Tue, 21-Oct-2025

FBR cracks down on lavish lifestyle display and tax evasion through social media

FBR cracks down on lavish lifestyle display and tax evasion through social media.

Islamabad; The Federal Board of Revenue (FBR) has launched a rigorous crackdown targeting individuals flaunting extravagant lifestyles on social media platforms while reporting disproportionately low taxable incomes. In a concerted effort to curb tax evasion, FBR officials have begun closely monitoring more than 100,000 social media accounts nationwide. The move aims to identify those whose … Read more

FBR detects over 20 tax dodgers living lavish lifestyles on social media

FBR detects

ISLAMABAD: The Federal Board of Revenue’s (FBR) Lifestyle Monitoring Cell has identified more than 20 individuals who own luxury assets worth millions of rupees, frequently travel abroad, and showcase lavish lifestyles on social media — yet declare little to no income or assets in their tax returns. According to official details, one of the flagged … Read more

FBR suspends Afghan Transit Trade transportation from Karachi ports

KARACHI: The Federal Board of Revenue (FBR) has ordered the suspension of Afghan Transit Trade transportation from Karachi ports until further notice. The decision was made during an important meeting held at the Directorate of Transit Trade Headquarters, Customs House Karachi, chaired by the Director General of Afghan Transit Trade. Directors of Afghan Transit Quetta … Read more

FBR extends income tax return filing deadline to Oct 15

FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the deadline for filing income tax returns until October 15, 2025, providing relief to taxpayers across the country. According to the FBR, the extension has been granted following requests from trade organizations, tax bar associations, and the general public, who had sought additional time to complete … Read more

FBR refuses to extend income tax return filing deadline

FBR

ISLAMABAD:  The Federal Board of Revenue (FBR) has categorically ruled out any extension in the deadline for filing income tax returns for the tax year 2025, stating that September 30, 2025, remains the final date for submission. In an official clarification issued on Monday, the FBR dismissed reports of a possible extension as “baseless and … Read more

Council of Islamic ideology declares bank transaction tax Un-Islamic

Council of Islamic ideology declares bank transaction tax Un-Islamic

ISLAMABAD: The Council of Islamic Ideology (CII) has declared that withholding tax on bank withdrawals and transfers is un-Islamic, describing it as an unfair burden. The council has urged the government to immediately review this policy in light of Islamic principles, the News reported. The announcement came during a meeting chaired by Allama Dr. Raghib … Read more

FBR collects data of over 60,000 jewelers to tighten tax net

FBR

LAHORE: The Federal Board of Revenue (FBR) has compiled data of more than 60,000 jewelers as part of its drive to bring the sector under stricter tax compliance. Sources revealed that out of the 60,000 jewelers identified, only 21,000 are registered with the FBR. Among these, just 10,524 have filed their tax returns. According to … Read more

FBR moves against online display of wealth

FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to take action against individuals flaunting wealth on social media. According to sources, data of hundreds of thousands of people displaying their wealth online has been collected. In the first phase, FBR will audit 100,000 affluent individuals. Sources further revealed that non-filers who spend extravagantly on … Read more

PM Shehbaz calls for business-friendly reforms, wider tax net

PM Shehbaz

ISLAMABAD: Prime Minister Shehbaz Sharif has instructed the Federal Board of Revenue (FBR) to strengthen efforts against tax evasion by leveraging both its workforce and private sector expertise. Chairing a meeting on FBR reforms, the prime minister stressed the need to create a business-friendly environment and provide maximum facilitation to taxpayers. He termed regular taxpayers … Read more

FBR gains access to citizens Internet and Call records

FBR gains access to citizens Internet and Call records

The Federal Board of Revenue (FBR) can now access people’s internet activity and phone call records when investigating tax fraud. Internet service providers, telecom companies, and the Pakistan Telecommunication Authority (PTA) must share customer details whenever the FBR asks. Tax commissioners can request subscriber names, call logs, internet usage data, and even import or export … Read more

