Islamabad, May 26, 2025:Â 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 …
FBR
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Business
FBR to Seize Pakistan’s Tallest Tower Amid Rs. 26 Billion Tax Scandal
by Hamza Irshadby Hamza IrshadIslamabad, 26 May, 2025: Pakistan’s Tallest Tower, the landmark Bahria Icon Tower in Karachi, is at the centre of a major enforcement action as the Federal Board of Revenue (FBR) …
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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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FBR Expects Rs 250 bn Tax Revenue From Court Cases
by Umar Sohailby Umar SohailIslamabad: In a determined effort to reduce the fiscal shortfall ahead of the upcoming federal budget, the Federal Board of Revenue (FBR) is aiming to secure a significant revenue boost …
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Islamabad, 12 May, 2025: Pakistan’s mobile service providers collected over Rs84 billion in taxes from consumers during the first nine months of the current fiscal year. The Ministry of Finance confirmed …
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Business
FBR and NADRA Designated as Critical Information Infrastructures
by Hamza Irshadby Hamza IrshadIslamabad, 8 May, 2025: FBR and NADRA have been officially designated as part of Pakistan’s “Critical Information Infrastructure” by the federal government under the Prevention of Electronic Crimes Act (PECA) …
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FBR to Tax on High Pensions, Higher IT Exemption
by Umar Sohailby Umar SohailISLAMABAD: The Federal Board of Revenue (FBR) is working on two significant budget proposals for the fiscal year 2025–26, aimed at revising the taxation structure on pensions exceeding a certain …
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Tax Officers to Be Deployed at Business Sites
by Umar Sohailby Umar SohailISLAMABAD: In a significant move aimed at expanding the country’s narrow tax net, the federal government has granted authority to the Federal Board of Revenue (FBR) to station tax officers …
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FBR Shuts Retail Outlets Over Alleged Tax Evasion
by Umar Sohailby Umar SohailKarachi: The Federal Board of Revenue (FBR) has taken decisive action against prominent Western apparel brand Sowears, sealing its offices and five of its retail outlets in Karachi for allegedly …
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Pakistan Loses Tax Revenue to Illicit Trade, Smuggling Rs750bn
by Umar Sohailby Umar SohailIslamabad: A recent report by the Policy Research Institute of Market Economy (PRIME) and the Transnational Alliance to Combat Illicit Trade (TRACIT) reveals that Pakistan loses a staggering Rs 750 …