Punjab Revenue Authority achieves record Rs41 billion tax collection in February
Punjab Revenue Authority posts highest-ever February tax collection of over Rs41 billion, marking a 75% year-on-year increase, reflecting strengthened provincial revenue mobilization.
FBR Records Highest-Ever December Tax Collection as Finance Minister Calls for Wider Tax Net
Finance Minister Muhammad Aurangzeb has urged the FBR to intensify tax enforcement and broaden the tax base after Pakistan recorded its highest-ever December tax collection, reflecting progress in fiscal reforms and compliance measures.
FBR Corporate Tax Office Lahore Recovers Rs2.646 Billion in Major Enforcement Drive
The Federal Board of Revenue announces recovery of Rs2.646 billion in outstanding income tax by Corporate Tax Office Lahore, highlighting strengthened enforcement measures and Pakistan’s broader push to improve tax compliance and revenue collection.
FBR lauds digitalization efforts for modernizing Pakistan’s tax system
The Federal Board of Revenue (FBR) has highlighted major gains from digitalizing Pakistan’s tax administration, including improved taxpayer services, automated risk management, Track & Trace implementation, and a modernized digital infrastructure for efficient compliance and monitoring.
IMF Expected to Approve $1.2bn Disbursement for Pakistan by Early December, Says Finance Minister Aurangzeb
Pakistan is likely to secure a $1.2bn IMF tranche by early December 2025, according to Finance Minister Muhammad Aurangzeb, following a successful staff-level agreement and progress on economic reforms and digital tax monitoring.
FBR Introduces E-Invoice Integration and Stricter Rules to Curb Fake Tax Invoices
The Federal Board of Revenue has amended the Sales Tax Rules 2006, introducing mandatory e-invoice integration and empowering commissioners to suspend registrations over fake invoices, aiming to boost transparency and compliance.
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.
Parliament Rejects Proposal to Expand FBR’s Surveillance Powers at Industrial Sites
Parliamentary committees have blocked controversial proposals in the Finance Bill 2025-26 that aimed to empower FBR with intrusive surveillance powers at factories. The move sparked debate on privacy, abuse of authority, and business environment implications while other fiscal reforms were approved.