FBR transfers raise questions on ongoing investigations into benami transactions, money laundering: report
Controversy erupts over transfer of senior officials involved in vehicle import investigations, with concerns over potential interference in high-profile cases
FBR to appoint 102 sector experts for field audits of key industries
Tax body will conduct field audits of 42 sectors, including automotive, textile, pharmaceuticals, and telecommunications, starting with the first phase
FBR to impose 20% tax on early disposal of government debt securities
New tax rates introduced on capital gains from debt securities, with 20% applied to sales within six months
FBR amends tax provisions for banks to align income with taxable earnings
Changes to the Income Tax Ordinance 2001 aim to streamline banking income reporting, effective July 1, 2025
IT and IT-enabled services to retain 4% withholding tax rate in FY2025-26
FBR maintains tax rates for specified and non-specified services; IT sector exempted from higher withholding tax
FBR must consult business representatives before making arrests in tax fraud cases
New guidelines slow down enforcement actions, prompting concerns over leniency toward traders
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