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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SHC rules in favor of FBR on e-invoicing dispute
Karachi, September 23, 2025 – The Sindh High Court has dismissed a constitutional petition filed by M/s. Gama Lux Oleochemicals Limited challenging the Federal Board of Revenue’s (FBR) move to make electronic invoicing mandatory for registered taxpayers.
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Rates of Sales Tax Default Surcharge for 2025-26
Karachi, September 27, 2025 – The Federal Board of Revenue (FBR) has announced that the levy of default surcharge will continue during the tax year 2025-26 for all cases of non-compliance with the Sales Tax Act, 1990.
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FBR crackdown: Jewelers face tax storm after Sept 30
Karachi, September 27, 2025 – The Federal Board of Revenue (FBR) has announced that strict measures will be initiated against defaulting jewelers after September 30, while temporarily suspending market raids to allow compliance.
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FBR makes online jurisdiction change mandatory
Islamabad, September 27, 2025 – The Federal Board of Revenue (FBR) has issued fresh instructions restricting all requests for jurisdiction changes to its online system.
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FBR withdraws market value from 2025 tax filings
Islamabad, September 26, 2025 – The Federal Board of Revenue (FBR) has officially withdrawn the controversial column requiring taxpayers to declare the estimated market value of their assets in the annual income tax return for tax year 2025.
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FBR keeps IR offices open ahead of return deadline
Islamabad, September 26, 2025 – The Federal Board of Revenue (FBR) has issued instructions to Inland Revenue (IR) offices to remain operational on Saturday, September 27, and Sunday, September 28, treating them as regular working days.
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FBR excludes key income tax exemptions from estimates
Islamabad, September 26, 2025 – The Federal Board of Revenue (FBR) has clarified that several income tax exemptions and concessions have been deliberately excluded from its official estimates in the newly issued Tax Expenditure Report 2025.
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FBR’s Magical Return Form: Changed Without Change!
In yet another episode of “Taxpayers vs. Logic,” the Federal Board of Revenue (FBR) has officially declared that the 2025 income tax return form has not changed at all—except that it now magically requires new restrictions.
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FBR clarifies market value requirement for 2025 return filing
Islamabad, September 25, 2025 – The Federal Board of Revenue (FBR) has issued a detailed clarification regarding the 2025 income tax return filing process, addressing widespread confusion on social media.
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Wealth Statement 2025 Chaos – Taxpayers Face New Trap
Islamabad, September 24, 2025 – In a dramatic twist, the Federal Board of Revenue (FBR) has stunned taxpayers by abruptly amending the wealth statement form for the tax year 2025, sparking widespread confusion, speculation, and even whispers of a looming wealth tax.
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