Government reveals plan to cut Auto Sector Tariffs

Government reveals plan to cut Auto Sector Tariffs

ISLAMABAD: Commerce Minister Jam Kamal Khan has announced a five-year plan to gradually reduce tariffs in the auto sector, aiming to strengthen Pakistan’s automotive industry and boost exports. The move comes after a recent cut in US tariffs, creating fresh opportunities for Pakistani auto exports. The minister told major auto industry stakeholders at a Wednesday … Read more

Internet and Telecom companies required to share user data with FBR

Internet and Telecom companies required to share user data with FBR

ISLAMABAD: The Federal Board of Revenue (FBR) is preparing for a major crackdown on tax evasion and fraud, according to News sources. Under new legal powers, the FBR can now obtain information directly from internet service providers, telecom companies, and the Pakistan Telecommunication Authority (PTA) whenever needed for tax investigations. This means the FBR will … Read more

Bilawal Bhutto urges federal govt to announce new NFC award

Bilawal Bhutto

HYDERABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto has urged the federal government to issue a new National Finance Commission (NFC) Award. Speaking to the media in Hyderabad, Bilawal said he was witnessing the city’s rapid development for the first time, with various projects, including the Ring Road, underway. He added that Hyderabad should also … Read more

Prime Minister expresses satisfaction over “Gallup Business Confidence Index Report”

Prime Minister expresses satisfaction over “Gallup Business Confidence Index Report”

Prime Minister Shehbaz Sharif has expressed satisfaction over Gallup Pakistan’s latest Business Confidence Index, calling it a positive sign of economic stability. The survey shows that business confidence in Pakistan has reached its highest level in four years. Compared to the last quarter of 2024, the country’s economic direction score has improved to -2 — … Read more

FBR clarifies: Only fake invoice cases will lead to arrests

FBR clarifies: Only fake invoice cases will lead to arrests

There’s good news for Pakistan’s business community. The Federal Board of Revenue (FBR) has officially announced that arrests in sales tax cases will only happen in cases involving fake or flying invoices. This important update came through a special FBR circular, putting to rest growing concerns from business owners who felt they were being unfairly … Read more

PM orders removal of institutional barriers to enforce FBR reforms

PM

ISLAMABAD: Prime Minister Shehbaz Sharif has instructed authorities to remove bureaucratic red tape and institutional obstacles to ensure the permanent enforcement of reforms within the Federal Board of Revenue (FBR). During a meeting on FBR-related matters, the prime minister expressed satisfaction with the rise in the tax-to-GDP ratio, attributing the improvement to the federal government’s … Read more

FBR makes E-Invoicing mandatory for all Sales Tax registered businesses

FBR makes E-Invoicing mandatory for all Sales Tax registered businesses

Starting August 1, the Federal Board of Revenue (FBR) will require every sales-tax-registered business to issue electronic invoices. This change is rolling out in phases to make Pakistan’s tax system more transparent and reliable. Under the official notification (SRO 1413), all companies must link their billing software or hardware to the FBR’s central e-invoicing platform. … Read more

FBR exceeds revenue target by Rs6.4b in July 2025

FBR Tax Filing Deadline Update – 30 September 2025

ISLAMABAD: The Federal Board of Revenue (FBR) has surpassed its revenue collection target for the first month of the current fiscal year by Rs6.4 billion. According to official data, FBR collected Rs754.4 billion in July 2025 against a target of Rs748 billion, achieving 100.9% of the monthly goal. The report highlights that the highest contribution … Read more

No More 5% Tax: FBR eases rules on foreign digital supplies

No More 5% Tax: FBR eases rules on foreign digital supplies

In a move that caught many by surprise, the Federal Board of Revenue (FBR) has officially suspended the 5% Digital Presence Proceeds Tax on foreign-supplied digital goods and services, effective July 1, 2025. Through notification S.R.O. 1366(I)/2025, the FBR announced that “digitally ordered goods and services supplied from outside Pakistan” will no longer be subject to … Read more

FBR slaps Rs111b fines on fake solar panel firms

FBR

ISLAMABAD: In a major crackdown, the Federal Board of Revenue (FBR) has imposed fines totaling Rs111 billion on 13 fake import companies involved in large-scale money laundering under the guise of solar panel imports. The action follows an in-depth investigation led by the Director of Customs Post Clearance Audit, which revealed that these companies were … Read more

PM approves formation of global-standard digital ecosystem in FBR

PM

ISLAMABAD: Prime Minister Shehbaz Sharif has approved the establishment of a modern and internationally standardized digital ecosystem within the Federal Board of Revenue (FBR). During a meeting to review progress on the ongoing reforms in the FBR, the prime minister observed that the economy was moving in a positive direction due to the recent reforms … Read more

PM calls for comprehensive overhaul of FBR’s Digital Wing

PM

ISLAMABAD: Prime Minister Shehbaz Sharif directed the Federal Board of Revenue (FBR) to develop a comprehensive plan for the restructuring of its Digital Wing and set clear timelines for achieving its objectives. He presided over a high-level review meeting on reforms within the Federal Board of Revenue (FBR) and expressed satisfaction over the ongoing efforts … Read more

FBR gives Google a Break: No 5% Tax on digital revenue

FBR gives Google a Break: No 5% Tax on digital revenue

ISLAMABAD: The Government of Pakistan has assured Google exemption from the newly introduced 5% digital tax, even after enacting the Digital Presence Proceeds Act 2025. The Federal Board of Revenue (FBR) officially conveyed this assurance to Kyle Gardner, Google’s South Asia government affairs representative. The government passed the Digital Presence Proceeds Act in June 2025 … Read more

FBR imposes NEV adoption Levy on traditional vehicles, see details inside

FBR imposes NEV adoption Levy on traditional vehicles, see details inside

The Federal Board of Revenue (FBR) has officially imposed the NEV adoption levy on internal combustion engine (ICE) vehicles, aiming to promote energy-efficient and electric alternatives by reducing reliance on conventional fuel-powered transport. The government issued the notification after announcing its comprehensive New Energy Vehicle (NEV) Policy for 2025–30, which targets a transformative shift in … Read more

FBR introduces new fees slabs for property buyers and sellers- July 2025

FBR introduces new fees slabs for property buyers and sellers- July 2025

The Federal Board of Revenue (FBR) has introduced a revised tax structure for property transactions in the current fiscal year, significantly increasing the withholding tax rates on sellers compared to buyers, reports have claimed. New Slabs People who are registered as tax filers now have to pay a minimum withholding tax of 4.5 percent when … Read more

FBR to launch Urdu digital invoicing system on PM’s orders

FBR to launch Urdu digital invoicing system on PM’s orders

Prime Minister Shehbaz Sharif emphasized on Monday that the government must introduce Pakistan’s digital invoicing system in Urdu to make it more inclusive and user-friendly for all citizens. Chairing a weekly review session in Islamabad, Prime Minister Shehbaz Sharif reviewed the progress of FBR’s digitization drive. He assessed key initiatives including the digital invoicing system, … Read more

FBR introduces Pakistan’s first AI based custom clearance

FBR

ISLAMABAD: Federal Board of Revenue (FBR), under the direction of Prime Minister Muhammad Shehbaz Sharif, has for the first time in Pakistan’s history introduced the Artificial Intelligence based Custom Clearance and Risk Management System (RMS). During a meeting chaired by the prime minister held here to review the ongoing reforms measures by the FBR, it … Read more

Overseas Pakistanis can now register mobiles for free, Says FBR

Overseas Pakistanis can now register mobiles for free, Says FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced a tax-free mobile registration facility for overseas Pakistanis, allowing them a 120-day exemption during each visit to their home country. “Overseas Pakistanis can avail FBR tax-free mobile registration facility for 120 days per each visit under the Federal Board of Revenue (FBR) policy,” the FBR said … Read more