FBR extends sales tax returns deadline to August 4, 2025
Taxpayers required to pay due sales tax by original deadline to avail extended filing date for June returns
Pakistan’s tax-to-GDP ratio reaches 10.6% in FY2025, FBR tells PM
Tax-to-GDP ratio increases by 1.5%, narrowing the gap to IMF targets; number of tax filers rises to 7.2 million; PM calls for ongoing reforms to modernie the tax system
Govt to raise cash sales limit to Rs2.5 million for businesses in new tax reform
Under the revised plan, the disallowance limit will gradually decrease over a three-year period
FTO seeks explanation over FBR’s failure to obtain UAE golden visa data
Ombudsman asks FBR to explain five-year delay in acquiring FIA records on Pakistani investors abroad
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 Â
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 authorityÂ
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