I.   KC Recommendations

1.  In view of the matters in para II & III, we recommend taking care of all FBR SMS as well as Proper Disclosure seriously. The Recipient is taxpayer or not, he should immediately contact Tax Advisor OR Our Learned Team Members on Mobile & Whatsapp Mr Ali 0335 6777 786 and Only WhatsApp Mr Sirhan 0333 2288 382 OR Mr Amsal via Email at amsal@786tax.com with the following information in SMS; and even Otherwise Complete details of 1.7.24 to 30.6.25.

(a)   Debit & Credit Card payment details

(b)   Bank Statements of all the Bank Accounts

(c)   Property purchases & sales

(d)   Vehicles purchases & sales ⁠

(e)  Current Property / Property details

(f)   Current Vehicle/s ⁠details

(g)  Other relevant Information

2.   These above are necessary to avoid major Income Tax & Sales Tax Notices, Orders, Demand Notices, Recovery Notices and Bank Account Freezing.

3.  Also see matters in para IV & V below for your Team Development and every next day will be difficult for Non-Filers (who may be your Non-Tax Team)

II.   Background (BG)

1.   This refers to the related Important QCs in trail, blue, italic and double Line (a) TLQC3294 of 3.10.25 about Save Bank Account/s Freezing of All Employees, Friends (b) TLQC3293 of 1.10.25 about ITR TY 2025: Deadline extended to 15.10.25 as predicted and KC Views & Recommendations (c) TLQC 3291 of 30.9.25 about IT Return TY 2025: FBR likely to extend deadline, ISA

2.  We also refer to several Other QCs including (a) TLQC2439 of 1.8.23 about Debit & Credit Cards Advance Tax - 8 Matters FA Video (b) BFIC 142 of 19.2.22 about TAIF Free Webinar on Shariah Standard about Payment Cards

III.   Updated Commentary

A.  Bad news for credit card users in Pakistan - Check FBR's update (KC: Attachment 3303.1)

Further to KQU 3587 of 6.10.25, being an important matter, we would inform you about Samaa TV titled  Bad news for credit card users in Pakistan - Check FBR's update* (Attachment 3303.1) in the ensuing paragraph, in Italic with emphasis in bold & Underline, heading ours for quick reading and para matter in brackets and Italic also owns for better understanding.

2.  The FBR has tightened its grip on non-filers who use credit (KC: Debit Cards as well as own views) cards for shopping, as over two lakh individuals have been identified making monthly transactions through their cards.

3.  Sources confirmed that the FBR has started collecting detailed records of credit card transactions to assess the real income of non-filers. Commercial banks across the country have begun sharing data of credit card users with the tax authority.

4.  Officials said the move aims to ensure transparency and hold accountable those who continue to evade taxes despite significant spending patterns.

5.  According to sources, individuals filing income tax returns will now be required to include details of all their shopping made through credit cards. The step is part of a broader effort to verify declared incomes against actual spending habits.

6.  The FBR has emphasized that taxpayers should file their income tax returns honestly by 15.10.25, warning that the extended deadline will not be prolonged further.

7.  Sources added that notices will be sent to individuals who spend large sums through credit cards but fail to file their returns. Authorities will also take action against those conducting online business transactions or making large digital payments after the deadline.

B.  Credit Card Users Spending over Rs 200,000 Now under FBR Radar (KC: Attachment 3303.2 & has deleted duplicate part)

1.  Credit card users (KC: Debit Card users too) making heavy purchases are now under the radar of the FBR. The tax authority has begun collecting records of credit card transactions, tightening its focus on non-filers.

2.  According to officials, individuals spending more than Rs 200,000 a month through credit cards will have to explain their expenses. Commercial banks have started sharing customer data with the FBR, while taxpayers have been instructed to declare details of their card-based shopping in income tax returns.

3.  The FBR has directed all filers to submit their returns by October 15 deadline will not be moved further. To pressurize tax defaulters, the authority has also started sending SMS reminders.

4.   Officials said that credit card spending will help them trace the real income of non-filers. After the deadline, strict action will be initiated against those running businesses or making large online payments without filing returns.

5.  Notices will also be issued to people spending millions through cards but failing to declare their income.

6.  In a parallel development, the FBR has started sending SMS alerts to tax defaulters, reminding them of the approaching deadline. Officials noted that those who fail to submit accurate details or ignore tax obligations may face legal action.

They clarified that credit card spending will now be used to assess a person’s actual financial capacity and spending behavior. FBR officials stressed the importance of providing accurate information regarding all bank transactions in income tax returns.

C.    Credit Card Data Mandatory in Tax Returns (KC: Attachment 7161 .3 & has deleted duplicate part)

1.   The FBR has intensified its monitoring of non-filers who use credit cards for regular shopping and high-value transactions.

2.    The move aims to ensure financial transparency and bring habitual tax evaders into the formal tax system through better data integration.

3.   Sources said that income tax filers will now be required to disclose all shopping and payments made through credit cards in their annual returns.

4.  The measure is part of a broader effort by the FBR to compare declared incomes with actual spending habits and detect underreporting.

5.   The FBR has urged taxpayers to file their returns honestly before the October 15 deadline, warning that no further extension will be granted.

6.   It also emphasized that all declared information will be cross-verified with banking and transaction data to prevent misreporting.

7.   In another development, FBR has begun sending SMS alerts and notices to tax defaulters (KC: Notice has not been for TY 2025 but earlier years), reminding them of their obligations.

8.  Officials said that individuals who make large digital or credit card transactions but fail to file returns may face strict legal consequences.

IV.  Your Entity Tax Team Development to take care of future expected Notices for 40% Budget increase

For Tax, Levies, Corporate Compliance & Savings, we recommend your team members to attend the Courses considering their Education & Experience. These courses can be attended Physically at Karachi; Online from Karachi Lahore, Islamabad, etc and Recorded Lecture are also available. Click here for the Main Tax Flyer. Specific Level as per the following Courses, click Flyers and Tentative Registration Links. Please click on the Link for  (a)  Comparative Study to decide relevant Level by Mr Asif Kasbati FCA, FCMA, LLB and Courses Director (b) View of High Level Professionals view (c) Participants views 

V.  Broadening Tax Base to Reduce your tax in future budgets

Suggest Friends & Contacts to get Daily News Clipping, Updates & High Quality Commentary Subscriber in order to get this type of Quality emails, as per suggested by several High Level Professionals and current Subscribers.  For Flyer, click here. For video as  to the details about services, please click Link.  For Comments by High Level Professionals & Subscribers views, please click here. For 15 days FREE Samples as Trial, please fill Form, if not filled earlier. 

VI.   Multiplication:

Although all the Commentaries are to the extent of the Subscribed IDs only, however, your Goodself is allowed to share this QC to Impart Knowledge to the maximum Employees, Relatives, Groups, etc as soon as possible in order to file proper return in the next 1 week. At this stage, we do not expect a general extension post 15.10.25.

V.   Further Details & Services

 Should you require any clarification or explanations in respect of the above or otherwise, or require Income Tax, Federal & Provincial Sales Tax or Withholding Tax Statement, Advisory, Return Filing or Review services, please feel free to email Mr Amsal