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.
-
Pakistan grants Rs61b in tax exemptions under trade agreements
Karachi, October 6, 2025 – Pakistan has provided a substantial tax exemption of Rs61 billion during the tax year 2023–24 under various Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs), according to the Tax Expenditure Report 2025 issued by the Federal Board of Revenue (FBR).
Written by
-
FBR to revise customs values of old, used mobile phones
Karachi, October 6, 2025 – The Federal Board of Revenue (FBR) is preparing to revise the customs values of old and used mobile phones to ensure accurate valuation and fair taxation on imports.
Written by
-
FBR collects Rs7.70b as CVT on motor vehicles in FY25
Islamabad, October 5, 2025 — The Federal Board of Revenue (FBR) has collected Rs7.70 billion as Capital Value Tax (CVT) on motor vehicles during the fiscal year 2024–25, marking a slight decline from Rs7.80 billion collected in the previous fiscal year.
Written by
-
FBR unveils arrest procedure for IR officers in tax fraud cases
ISLAMABAD, October 5, 2025 – The Federal Board of Revenue (FBR) has officially issued a detailed framework outlining the arrest procedure for Inland Revenue (IR) officers in connection with tax fraud investigations.
Written by
-
FBR sees annual 7% drop in cash withdrawal tax collection
Islamabad, October 4, 2025 – The Federal Board of Revenue (FBR) has reported a noticeable decline in tax collected on banking cash transactions, with withholding tax collection on cash withdrawal dropping by 7% during fiscal year 2024-25.
Written by
-
IR Officers Get Court Powers in Tax Summon Cases
Karachi, October 4, 2025 – In a dramatic move that could reshape Pakistan’s tax enforcement landscape, Inland Revenue (IR) officers have been empowered with court-like authority to summon individuals in tax-related cases.
Written by
-
FBR Busts Mega Fraud at Karachi Airport
Islamabad, October 3, 2025 – The Federal Board of Revenue (FBR) has uncovered a major fraud at Jinnah International Airport, Karachi, involving the illegal removal of high-value electronic consignments without filing Goods Declarations (GDs) or paying customs duties and taxes.
Written by
-
TRG Pakistan explains tax disputes with FBR – 2025
Karachi, October 3, 2025 – TRG Pakistan Limited has released its Annual Report for 2025, providing detailed clarification on ongoing income tax disputes with the Federal Board of Revenue (FBR).
Written by
-
Record Rs556bn Tax Paid by Salaried Class in FY25
Islamabad, October 3, 2025 – The salaried class contributed a record Rs556 billion in withholding income tax during fiscal year 2024-25, according to withholding tax collection data released by the Federal Board of Revenue (FBR).
Written by
-
FBR may impose economic restrictions on 2025 tax non-filers
Islamabad, October 2, 2025 – The Federal Board of Revenue (FBR) is preparing to invoke strict economic restrictions on individuals who fail to file their income tax returns for the year 2025.
Written by
