Islamabad, April 29, 2025 – In a significant move under its transformation initiative, the Federal Board of Revenue (FBR) has rolled out a comprehensive plan to enhance the capacity of its audit workforce. As part of this strategy, the FBR has officially released job descriptions for third-party auditors and industry experts who will serve as mentors and trainers for FBR officers.
(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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Non-filers likely to face transaction restrictions in upcoming budget
Islamabad, April 29, 2025 – The federal government is expected to introduce stringent measures targeting non-filers in the upcoming budget 2025–26, with new legislation likely to restrict their ability to carry out economic transactions.
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FBR chairman rallies tax officials to boost revenue collection
ISLAMABAD, April 29, 2025 — Rashid Mahmood Langrial, Chairman of the Federal Board of Revenue (FBR), has urged tax officials across the country to utilize their full potential to bring transparency to their operations and significantly boost revenue collection.
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SBP advocates reducing tax burden on salaried individuals
KARACHI, April 29, 2025 — The State Bank of Pakistan (SBP) has strongly recommended that the government prioritize policies aimed at broadening the tax base and reducing the tax burden on salaried individuals and other documented sectors of the economy.
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Property tax revenue climbs 25% in 9MFY25, FBR reports
Islamabad, April 28, 2025 – The Federal Board of Revenue (FBR) has reported a significant 25% increase in tax collection from property transactions during the first nine months (July – March) of the current fiscal year 2024-25.
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How FBR modernizes invoicing systems through successive SROs
The Federal Board of Revenue (FBR) has undertaken a significant journey to digitize tax compliance, particularly through the progressive rollout of digital invoicing and e-invoicing systems.
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FBR reports 55% growth in electricity bill tax collection for March
Karachi, April 26, 2025 – The Federal Board of Revenue (FBR) has reported a substantial 55% increase in tax collection from electricity bills for the month of March 2025, reflecting a surge in energy consumption driven by rising industrial and commercial activity.
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Tax collection windows to remain open on Saturdays: FBR
Islamabad, April 25, 2025 – In a bid to facilitate taxpayers and ensure the achievement of tax collection targets, the Federal Board of Revenue (FBR) has announced that its offices will remain open on Saturdays until June 30, 2025.
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FBR further extends sales tax return deadlines for February, March
Islamabad, April 25, 2025 – In a continued effort to accommodate taxpayers facing procedural and technical hurdles, the Federal Board of Revenue (FBR) has announced a further extension for the filing of sales tax returns for the months of February and March 2025.
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FBR issues fresh customs valuation for Apple iPhones
Karachi, April 25, 2025 – The Federal Board of Revenue (FBR) has issued fresh customs valuation for Apple iPhones for determination of duty and taxes.
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