Islamabad, May 26, 2025: The federal government has decided to apply an 18% sales tax on products manufactured in the ex-tribal areas (ex-FATA/PATA) starting from the upcoming federal budget for the …
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FBR New Tax Rules
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Islamabad, 22 May, 2025: FBR, the Federal Board of Revenue, has significantly expanded its reach during the fiscal year 2024–2025 by bringing over 2.4 million new taxpayers into the system. …
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Islamabad, Mar 29, 2025: Pakistan’s Federal Board of Revenue (FBR) is confronting a significant revenue shortfall, missing its March 2025 tax collection target by over PKR 100 billion (approximately $355 …
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Business
PAC Orders FBR to Probe Rs. 312 Billion Sales Tax Irregularity
by Hamza Irshadby Hamza IrshadIslamabad, Mar 6 2025: PAC Orders FBR to Probe Rs. 312 Billion Sales Tax Irregularity, referring the matter back to the Federal Board of Revenue’s (FBR) Departmental Audit Committee (DAC) …
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Business
FBR to Collect Additional Rs. 250 Billion from Retailers to Address Tax Shortfall
by Hamza Irshadby Hamza IrshadIslamabad, Mar 4, 2025: The Federal Board of Revenue (FBR) is set to launch an intensified revenue collection initiative, targeting an additional Rs. 250 billion from retailers to bridge the …
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Business
FBR Clarifies New Tax Rules for Late Filers Following LHC Ruling
by Hamza Irshadby Hamza IrshadIslamabad, Aug 22: When it comes to the purchase and sale of real estate, the Federal Board of Revenue (FBR) cannot retroactively apply higher withholding tax rates by designating “return …