FPCCI seeks 15-day extension for tax filing deadline amid portal issues and compliance delays
The Federation of Pakistan Chambers of Commerce and Industry has requested a 15-day extension of the tax filing deadline to address portal issues, documentation delays, and ERP integration challenges faced by taxpayers across Pakistan.
Over 10,500 Major Retailers Integrated into FBR’s POS System to Boost Transparency and Digital Taxation
The Federal Board of Revenue (FBR) has integrated 10,562 top-tier retailers into its Point of Sale (POS) system by September 2025, marking a major push toward documentation, digital taxation, and compliance among Tier-I retailers, including restaurants, textile, and leather businesses.
FBR Officials Accused of Pressuring Taxpayers to Pay Sales Tax Without Due Process
Serious allegations have surfaced against field officials of the Federal Board of Revenue (FBR) for allegedly coercing registered taxpayers into making upfront sales tax payments without adjudication proceedings, violating the Sales Tax Act and Supreme Court rulings.
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.
NIBAF Holds Training on Income Tax Laws and Filing Procedures for Banking Professionals
NIBAF Pakistan organized a one-day training program on income tax laws and filing procedures for officers from SBP and commercial banks, equipping them with practical insights into regulatory compliance and taxation frameworks.
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 Amends Banking Schedule to Streamline Taxable Income Reporting for Banks
The Federal Board of Revenue (FBR) has amended the banking schedule of the Income Tax Ordinance 2001 to align banking income with taxable income, introducing provisions on rental expenses, bad debts, and compliance requirements effective July 1, 2025.
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.