FBR rolls out key tax amendments under Finance Act 2025

News Image

MG News | August 04, 2025 at 09:51 AM GMT+05:00

0:00

August 04, 2025 (MLN): The Federal Board of Revenue (FBR) has officially launched a phased rollout of electronic invoicing (e-invoicing) for registered persons under the Sales Tax Act, 1990.

The notification outlines mandatory registration, testing, and issuance dates for various taxpayer categories, aiming to digitize documentation and enhance tax transparency.

Rollout Schedule Overview:

CategoryRegistration DeadlineTesting PhaseE-Invoicing Start Date
All Public Companies10 Aug 202525 Aug 20251 Sep 2025
Companies with >Rs1bn Turnover (excl. public)10 Aug 202525 Aug 20251 Sep 2025
Importers10 Aug 202525 Aug 20251 Sep 2025
Companies with Rs100mn–Rs1bn Turnover10 Sep 202530 Sep 20251 Oct 2025
Companies with 10 Oct 202530 Oct 20251 Nov 2025
Individuals & AOPs with >Rs100mn Turnover10 Sep 202530 Sep 20251 Oct 2025
Others10 Nov 202530 Nov 20251 Dec 2025


This initiative is expected to streamline sales documentation, prevent tax evasion, and foster a paperless compliance environment. 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 162,803.16
353.00M
0.72%
1171.42
ALLSHR 98,852.42
947.86M
0.61%
597.68
KSE30 49,497.35
204.97M
0.24%
120.05
KMI30 234,519.02
114.11M
0.78%
1818.74
KMIALLSHR 64,510.15
338.03M
0.52%
330.55
BKTi 45,699.73
99.84M
-1.37%
-634.44
OGTi 31,506.29
9.79M
0.46%
143.56
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,050.00 111,290.00
105,755.00
-2270.00
-2.06%
BRENT CRUDE 65.01 65.32
64.33
0.24
0.37%
RICHARDS BAY COAL MONTHLY 86.00 0.00
0.00
0.00
0.00%
ROTTERDAM COAL MONTHLY 96.80 98.00
95.70
0.10
0.10%
USD RBD PALM OLEIN 1,082.50 1,082.50
1,082.50
0.00
0.00%
CRUDE OIL - WTI 61.21 61.50
60.51
0.23
0.38%
SUGAR #11 WORLD 14.68 14.73
14.36
0.25
1.73%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg