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FBR Powers Focus on Sales Tax Fraud Only

15-Jul-2025
Karachi, July 15, 2025, 05:07 PM PKT — Finance Minister Muhammad Aurangzeb on Monday delivered a forceful defense, asserting that the Federal Board of Revenue (FBR)’s expanded enforcement powers, ...
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FBR Powers Focus on Sales Tax Fraud Only

IMF Criticizes Pakistan’s Sugar Tax Waiver Move

15-Jul-2025
Islamabad, July 15, 2025, 04:44 PM PKT — The International Monetary Fund (IMF) has voiced sharp concerns over Pakistan’s decision to waive taxes on importing 500,000 metric tonnes of sugar, labeli...
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IMF Criticizes Pakistan’s Sugar Tax Waiver Move

SC Rules Against Instant Tax Recovery Demands

15-Jul-2025
Islamabad, July 15, 2025, 04:23 PM PKT — The Supreme Court has delivered a landmark ruling, declaring that Section 140 of the Tax Ordinance, 2001, does not allow immediate coercive recovery without ...
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SC Rules Against Instant Tax Recovery Demands

FBR to Suspend Non-Compliant Terminal Operators

14-Jul-2025
Islamabad, July 14, 2025, 07:38 PM PKT — The Federal Board of Revenue (FBR) has issued a stern warning, announcing the suspension or cancellation of terminal operators’ registration at sea ports, ...
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FBR to Suspend Non-Compliant Terminal Operators

FBR to Adjust Input Tax Limits from July 1

14-Jul-2025
Islamabad, July 14, 2025, 07:23 PM PKT — The Federal Board of Revenue (FBR) is set to roll out a transformative adjustment of input tax limits for registered taxpayers starting July 1, 2025, leverag...
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FBR to Adjust Input Tax Limits from July 1

FBR Mandates Fair Market Value in Tax Returns

14-Jul-2025
Islamabad, July 14, 2025, 07:04 PM PKT — The Federal Board of Revenue (FBR) has imposed a contentious new mandate in the proposed income tax return form for individuals, effective July 1, 2025, requ...
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FBR Mandates Fair Market Value in Tax Returns
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