Punjab Revenue Authority Posts 35% Revenue Growth in First Half of FY
The Punjab Revenue Authority (PRA) has reported a significant boost in its revenue performance, registering a 35 percent year-on-year increase during the first six months of the ongoing financial year. The strong growth points to the effectiveness of recent administrative reforms and tighter tax enforcement across the province. Revenue Performance Shows Clear Upward Trend Between […]
Digital Transformation at the Heart of FBR’s Reform Vision
Pakistan’s tax system is undergoing a significant shift, and digitalization is at the center of this transformation. Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has reiterated that technology-driven reforms are no longer optional but essential for building an efficient, transparent, and accountable tax administration. Speaking during a briefing session at the FBR headquarters […]
FBR Responds to Online Claims Over Exporters’ Tax Reviews
Recent discussions on social media have raised concerns among exporters after a letter attributed to the Federal Board of Revenue (FBR) suggested that income tax returns of exporters would be examined to impose additional taxes. In response, the FBR has issued a formal clarification, stating that such interpretations are incorrect and based on misinformation. The […]
FBR Keeps Offices Open to Help Taxpayers Meet Year-End Deadlines
As the year draws to a close, the Federal Board of Revenue (FBR) has taken an important step to support taxpayers and ensure smooth revenue collection. To accommodate the rush typically seen at the end of December, the FBR has decided to keep its offices open beyond regular schedules. According to an official notification, the […]
Federal Tax Ombudsman Shuts Six Regional Offices in Organizational Overhaul
The Federal Tax Ombudsman (FTO) has taken a significant step toward administrative reorganization by closing six of its regional offices across Pakistan. The decision is part of an internal restructuring plan aimed at improving efficiency and reducing operational overlap. Officials have confirmed that the regional offices in Mianwali, Sargodha, Gujranwala, Hyderabad, Sukkur, and Abbottabad are […]
Exemption for Properties Under Rs. 50 Lakhs
Exemption for Properties Under Rs. 50 Lakhs Under the new policy, properties and plots valued below Rs. 50 lakhs as per the District Collector rates are completely exempt from property tax. Whether you own a modest 10-marla house or a one-kanal plot, if its assessed value falls below the threshold, you won’t have to pay […]