Islamabad, June 29, 2025: The Federal Board of Revenue (FBR) has launched a 30-day tax monitoring operation targeting major solar energy companies in Karachi to curb tax evasion and revenue leakage.
Acting under Section 40-B of the Sales Tax Act, 1990, FBR officials have been deployed at the business premises of four prominent solar firms. This move comes amid concerns of widespread sales suppression within Pakistan’s booming solar sector.
According to official sources, the operation aims to monitor real-time sales transactions, stock levels, and ensure full tax compliance. The decision was approved by the Chief Commissioner Inland Revenue, Corporate Tax Office Karachi.
FBR sources revealed, “The officers will verify taxable sales and inventory positions to prevent manipulation of sales data and plug revenue gaps.” The deployment empowers tax officers to remain on-site and oversee daily business activities of the targeted companies.
Pakistan’s solar energy industry has seen exponential growth in recent years as the country pushes to cut back on expensive energy imports and resolve power shortages. However, the rapid rise in demand has also opened doors for tax evasion practices.
The FBR’s tax monitoring initiative signals a tough stance on non-compliance in the renewable energy sector. If successful, similar operations may soon extend to other fast-growing industries as part of FBR’s strategy to meet its annual revenue goals.
The ongoing drive highlights the government’s focus on strengthening tax enforcement and transparency in sectors with rising commercial activity.
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