Taxation
NBP and Commercial Banks Extend Hours on November 29 for Tax Collections
The government has directed commercial banks to remain open this Saturday, November 29, 2025, to facilitate over-the-counter payment of duties and taxes. All Saturday-opening branches, including NBP branches handling customs collections, will operate from 9:00 A.M. to 5:00 P.M. Designated…
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Punjab Revenue Authority’s Tax Collection Jumps 28pc Year-on-Year
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The Punjab Revenue Authority’s (PRA) tax collection jumped 28 percent year-on-year in the first quarter of fiscal year 2025–26, reaching Rs66.41 billion. The increase comes…
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The International Monetary Fund (IMF) has agreed in principle to reduce Pakistan’s tax collection target for the ongoing fiscal year by Rs160 billion. Under the…
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FBR Officials Face Probe After Maladministration Case Referred by FTO
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The Federal Board of Revenue is facing an internal probe after the Federal Tax Ombudsman (FTO) referred a maladministration case involving senior tax officials to…
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The Federal Board of Revenue (FBR) has exposed a Rs384 million duty and tax evasion scam at Karachi Airport, seizing high-value electronics, including PlayStations and…
FBR Reports Major Tax Deficit in First Quarter of FY2025-26
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The Federal Board of Revenue faced a sharp setback in the first quarter of fiscal year 2025-26. Official data shows the FBR collected Rs. 2,885…
FBR Flags 14,000 Jewelers for Not Filing Tax Returns
2 min read
The Federal Board of Revenue (FBR) has flagged more than 14,000 jewelers for failing to file income tax returns, while thousands of others either declared…
FBR Clarifies No Change in Income Tax Return Form 2025
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It has been observed that certain elements are spreading misleading information on various social media groups regarding the Income Tax returns for tax year 2025.…
Supreme Court Examines Legality of Super Tax on High Earners
3 min read
The Super Tax came under legal scrutiny on Monday as senior counsel Ahmed Jamal Sukhera argued before the Supreme Court’s Constitutional Bench (CB) that the…
FBR Crackdown on Jewelers as 60,000 Shops Face Tax Investigation
2 min read
The Federal Board of Revenue (FBR) has launched a major crackdown on jewelers, compiling data on more than 60,000 businesses across Pakistan to curb widespread…
FBR Goes After 100,000 Influencers Showing Off Wealth Online
2 min read
The Federal Board of Revenue (FBR) has launched a crackdown on 100,000 influencers and wealthy individuals who are flaunting their wealth on social media platforms.…
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