Federal Board of Revenue (FBR)
FBR Crackdowns on Doctors & Beauty Salons to Expand Tax Net
The Federal Board of Revenue (FBR) has initiated a strict audit of professionals in a major move to broaden the tax net. The tax collection…
Tax Returns Hit Rs. 5.9 Million: No More Blanket Extension for Filers
Pakistan has reached a major tax milestone as income tax return filings surged to 5.9 million by October 31, 2025. The figure marks a 17.6%…
Jazz Pays $158M to Settle Tax Dispute After IHC Ruling
Jazz has settled its tax dispute with Pakistan’s federal tax authorities through the Alternate Dispute Resolution Committee (ADRC). An official document revealed that the settlement,…
Mandatory FBR E-Invoicing Begins for All Sales Tax Registered Entities
The Federal Board of Revenue has made FBR e-invoicing mandatory for all sales tax registered entities. This phased implementation will start on August 1, aiming…
Will Prices of Aliexpress & Temu Drop after FBR Latest Tax Exemption?
Many Pakistani online shoppers are wondering: Will the prices of AliExpress and Temu finally go down after the Federal Board of Revenue (FBR) suspended the…
Federal Board of Revenue Takes Step to Settle GB Tax Dispute
The Federal Board of Revenue (FBR) has formed a seven-member committee to address tax concerns in Gilgit-Baltistan (GB). This move follows a ten-day protest by…
PM Directs Launch of Digital Invoicing System in Urdu
Prime Minister Shehbaz Sharif on Monday stressed that Pakistan’s digital invoicing system must be introduced in Urdu to make it more inclusive and user-friendly for…
FBR Makes Property Value Declaration in Tax Returns Mandatory
The Federal Board of Revenue (FBR) has made property value declaration in tax returns compulsory for the tax year 2025, requiring taxpayers to report immovable…
Tax on Prize Bonds and Savings Profits Doubled for Non-Filers
New withholding tax rates have been implemented on tax on prize bonds and profits from National Savings Schemes, sharply raising rates for non-filers to encourage…
FBR Unveils Pakistan’s First AI Customs Clearance System
The Federal Board of Revenue (FBR) has officially launched its first AI customs clearance and risk management system on the directive of Prime Minister Shehbaz…
FBR Sales Tax Integration Now Mandatory for Service Providers
The Federal Board of Revenue (FBR) has announced that FBR sales tax integration will be mandatory for a wide range of service providers starting July…
FBR to Suspend Bank Accounts of Sales Tax Evaders on THIS Date
In a major policy shift, the Federal Board of Revenue (FBR) will have the authority to temporarily suspend bank accounts of unregistered sales tax evaders…
PM clarifies income tax rate for low-income salaried class, New Lower rate confirmed
ISLAMABAD: Prime Minister Shehbaz Sharif clarified on Wednesday that the income tax rate for salaried individuals earning between Rs600,000 and Rs1.2 million annually has been…