The Federal Board of Revenue (FBR) recorded a 138% jump in tax collection from internet services during FY2024–25, reaching Rs9.26 billion. The surge reflects Pakistan’s rapid digital adoption, rising smartphone use, and expanding broadband connectivity driving new revenue growth.
The Federal Board of Revenue (FBR) has reaffirmed that October 15 will be the final deadline for filing income tax returns for tax year 2025. Officials have ruled out another extension, emphasizing the importance of timely compliance. Taxpayers who miss the deadline risk losing their Active Taxpayer status, paying higher tax rates, and facing additional charges.
FBR has proposed amendments to make civil servants’ asset declarations publicly available, covering Grade 17–22 officers, to strengthen transparency and align Pakistan’s governance with IMF-recommended standards.
The FBR collected Rs2.02 billion in withholding tax from weddings in FY25—a 19% rise driven by stricter enforcement and higher wedding spending across major cities.
More than 1.44 million women appeared on Pakistan’s Active Taxpayers List for 2024, reflecting rising female engagement in business and tax compliance, FBR data shows.
The Federal Board of Revenue’s RTO-II Karachi saw a significant surge in income tax collection from Sindh government employees, raising Rs17.32 billion in FY25.
The Federal Board of Revenue (FBR) has reported a 7% annual decline in withholding tax collection on cash withdrawals, attributing the dip to rising digital payment usage and evolving withdrawal behaviors among non-filers. The trend poses new challenges for expanding the tax base and ensuring compliance.
Taxpayers have noticed delays in Real-Time Assessment (RTA) for 2025. Unlike 2024’s instant RTA, FBR has now implemented batch processing. Returns are verified through CPR, withholding, and wealth statements before RTA is issued, usually within 10–15 days. This change aims to reduce errors and unnecessary notices.
The Federal Board of Revenue (FBR) has extended the income tax return filing deadline for Tax Year 2024-25 by 15 days, until October 15, 2025. The move follows persistent IRIS system failures and mounting pressure from tax consultants and bar councils, despite FBR’s earlier refusal to grant any extension.
In a shocking move, FBR has removed the MIS – Payments Details tab on 29th September, leaving taxpayers and consultants struggling. With constant last-minute updates, unapproved changes, and unstable return forms, FBR’s approach raises serious concerns about accountability and its impact on tax compliance.