Tax

FBR Hikes Islamabad Property Valuations by 75%; DHA Values Retained

FBR Hikes Islamabad Property Valuations by 75%; DHA Values Retained The Federal Board of Revenue (FBR) recently introduced a significant update to real estate taxes in the federal capital. Through the newly issued SRO. 163(I)/2026, the authority has increased Islamabad property valuation rates by 15% to 75%. Interestingly, the FBR decided to exclude the Defence […]

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FBR Targets 73,000 Doctors Over Massive Tax Non-Compliance

FBR Targets 73,000 Doctors Over Massive Tax Non-Compliance Pakistan’s Federal Board of Revenue (FBR) has initiated a major enforcement campaign targeting medical practitioners, following alarming data revealing severe tax non-compliance within the profession. With over 73,000 registered doctors failing to file tax returns—despite operating in one of the country’s highest-earning fields—the FBR aims to address what officials call a

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FBR IRIS 3.0: Digital Platform for Simplified Tax Returns

Pakistan’s Digital Tax Leap: FBR Unveils IRIS 3.0 for Seamless Tax Filing The Federal Board of Revenue (FBR) is taking a monumental step towards modernizing Pakistan’s tax landscape with the upcoming launch of IRIS 3.0, its next-generation digital platform! This reform is set to revolutionize tax compliance for all citizens and businesses. The major announcement

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Deadline for Filing of Income Tax Returns Extended till October 31, 2025

The Federal Board of Revenue (FBR) has granted a crucial extension for the filing of Income Tax Returns for Tax Year 2025. The new deadline is now October 31, 2025, under Section 214A of the Income Tax Ordinance, 2001. This decision provides individuals and businesses extra time for tax compliance. File your return via the IRIS portal before the final deadline!

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FBR Extends Income Tax Return Filing Deadline till October 15, 2025!

FBR Extends Income Tax Return Filing Deadline till October 15, 2025! The Federal Board of Revenue (FBR) has officially extended the deadline for filing Income Tax Returns for Tax Year 2025 till October 15, 2025. This extension has been granted under Section 214A of the Income Tax Ordinance, 2001, following strong requests from trade bodies,

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