FBR has rebutted reports of a Rs.100 billion revenue loss under the Faceless Customs Assessment system, citing a 30% rise in revenue and stronger enforcement. A special committee has been formed to probe the leak of preliminary audit observations.
The Federal Board of Revenue has introduced new features in IRIS 2.0, including password recovery through registered mobile numbers and enhanced registration details, making tax compliance easier for citizens.
The Federal Board of Revenue has resolved a key glitch in the IRIS portal for salaried taxpayers. With the September 30, 2025 deadline approaching, experts warn against last-minute filing as internet slowdowns and system overloads are common in Pakistan. File early to stay safe from penalties.
The Federal Board of Revenue (FBR) has rolled out its transformation plan, targeting reforms in human resources, technology, and processes. Key initiatives include hiring 1,600 auditors, digital production monitoring in major sectors, AI-driven audits, and a taxpayer facilitation division at LTO Karachi. The reforms have already lifted the tax-to-GDP ratio to 10.24% and improved customs efficiency.
The Central Board of Revenue (CBR) Azad Jammu & Kashmir has launched dedicated facilitation services to help individuals and businesses file income tax returns on time. A Tax Facilitation Centre at Block-E, New PM Secretariat Muzaffarabad, along with helplines (05822-920754, 0341-8974400, 0333-3787818), is now assisting taxpayers with return filing, wealth reconciliation, and compliance issues. Authorities have urged citizens to submit returns before the deadline to avoid penalties, surcharges, and non-filer consequences.
The government is considering fresh taxes in Islamabad to cover operational costs of the Rs. 212 billion Jinnah Medical Complex. Proposed levies may target junk food, cigarettes, and other unhealthy products, as the CDA begins work on the capital’s largest healthcare and research facility.
Despite IMF-backed legislation aligning agricultural income tax with federal rates, Pakistan’s provinces have set unrealistically low revenue targets. Small farmers earning under Rs. 600,000 remain exempt, while higher earners face 5%–25% tax, and agri-corporates are taxed at 29%. Payments can be made via provincial portals, banks, and online systems, yet collection remains far below potential.
The Lahore Tax Bar Association (LTBA) has flagged major flaws in FBR’s IRIS 2.0, warning taxpayers of faulty computations and legal misapplications. With shortened filing deadlines and persistent glitches, experts advise taxpayers not to calculate manually or rely blindly on system figures—independent verification is essential before submitting 2025 tax returns.
The Regional Tax Office-II (RTO-II) Karachi achieved a record Rs107 billion in salary tax collection during FY 2024, reflecting 43% growth from last year. Private sector employees contributed the largest share, while federal and provincial government salary taxes also rose significantly, highlighting Karachi’s role as a key revenue hub.
The Federal Board of Revenue (FBR) has begun strict enforcement of digital invoicing from September 1, 2025, imposing a Rs 500,000 penalty on non-compliant businesses. Repeat violations may attract fines of up to Rs 3 million, while invoices issued outside the system will be considered illegal and ineligible for input tax credit.