Tax fraud in Pakistan exceeds Rs700 billion, FBR chief tells NA committee

Rashid Langrial calls for stronger post-audit mechanisms and strict penalties to tackle widespread sales tax fraud

FBR to consult stakeholders on Digital Enforcement Stations to combat smuggling in 2025-26

Stakeholder engagement plan to include importers, transport associations, and customs for implementing digital stations

FBR authorises DCs and ACs to seize illicit cigarettes, extends anti-smuggling powers for LEAs until June 2026

Frontier Corps, Rangers, PMSA, and Coast Guards authorized to combat smuggling in collaboration with Pakistan Customs

Supreme Court rules against immediate coercive tax recovery under Section 140 of Tax Ordinance

Court calls for reasonable notice periods for tax payments and upholding taxpayer dignity

FBR chairman defends new tax rule on high-value cash sales, assures no political interference

Langrial says govt will not reverse new legislation disallowing 50% of expenditure for cash sales exceeding Rs200,000 per transaction; clarifies no political victimisation of politicians in tax matters

Trading Corporation of Pakistan, private sector granted major tax exemptions on sugar imports

Sales tax reduced from 18% to 0.25%, withholding tax lowered to 0.25%, and 3% minimum value-added tax waived on import of 500,000 metric tons of sugar

FBR introduces new 25-page electronic income tax return form for individuals

Tax authority also introduces draft income tax return form for companies under, provides 7-day window to submit objections or suggestions  

Finance minister chairs meeting on FBR transformation and institutional reforms

Key steps discussed for enhancing FBR’s efficiency, accountability, and tax collection capabilities

FBR clarifies tax rates for overseas Pakistanis on property transactions

Non-filers with valid Pakistan Origin Card or NICOP can avail filer rate on property deals, says tax authority 

Salaried class pays Rs545 billion in taxes, more than double the combined amount paid by exporters, retailers in FY25

Retailers paid Rs62 billion, eight times less than salaried individuals; exporters contributed Rs180 billion despite earning in foreign currency

FBR reports 40% surge in sales tax collection through PoS system in FY25

Growth driven by digital initiatives, enforcement actions, and increased tax compliance in retail sector

FBR targets 18% tax-to-GDP ratio by 2027-28 with focus on higher provincial contributions, transparency

FBR chairman outlines tax strategy, emphasizing increased provincial contribution to 3% and federal contribution to 15%

Govt reduces regulatory duties on imported food, vehicles, and personal care goods

Duties cut by 44% on SUVs, 15% on cars, 10% on cheese, 5% on poultry; pet food, cosmetics, and other goods also see reductions

Hotels, marriage halls, beauty parlours, and professional services in Islamabad Capital Territory to face 15% sales tax

5% GST for restaurant services paid via digital methods; 15% GST on cash payments

Large Taxpayers Office Karachi achieves record Rs3.5 trillion revenue in FY25

Historic collection includes Rs184.7 billion in a single day and a 29% annual growth, with income tax as the highest contributor