ISLAMABAD: The Federal Board of Revenue (FBR) has announced that all its field offices across the country will operate on Sunday, June 29, 2025. This special arrangement aims to facilitate taxpayers and ensure that all outstanding dues are processed before the financial year concludes.
According to an official notification issued on Monday, Chief Commissioners of Inland Revenue from Large Taxpayers Offices (LTOs), Medium Taxpayers Office (MTO), Corporate Tax Offices (CTOs), and Regional Tax Offices (RTOs) have been directed to observe normal working hours on Sunday. Furthermore, all tax offices will remain open until midnight on Monday, June 30, 2025, to accommodate last-minute payments.
Streamlining Payment Processes
To ensure the timely recording of all payments, the FBR has instructed its field officers to maintain close coordination with the State Bank of Pakistan (SBP) and designated branches of the National Bank of Pakistan (NBP). The objective is to ensure that all tax collections made on June 29 and 30 are promptly transferred to the SBP’s accounts on the same date, thereby ensuring their inclusion in the closing accounts for FY2024-25.
Facing a Formidable Challenge
This intensified effort comes as the FBR faces significant pressure to meet its revised tax collection target for the current fiscal year. The target was initially set at Rs. 12.97 trillion but was later lowered to Rs. 11.90 trillion. However, even with this downward revision, FBR insiders admit that achieving the reduced target remains a formidable challenge.
Sources within the revenue authority acknowledge that a shortfall is likely but emphasize that every possible measure is being taken to bring the final collection figure as close as possible to the target. The decision to open tax offices on Sunday is part of broader contingency plans designed to enhance tax compliance and conclude the fiscal year with a stronger revenue performance.
With only a few days left until the end of the fiscal year, the FBR’s tax machinery is under immense pressure to demonstrate its effectiveness in securing crucial revenue for the national exchequer.
