FBR
FBR Sets Roadmap to Raise Tax-to-GDP Ratio to 18% by FY28
2 min read
Pakistan’s government has outlined a major revenue reform plan as the FBR aims to raise the tax-wto-GDP ratio from 10.33% to 18% by FY28, with…
Govt Expands Asset Disclosure Rule to Grade 17+ Officers
2 min read
The government has made it mandatory for all officers in BPS-17 and above to publicly declare their assets, fulfilling a key condition of Pakistan’s IMF…
FBR Expands Asset Disclosure Rules for Government Officers
2 min read
Pakistan has introduced a stricter transparency framework as the Federal Board of Revenue (FBR) has expanded the category of government officials required to publicly disclose…
FBR Sets Up New Check Posts to Monitor Goods from AJK
2 min read
The FBR has set up two new check posts to monitor vehicles entering taxable areas from Azad Jammu and Kashmir, aiming to tighten checks on…
FTO Orders FBR to Clear Pending Tax Return Extension Requests in 3 Days
2 min read
The Federal Tax Ombudsman has directed the Federal Board of Revenue to clear the entire backlog of tax return extension applications within three days, after…
FBR Issues New Draft Insurance Guarantee Format for Export Facilitation Scheme
2 min read
The Federal Board of Revenue has issued a new draft insurance guarantee format for exporters under the Export Facilitation Scheme, updating the rules to ensure…
FBR Launches AI-Powered Audit of 7 Million Tax Returns
2 min read
The Federal Board of Revenue (FBR) has initiated a massive AI-driven audit to scrutinize over 7 million income tax returns filed across Pakistan, marking a…
These 15 Major Sectors Lead Surge in Pakistan’s Sales Tax Revenue for FY 2024-25
2 min read
Nearly 57.3 percent of Pakistan’s sales tax collection on domestic supplies in 2024-25 came from 15 major sectors, including electrical energy, POL products, sugar, cement…
FBR’s Withholding Tax Collection Surges 32.7pc in FY2025-26
2 min read
The Federal Board of Revenue (FBR) has achieved a major revenue milestone, reporting a substantial 32.7 percent increase in withholding tax collection for the ongoing…
Pakistan’s Tax-to-GDP Ratio Rises to 10.3% Amid Strong Direct Tax Growth
2 min read
Pakistan’s tax-to-GDP ratio has climbed to 10.3% for FY 2024–25, marking a significant improvement from the five-year average of 8.7%, according to the Federal Board…
FBR Recovers Rs840 Million from Lahore-Based Leather Firm Over Tax Evasion
2 min read
The Federal Board of Revenue (FBR) has successfully recovered Rs840 million from ATS Synthetics, a prominent Lahore-based leather manufacturing company, after freezing its bank accounts…
FBR Reports Major Rise in Tax Collection from Sugar and Cement Sectors
2 min read
The Federal Board of Revenue has reported a significant jump in tax receipts from the sugar and cement sectors, stating that improved oversight tools such…
FBR Extends Manual Tax Return Filing Deadline to November 30
2 min read
The Federal Board of Revenue (FBR) has extended the deadline for taxpayers filing manual income tax returns until November 30, 2025, providing additional time for…
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