FBR Dismisses Inland Revenue Officer Over Mishandling of Rs238.4 Billion Tax Fraud Probe
The Federal Board of Revenue (FBR) has dismissed an Inland Revenue officer for mishandling a Rs238.4 billion tax fraud case involving M/s New Metro Footwear Co. and others. The officer was found negligent in conducting the investigation, prompting his removal after a detailed disciplinary inquiry.
FBR Plans Record-High Rewards to Empower Whistleblowers Against Tax Evasion
The Federal Board of Revenue is drafting new rules to dramatically increase whistleblower rewards, potentially up to Rs150 million, in a bid to uncover Pakistan’s vast shadow economy and expose tax dodgers.
FBR De-seals Saeed Book Bank in Islamabad After POS System Dispute
The Federal Board of Revenue (FBR) has de-sealed Islamabad’s largest bookstore, Saeed Book Bank, after a dispute over POS system integration. The incident highlights the challenges faced by traditional businesses amid Pakistan’s evolving digital tax compliance framework.
FBR Faces Rs1.1 Trillion Shortfall in Final Weeks of Quarter as IMF Pressure Mounts
The Federal Board of Revenue (FBR) must raise Rs1.1 trillion in just two weeks to meet its quarterly revenue target, amid growing pressure from the International Monetary Fund (IMF) and concerns about missed growth projections.
FBR Launches Phone Call Campaign to Guide Taxpayers on Filing Returns
FBR has launched a taxpayer awareness campaign through official phone calls, guiding citizens on filing income tax returns and introducing its new online portal.
FBR Releases Finalized 2025 Tax Return Forms After Weeks of Delay
The Federal Board of Revenue (FBR) has issued the finalized income tax return forms for the tax year 2025, following weeks of uncertainty. While the new forms aim to simplify filing, experts urge clarity on returns filed during the draft phase and call for a possible deadline extension.
FBR Hits Rs. 748 Billion Tax Collection Target in July 2025, Kickstarting FY26 on Strong Note
FBR achieves its Rs. 748 billion tax collection target for July 2025, driven by structural reforms, new budget measures, and improved enforcement, setting the tone for FY26’s ambitious revenue goals.
FBR Rolls Out 25-Page “Simplified” E-Filing Tax Form for 2025, Invites Feedback on New Rules
Pakistan’s Federal Board of Revenue has introduced a draft 25-page electronic income tax return form for individuals and companies for tax year 2025, inviting public feedback before finalizing the new compliance framework.