Overview
- The Federal Board of Revenue issued SRO2263 to amend the 2023 asset‑sharing rules under Section 237(1) of the Income Tax Ordinance.
- The revisions replace the term “civil” with “public” and add a clause defining a public servant as a BPS‑17 and above officer in federal or provincial governments, autonomous bodies, state‑owned corporations and government‑owned companies.
- Officials protected under Section 5(n)(iv) of the National Accountability Ordinance 1999 are excluded from the requirement.
- The amendments were first published on October 7, 2025 via notification 1912(I)/2025 and were finalized after a period of public feedback.
- FBR says the move will improve transparency and information exchange, and reporting indicates citizens will be able to review a complete financial trail from an officer’s entry into service.