FBR redefines ‘Public Servant’ to include officers of federal, provincial govt, and state-owned entities
New amendments expand asset declaration rules to cover a wider range of public sector employees
FBR imposes 40% regulatory duty on commercial import of used vehicles
Scheme allows import of vehicles under five years old until June 2026, subject to EDB safety and quality standards
FBR misses first quarter tax target by Rs198 billion
Data shows Rs2.885 trillion collected from July to September, falling short of the Rs3.083 trillion target; September collection of Rs1.23 trillion missed the target by Rs138 billion
Around Rs70-80 billion remitted outside Pakistan annually for foreign exam and degree fees: report
Federal Tax Ombudsman urges FBR to implement new provisions under Income Tax Ordinance to capture revenue from overseas educational remittances
Pakistan likely to miss Rs3.1 trillion tax target for July–September, IMF briefed
FBR projects shortfall below Rs2.95tr, attributing the gap to flood-related disruptions, slower economic activity, and declining electricity demand
FBR extends deadline for sales tax registration for public companies, importers to October 15
New deadlines set for public companies, importers, and non-corporate taxpayers, as FBR rolls out a phased integration with its electronic sales tax system
Senate panel disputes FBR’s challenge of President’s order on MH Traders’ tax case
Citing presidential authority, Senate committee questions FBR’s move to challenge decision in Sindh High Court
FBR to slap tax on TikTok content creators, Senate committee informed
Tax authority is preparing a plan to tax income earned by TikTokers, with Punjab expected to contribute the largest share of recoverable revue, says Senator Faisal Vawda
FBR admits Rs3.6 trillion sales tax gap cannot be fully addressed due to fragmented retail sector: report
Tax authorities struggle with fragmented retail sector as enforcement measures show limited impact; government plans to focus on manufacturing stage for tax collection
PTBA, FPCCI urge one-month deadline extension for income tax returns amid flood devastationÂ
Both bodies cite flood impacts on agriculture and businesses in Punjab and KP and ongoing technical issues with the IRIS system
Islamabad High Court rules foreign currency account yields taxable for resident companies
Court overturns Appellate Tribunal’s ruling, asserts no exemption for income from foreign currency accounts held by resident companies
FBR tax target may be cut by Rs300-Rs500 billion due to privatisation delays, flood losses: report
Government explores flood levy, macroeconomic revisions, and privatisation of SOEs to offset projected revenue shortfalls; agriculture and livestock damages expected to weigh on GDP growth and inflation
Auditor General asks FBR to recover Rs925 billion from taxpayers after audit reveals major irregularities
Audit highlights Rs19 billion in recoveries, with billions more in uncollected taxes and procedural violations across multiple sectors
FBR fixes tax return error for salaried class after FTO intervention
FBR removes "correct receipt value" requirement from income tax returns, allowing salaried individuals to file by the September 30 deadline
FBR launches mandatory digital invoicing system and Business Intelligence Dashboard for all sales tax-registered taxpayers
Digital invoicing system aims to combat fake or unverifiable invoices; Business Intelligence Dashboard will help businesses to access real-time insights and streamline compliance with automated invoice loading