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 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.
Written by
-
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.
Written by
-
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.
Written by
-
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.
Written by
-
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.
Written by
-
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.
Written by
-
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.
Written by
-
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.
Written by
-
FBR issues withholding tax rates for exports for tax year 2025-26
Islamabad, August 25, 2025 – The Federal Board of Revenue (FBR) has released updated withholding tax rates applicable to exports for the tax year 2025-26, following recent amendments to the Income Tax Ordinance, 2001 through the Finance Act, 2025.
Written by
-
What happens if sales tax is collected in excess?
Islamabad, August 25, 2025 – The Federal Board of Revenue (FBR) has clarified the legal framework for handling excess sales tax collections under Section 3B of the Sales Tax Act, 1990.
Written by
