Taxation
Trending Topics
FBR Revenue Shortfall Hits Rs42bn in First Two Months of FY26
The Federal Board of Revenue (FBR) has reported a revenue shortfall of nearly Rs42 billion during the first two months of the current fiscal year,…
Govt Unveils Simplified Tax Form for Salaried Class
Finance Minister Muhammad Aurangzeb has announced a simplified tax form for salaried class, cutting the number of required fields from 800 to just 40 in…
Islamabad Car Token Tax to Rise Following Cabinet Decision
The Federal Cabinet has approved revisions to token tax rates for vehicles in Islamabad after a gap of six years. The decision is expected to…
FBR Ends QR Code Requirement for IRIS Login
The Federal Board of Revenue (FBR) has officially suspended the requirement for taxpayers to log in to the IRIS login system using a QR code.…
FBR Rolls Out Simplified Electronic Tax Return Form
The Federal Board of Revenue (FBR) has officially notified the simplified electronic tax return form for the tax year 2025, introducing an easier and more…
FBR Can Now Access Your Internet and Call Data
The Federal Board of Revenue (FBR) now has the authority to access citizens’ internet use and phone call records during tax fraud probes. Internet service…
FBR Faces Pressure to Fix Income Tax Return System Ahead of 2025 Filing Deadline
Taxpayers and experts are urging Pakistan’s Federal Board of Revenue (FBR) to urgently address serious issues with the Iris e-filing portal, ahead of the upcoming…
Govt Plans Gradual Cut in Super Tax for Manufacturing Sector
The government is preparing to slash the super tax for the manufacturing sector as part of its new industrial policy, aiming to reduce the rate…
FTO Targets Rs133m Fake Tax Invoices Scam
The Federal Tax Ombudsman (FTO) has directed the Director General of Intelligence and Investigation (I&I) Inland Revenue to track down cybercriminals who used IP addresses…
FBR Arrest Powers Tied to Consultation with Business Representatives
The federal government has made it mandatory for tax officials to consult at least two business representatives before starting investigations that could lead to arrests.…
PM Shehbaz Orders Pakistan Revenue Automation Limited Shutdown by Dec
Prime Minister Shehbaz Sharif has ordered the Pakistan Revenue Automation Limited (PRAL) shutdown within six months, a move that could disrupt the country’s entire tax…
FBR Sales Tax Deadline for June 2025 Returns Extended Further
Pakistan’s apex tax body has further extended the FBR sales tax deadline for June 2025 returns. Taxpayers now have more time to submit returns if…
