FBR announces 30th & 31st August 2025 as normal working days. Refund filing for Tax Year 2025 is now open. ATL updated in real-time without fines – a big relief for taxpayers.
The Federal Board of Revenue (FBR) has announced a large-scale tax operation targeting Pakistan’s sugar industry, aiming to curb potential […]
The Federal Board of Revenue (FBR) has formed a special committee to resolve tax disputes faced by foreign investors in Pakistan. The committee will meet regularly to address issues related to tax laws, refunds, and withholding adjustments, aiming to improve investor confidence and streamline communication with tax authorities.
FBR is hiring 102 sector experts to audit 42 key industries, including automotive, textile, and banking. The initiative, starting with 14 priority sectors, aims to boost tax compliance and revenue through specialized field audits.
The FBR has kicked off a major tax scrutiny campaign, targeting 14 key sectors including auto, textile, telecom, real estate, and sugar. With 100 sector experts and 58 audit monitors to be hired, the move aims to tighten compliance and boost revenue collection.
The Federal Board of Revenue (FBR) exceeded its July tax target, collecting over Rs754B. This achievement has instilled government confidence for the full fiscal year, fueled by ongoing reforms and a push for greater coordination between federal and provincial authorities.
FBR Circular 02 details Finance Act 2025 changes: real-time e-invoicing, risk-based sales tax return revisions, new expert appointments for audits, enhanced data access from telcos for fraud cases, and refined input tax adjustments. A major shift to digital, risk-managed tax enforcement.
FBR’s new measures to capture e-commerce taxes. Couriers, payment intermediaries, and online marketplaces are now withholding agents. The definition of ‘courier’ and ‘e-commerce’ has been inserted to tax digitally ordered goods.
Pakistan’s “Digital Presence Proceeds Tax Act, 2025” and its immediate exemption highlight a policy paradox. Initially a 5% tax on foreign digital services, the law was quickly nullified by an SRO, showing the complex interplay between fiscal needs and international pressure.
The FBR has issued SRO. 1413(I)/2025, mandating a phased integration of Point-of-Sale (POS) systems for various businesses by specific deadlines. This move aims to increase tax transparency, broaden the tax base, and combat tax evasion through digitalization.