The Federal Board of Revenue (FBR) has introduced updated guidelines for determining sales tax liability for the fiscal year 2025–26.
(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.
-
FBR releases tax filing rules for online marketplace
Islamabad, August 27, 2025 – The Federal Board of Revenue (FBR) has released a draft withholding statement form specifically designed for the online marketplace sector, marking a step towards enhancing compliance and transparency in digital commerce.
(more…) -
FBR issues withholding tax rates for export of services in FY26
Karachi, August 27, 2025 – The Federal Board of Revenue (FBR) has issued updated withholding tax rates for the export of services for the fiscal year 2025-26.
(more…) -
Time and manner of payment under sales tax laws – FY 2025-26
The Federal Board of Revenue (FBR) has issued clear guidelines regarding the time and manner of payment of sales tax for the fiscal year 2025-26.
(more…) -
Traders must understand scenario of sales tax rate change
The Federal Board of Revenue (FBR) has emphasized that traders and businesses must clearly understand how a change in the rate of sales tax affects their transactions under the updated Sales Tax Act, 1990 for tax year 2025-26.
(more…) -
FBR lists goods eligible for zero-rate sales tax in FY 2025-26
The Federal Board of Revenue (FBR) has published an updated list of goods that will be subject to zero-rate sales tax during the fiscal year 2025-26. This update is part of the latest changes made to the Sales Tax Act, 1990, ensuring businesses clearly understand which items qualify for tax relief.
(more…) -
Shehbaz orders transparency, modernization in Pakistan Customs
Islamabad, August 26, 2025 – Prime Minister Muhammad Shehbaz Sharif has directed authorities to enhance transparency and efficiency in the country’s customs inspection and assessment process through the integration of advanced technology and the introduction of a faceless system.
(more…) -
Shakeel Shah takes charge as Member Customs Operations
Islamabad, August 26, 2025 – Syed Shakeel Shah, a BS-21 officer of the Pakistan Customs Service (PCS), has officially assumed the position of Member Customs Operations, according to a notification issued on Tuesday.
(more…) -
Tax treatment of property income in 2025–26
ISLAMABAD, August 26, 2025 – The Federal Board of Revenue (FBR) has officially released the tax framework for property income in the upcoming tax year 2025–26, as part of the updated Income Tax Ordinance, 2001, which incorporates amendments introduced through the Finance Act, 2025.
(more…) -
FBR issues tax rates on prizes and winnings for FY 2025-26
Islamabad, August 25, 2025 – The Federal Board of Revenue (FBR) has announced updated withholding tax rates on prizes and winnings for the fiscal year 2025-26.
(more…)