FBR excludes recreational clubs from non-profit status under Finance Act 2025
New tax provisions apply to recreational clubs charging over Rs1 million in membership fees
PM orders abolition of Pakistan Revenue Automation Limited in six months amid challenges in tax system overhaul
Shehbaz Sharif directs creation of new body for digital tax transformation, despite concerns over disruptions
Ineligible individuals to face stricter restrictions in car, property transactions
FBR clarifies Finance Act 2025 provisions, introduces Section 114C to distinguish between "eligible" and "ineligible" individuals based on financial capacity for economic transactions
FBR mandates phased integration of electronic invoicing system for sales tax-registered entities
Starting Aug 1, companies must register and test systems for e-invoicing, with deadlines for different turnover categories leading up to December 1
FBR rolls back 0.25% penalty on declared value of goods
Tax body halts penalty enforcement temporarily, following concerns raised by customs agents over implementation without official notification
FBR’s procurement plan for FY2025-26 reveals Rs180 million allocated for computer stationery
Rs560 million budget includes significant allocations for refreshments, vehicle maintenance, and foreign delegation visits
FBR surpasses July revenue target with Rs755 billion collection
Sales tax collection hits Rs302 billion, customs duty reaches Rs106 billion, but income tax falls Rs15 billion short of target
FBR forms committee to resolve tax dispute amid ongoing protests in Gilgit-Baltistan
Seven-member committee tasked with addressing traders' tax grievances and resuming trade between Pakistan and China
FBR suspends digital proceeds tax on digitally ordered goods and services from outside Pakistan
New directive states that Digital Proceeds Tax Act 2025 will not apply to digitally ordered goods and services imported from abroad
FBR withdraws customs duty exemption on 479 items, revises regulatory duty rates
FBR also removes registration requirement with Ministry of Textile Industry, introduces revised conditions for machinery and equipment imports by registered textile manufacturers
FBR cracks down on Benami transactions by used car importers, targets billions in tax evasion
Anti-Benami zone launches crackdown on Vehicle Baggage and Gifts Scheme abuse, calls for stricter regulations
Pakistan moves to grant tax exemptions to US tech giants as trade deal with Trump administration nears: report
FBR seeks approval for tax relief under Digital Presence Proceed Act as bilateral trade talks advance
FBR raises cap on deferred sales tax refunds for exporters under “FASTER” system
New instructions, issued to FBR field formations, allow for the processing of refunds for exporters outside the five key export sectors up to a 10% cap
FBR reconstitutes committee for sales tax integration license evaluation
New committee to assess applications for integration of registered persons under updated Sales Tax Rules
Mismanagement within FBR results in Rs397 billion loss to national exchequer, reveals PAC’s subcommitteeÂ
Investigation reveals lapses in tax and customs duty recovery, with PIA's failure to transfer Rs2.5 billion to FBR