FBR Removes Property Value Column from Tax Return Forms

By Sabica Tahira ⏐ 4 months ago ⏐ Newspaper Icon 2 min read

The federal government has withdrawn the controversial “Estimated Fair Market Value” column from this year’s income tax return forms, after recommendations from a high-level committee…

FBR Clarifies No Change in Income Tax Return Form 2025

By Sabica Tahira ⏐ 4 months ago ⏐ Newspaper Icon 2 min read

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.…

FBR Targets Social Media Influencers With Lifestyle Monitoring Cell to Catch Tax Evasion

By Abdul Wasay ⏐ 4 months ago ⏐ Newspaper Icon 3 min read

The Federal Board of Revenue (FBR) in Pakistan has established a new 40-member Lifestyle Monitoring Cell in a bold move to combat tax evasion. The…

FBR Crackdown on Jewelers as 60,000 Shops Face Tax Investigation

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon 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

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon 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.…

Cars, Cigarettes to Get Costlier as Govt Plans Mini-Budget for Flood Relief

By Sabica Tahira ⏐ 4 months ago ⏐ Newspaper Icon 2 min read

The government is preparing a mini-budget that may burden consumers with higher prices on imported cars, cigarettes, and electronics, aimed at raising revenue for flood…

Faceless Customs System Causes Rs100bn Loss in Three Months

By Manik Aftab ⏐ 5 months ago ⏐ Newspaper Icon 3 min read

The Faceless Customs Assessment (FCA) system, launched by Prime Minister Shehbaz Sharif in Karachi last year to combat corruption, has caused a staggering Rs100 billion…

FBR Deploys New IRIS Registry Version for Taxpayers

By Manik Aftab ⏐ 5 months ago ⏐ Newspaper Icon 2 min read

The Federal Board of Revenue (FBR) has announced the successful deployment of a new registry version on its IRIS portal, aimed at improving efficiency and…

Ex-FBR Chief Warns Crypto May Rival Hawala in Usage

By Manik Aftab ⏐ 5 months ago ⏐ Newspaper Icon 2 min read

Former Federal Board of Revenue (FBR) chairman and economist Shabbar Zaidi has warned that cryptocurrencies could rival hawala in usage, even though cryptocurrency regulation in…

FBR Introduces Whistleblowing System to Track Tax Evasion, Reward Tips

By Salman Akhtar ⏐ 5 months ago ⏐ Newspaper Icon 2 min read

The Federal Board of Revenue (FBR) is launching a whistleblowing system to find tax evasion and to reward successful reporters. The system will allow citizens…

Federal Govt Notifies Shahid Iqbal Posting to Science and Technology

By Salman Akhtar ⏐ 5 months ago ⏐ Newspaper Icon 2 min read

The Cabinet Secretariat Establishment Division has issued an official notification transferring Mr Shahid Iqbal Baloch to the post of Secretary Science and Technology Division, with…

FBR Resolves Major Income Tax Portal Bug for Salaried Class

By Sabica Tahira ⏐ 5 months ago ⏐ Newspaper Icon 2 min read

The Federal Board of Revenue (FBR) has resolved a significant technical issue in its income tax return filing system affecting the salaried class. The bug,…

FBR Launches Digital Invoicing System to Streamline Sales Tax

By Salman Akhtar ⏐ 5 months ago ⏐ Newspaper Icon 2 min read

The Federal Board of Revenue (FBR) has launched a nationwide digital invoicing system for all sales tax registered taxpayers. The new system links business invoicing…

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