FBR
FTO Orders FBR to Clear Pending Tax Return Extension Requests in 3 Days
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
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
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
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
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
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
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
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
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…
FBR Extends Deadline for Manual Tax Returns Filing
The Federal Board of Revenue has extended the deadline for filing manual tax returns until November 30, offering temporary relief to taxpayers who still rely…
FBR Makes Digital System Integration Mandatory for High-Tax Distributors and Retailers
The Federal Board of Revenue (FBR) has made it compulsory for large distributors and retailers to integrate their operations with the FBR’s digital monitoring system.…
FBR Rules Out New Taxes Despite Rs275bn Revenue Shortfall
The Federal Board of Revenue (FBR) has decided not to impose any new taxes despite facing a Rs275 billion shortfall in revenue during the first…
FBR Targets Flashy Influencer CEO Over Flaunting Undeclared Luxury Cars
The Federal Board of Revenue (FBR) has intensified its nationwide crackdown on individuals flaunting luxury lifestyles on social media while declaring minimal income in their…
