FBR field formations empowered for aggressive tax enforcement to meet FY25 targets
Instructs tax offices to work Saturdays and take proactive action for achieving revenue goals in April and May 2025
FBR extends deadline for Sales Tax, Federal Excise Return submissions until April 25
Taxpayers granted extension for March 2025 returns, with due liabilities to be paid by the original due date
Tax Bar Association flags red tape as hindrance to FBR reforms, taxpayer relief
PTBA urges FBR to streamline processes, address inefficiencies in sales tax registrations and appeals system
Govt considers raising taxable income threshold, taxing high pensions
FBR sources indicate relief proposals for salaried class are under review; pensions above Rs800,000 annually could face 5% tax
Govt to abolish 3% federal excise duty on property sales
PM’s task force on housing backs decision to reverse controversial tax, boosting the real estate sector ahead of IMF review
FTO stops FBR from penalising businesses for delayed sales tax returns due to tax department’s inaction
Federal Tax Ombudsman directs FBR to allow filing of returns and warns against penalties in cases caused by departmental delays
Salaried Class Alliance calls for tax relief, revision of slabs in FY26 budget
Alliance urges govt to raise exemption threshold to Rs 1,200,000 and introduce deductions to ease burden on salaried individuals
Number of registered businesses surpasses 12.5 million, FBR informs NAÂ
Punjab leads with 8.2 million businesses; figures show a significant increase of 5.3 million registered business taxpayers over the past three years
FBR to use geo-tagging for surveys in major cities to bring retailers, wholesalers into tax net
Tax body plans to connect 50,000 to 100,000 shops to POS systems in efforts to meet IMF's Rs50bn target for retailers
Appellate Tribunal Inland Revenue exempts foreign assets from capital value tax
ATIR Lahore annuls Rs37.38 million CVT demand, ruling FADRA takes precedence over CVT Act 2022 for foreign assets
FTO orders investigation into FBR’s forceful online integration of businesses
Taxpayer complaint leads to inquiry over privacy concerns and implementation of online integration by FBR
Pakistan’s tax shortfall hits Rs725 billion as FBR misses nine-month target
Tax body also misses March target by Rs100 billion; IMF lowers target for FY25 by Rs640 billion to Rs12.33 trillion
FBR uncovers smuggling ring using luxury watches to launder money and evade taxes
Three high-end watch outlets raided in Karachi for tax evasion amounting to Rs180 millionÂ
FBR’s direct tax collection rises 29.4% to Rs632.7 billion in H1 FY2024-25
Sales tax, federal excise duty, and customs duties also see notable growth in first half of fiscal year 2024-25.
FBR to take legal action against 463 importers, 106 agents over Rs14bn tax evasion scheme
Fraud, exposed after five years by a former employee, involved the manipulation of over 2,300 customs declarations to evade taxes