Islamabad, June 9, 2025 – The Economic Survey 2024–25 has spotlighted a sweeping series of reforms undertaken by the Federal Board of Revenue (FBR) to modernize tax collection, enhance digital infrastructure, and crack down on smuggling and evasion.
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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 plans to block ATL benefits for nil filers in 2025-26 budget
In a decisive move to tighten the noose around tax dodgers, the Federal Board of Revenue (FBR) has finalized a groundbreaking legal proposal aimed squarely at ‘nil filers’ — individuals and entities who submit income tax returns with zero declared income solely to gain benefits of the Active Taxpayers List (ATL).
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Budget 2025-26: Government targets freelancers with new tax plan
Islamabad, June 7, 2025 — The federal government is preparing to bring freelancers under the tax radar as part of major fiscal reforms in the upcoming budget for 2025-26, scheduled to be presented on June 10.
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FBR considers GST on cross-border online sales in FY26 Budget
ISLAMABAD, June 6, 2025 – The Federal Board of Revenue (FBR) is actively exploring the imposition of General Sales Tax (GST) on cross-border online sales as part of the upcoming budget for 2025–26.
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FBR rejects all leave requests ahead of FY26 Budget presentation
Islamabad, June 5, 2025 – The Federal Board of Revenue (FBR) has issued strict directives rejecting all leave applications submitted by officials of the Inland Revenue Service (IRS), as the government prepares to present the federal budget for the fiscal year 2025-26.
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FBR recovers over Rs5 billion in major tax case against K-Electric
Karachi, June 5, 2025 – The Federal Board of Revenue (FBR) has successfully recovered over Rs5 billion from K-Electric, following a major court ruling on a long-standing tax dispute. This recovery comes after a legal battle over the application of minimum tax provisions under Section 113 of the Income Tax Ordinance, 2001.
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FBR shares key tax operations data with IMF under EFF monitoring
Islamabad, June 4, 2025 – The Federal Board of Revenue (FBR) continues to provide detailed data on tax operations to the International Monetary Fund (IMF) as part of ongoing commitments under the Extended Fund Facility (EFF).
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Islamabad High Court stays enforcement of tax recovery ordinance
In a significant development, the Islamabad High Court has issued a stay order against the implementation of the recently promulgated Tax Laws (Amendment) Ordinance, 2025.
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FBR advised to honor loyal taxpayers for expanding tax net
Karachi, June 3, 2025 – In a powerful and game-changing proposal ahead of the federal budget 2025-26, the Institute of Chartered Accountants of Pakistan (ICAP) has sounded the alarm: If the FBR wants more taxpayers, it must start by honoring the ones it already has.
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Major overhaul of CGT on securities expected in Budget 2025-26
Karachi, June 3, 2025 — A significant overhaul in the structure of Capital Gains Tax (CGT) on the disposal of securities is likely to be announced in the upcoming budget for the fiscal year 2025–26, according to sources close to the Federal Board of Revenue (FBR).
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