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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Pakistan issues customs rules for barter trade with Russia, Iran, and Afghanistan
Karachi, November 5, 2025 – The Government of Pakistan has officially notified the customs clearance procedure for barter trade with Russia, Iran, and Afghanistan, marking a significant development in the country’s regional trade framework.
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FBR excluded from next year’s federal budget amid major policy shift: Aurangzeb
Karachi, November 5, 2025 – In a landmark reform move, Finance Minister Muhammad Aurangzeb announced on Wednesday that the Federal Board of Revenue (FBR) will not prepare next year’s federal budget, marking a major policy shift toward institutionalizing fiscal stability and long-term economic planning.
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FBR extends tax return filing deadline to November 30, ends manual submissions
Islamabad, November 5, 2025 – The Federal Board of Revenue (FBR) has officially extended the deadline for filing income tax returns for Tax Year 2025 until November 30, 2025, while also phasing out manual return submissions in favor of a fully digital system.
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FBR drops bombshell on retailers with new supply chain monitoring law
Islamabad, November 4, 2025 – In a major crackdown move, the Federal Board of Revenue (FBR) has unleashed a sweeping new rule to bring thousands of retailers under digital supply chain surveillance, tightening the noose on tax evasion and undocumented trade.
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FBR blunder sparks confusion over manual tax return filing rules
Islamabad, November 4, 2025 – In a surprising and controversial move, the Federal Board of Revenue (FBR) has proposed making electronic filing of income tax returns mandatory for all individuals, effectively phasing out manual filing completely.
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FBR allows taxpayers to file 2025 returns till November 15
Islamabad, November 4, 2025 – The Federal Board of Revenue (FBR) has officially announced that taxpayers who missed the October 31 deadline can now file their income tax returns for Tax Year 2025 until November 15, 2025.
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Rahim demands justice as FBR fumbles 2025 tax return deadline
Karachi, November 3, 2025 – The Karachi Tax Bar Association (KTBA) has come out swinging against the Federal Board of Revenue (FBR), accusing it of gross mismanagement, repeated violations of tax laws, and making a mockery of the 2025 tax return filing process.
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KTBA blasts FBR for denying tax deadline amid IRIS chaos
Karachi, November 3, 2025 – The Karachi Tax Bar Association (KTBA) has strongly criticized the Federal Board of Revenue (FBR) for its uncompromising stance on refusing to extend the income tax return filing deadline for the Tax Year 2025, despite persistent technical glitches on the IRIS online portal.
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FBR collects Rs237 billion in property taxes during FY25 – 19% growth recorded
Karachi, November 2, 2025 – The Federal Board of Revenue (FBR) has achieved a major milestone by collecting Rs237 billion in withholding income tax from property transactions during fiscal year 2024–25, reflecting a robust 19% year-on-year increase compared to Rs200 billion collected in FY2023–24.
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Brace for impact: FBR targets record Rs22 trillion tax collection by FY2030
Islamabad, November 1, 2025 – Get ready, taxpayers — a massive tax storm is on the horizon! The Federal Board of Revenue (FBR) has been handed an ambitious target to almost double Pakistan’s total tax collection to a staggering Rs22 trillion by fiscal year 2029-30.
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