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FBR revises functions and jurisdiction of post-clearance audit and internal audit directorates

Reorganization aims to enhance compliance and facilitate trade through improved data analytics and audit processes

FBR to call taxpayers on income tax return filing

Campaign will provide information on electronic tax return filing; helpline available for queries

FBR empowered to impose Rs 500,000 penalty for non-compliance with digital invoicing

Subsequent violations could trigger higher fines of Rs 1 million, Rs 2 million, and Rs 3 million as FBR urges registered taxpayers to integrate systems

FBR misses August tax collection target by Rs64 billion

Provisional collection recorded Rs886 billion against Rs950 billion target; two months shortfall stands at Rs47.5 billion

FBR mandates quarterly tax filings for couriers, payment intermediaries

Online marketplaces handling digital transactions to submit monthly statements under new draft rules

KTBA flags technical issues in FBR Iris portal for 2025 tax returns

Lawyers warn glitches and legal gaps are delaying filings and affecting compliance

PM forms committee to review 10% sales tax in KP’s merged districts, FBR chief tells NA panel

Committee led by Rana Sanaullah to address concerns over tax imposition and regional cost disparity

FBR extends July sales tax return filing deadline to August 26

Extension applies if due tax has been deposited by original deadline

Audit report reveals Rs789.92 billion tax gap, major discrepancies in fiscal governance

Rs480.19 billion income tax shortfall, Rs212.12 billion sales tax gap, Rs40 billion customs duties deficit, and Rs615 million excise duty discrepancy expose tax collection weaknesses

FBR launches simplified electronic tax returns for individuals for 2025

New auto-fill forms aim to streamline filing for salaried taxpayers, small businesses, and overseas property owners

FBR introduces new electronic foreign income and assets declaration for tax year 2025

Tax body also launches simplified returns for individuals, companies, and SMEs for the upcoming tax year

Tax policy office moved to Finance Ministry, FBR no longer responsible for budget preparation, says Aurangzeb

Finance minister announces shift in responsibility, outlines upcoming industrial and tariff reforms

FBR yet to implement IHC-mandated automated income tax refund system

Court directives under Section 170A remain unexecuted despite assurances from FBR Member (Policy)

FBR allows direct appeals to Appellate Tribunal in excise duty cases

Taxpayers can bypass basic appeal under Finance Act 2025 and file FED-related cases directly

FBR to suspend or blacklist sales taxpayers refusing access to business premises

New Sales Tax Rules 2006 mandate action against taxpayers obstructing tax monitoring and violating compliance