi port under home consumption procedures, following the Peshawar High Court’s recent orders.
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Billions vanish in FATA PATA tax scam: FBR accused of turning a blind eye
Karachi, October 17, 2025 — In a shocking revelation that has sent tremors through Pakistan’s financial corridors, a powerful representation submitted to the Chairman of the Federal Board of Revenue (FBR) has exposed what appears to be a multi-billion-rupee tax scam exploiting the FATA/PATA import concessions.
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Pakistan suspends Afghan transit trade amid border unrest
Karachi, October 16, 2025 – Pakistan has suspended Afghan transit trade operations with immediate effect amid escalating unrest along the Pak-Afghan border, according to an official notification issued by the Directorate of Transit Trade, a division of the Federal Board of Revenue (FBR).
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Two customs intelligence officers face major penalty over bribery allegations
Islamabad, October 16, 2025 – The Federal Board of Revenue (FBR) has imposed major penalties on two officers of the Directorate of Intelligence and Investigation (Customs), Karachi, following disciplinary proceedings involving allegations of inefficiency, misconduct, and corruption.
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