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Pakistan’s Textile Exports Slow Down in November 2025, Growth Stands at 2.73% in 5MFY26 The textile exports of Pakistan recorded a sharp slow down in November 2025; this had an effect on the growth rate of exports during the initial five months (July to November) of FY 2025-26, which stood at 2.73%, as revealed in […]

PRA Accelerates Its Shift Toward Full Digitalization LAHORE: The Punjab Revenue Authority (PRA) is advancing its digital transformation agenda as part of the provincial government’s broader push toward modern, technology-driven governance. During a meeting with Punjab Information Technology Board (PITB) Chairman Faisal Yousaf, PRA Chairman Moazzam Iqbal Sipra reviewed the progress of ongoing digital initiatives.

FBR Launches AI-Based Audit Drive to Review Tax Returns Nationwide The Federal Board of Revenue (FBR) has kicked off a nationwide audit using artificial intelligence (AI) to review more than seven million income tax returns. This major step aims to strengthen tax compliance and identify cases where declared income does not match financial activity. Who

Businesses Run the Risk of Being Sealed for Delayed Tax Payments as PRA Steps Up Enforcement Drive In Lahore: In a tougher stance on tax compliance, the Punjab Revenue Authority (PRA) has threatened to close business locations for unwarranted delays or nonpayment of taxes. The directive came during a high-level meeting chaired by Chairman Moazzam

Sales Tax Act – Experts Flag Ambiguities in New SRO on Tier-I Retailers Islamabad: Citing discrepancies and ambiguity in establishing the classification criteria for Tier-I retailers under the Sales Tax Act, 1990, tax experts have voiced grave concerns about the Federal Board of Revenue’s (FBR) recently issued S.R.O.2071(I)/2025. In a detailed letter to the Chairman

FBR Revenue Soars in 2025 — Collection Jumps Eight Times Due to Strong Enforcement and Reforms ISLAMABAD, 2025 — The Federal Board of Revenue said the eightfold increase in revenue collection for the fiscal year 2024–2025 was one of the largest increases in recent tax history. Officials attribute this huge leap to increased enforcement, better

Why PRA Is Seizing Sales Records from Restaurants and Event Halls LAHORE, November 2025 — The Punjab Revenue Authority (PRA) has stepped up its province-wide crackdown on tax evasion, carrying out surprise inspections and seizing sales records from several restaurants, cafés, and marquees in major cities including Lahore, Rawalpindi, Sargodha, Bahawalpur, and Vehari. Why the

FBR Plans to Make Online Tax Filing Mandatory for All Individuals ISLAMABAD, November 2025 — The Federal Board of Revenue (FBR) has proposed new amendments to make online (e-filing) of income tax returns and withholding statements mandatory for all individual taxpayers in Pakistan. The Proposal SRO 2070(I)/2025, a draft notification issued under Section 237(1) of

Government Plans Higher Taxes on ATM and Bank Withdrawals for Non-Filers ISLAMABAD, 2025 — The federal government is planning to impose higher taxes on ATM and bank withdrawals made by non-filers, as part of its ongoing strategy to boost tax revenue and narrow the growing fiscal gap. What’s Changing According to official sources, the government

Thousands of Taxpayers Declared “Inactive” — Despite Pending Extension Requests ISLAMABAD, November 2025 — The Federal Board of Revenue (FBR) is facing strong backlash after marking thousands of taxpayers as “inactive” on the very first day of November — even though many had officially applied for extensions before the October 31 deadline. Taxpayers Left Frustrated