Tag: FBR

Are you a taxpayer in Pakistan waiting for a refund from the Federal Board of Revenue (FBR)? If your refund is delayed, the FBR is responsible for paying an additional amount as compensation. Understanding Section 171 of the Income Tax Ordinance, 2001 will help you know your rights and how much you can claim for delayed refunds in tax year 2026.

If you are a taxpayer in Pakistan and have paid more tax than you were liable for, you may be eligible to claim an income tax refund from the Federal Board of Revenue (FBR) in tax year 2026. Understanding the rules and procedures under Section 170 of the Income Tax Ordinance, 2001 will help you ensure a smooth refund process.

Lahore, December 30, 2025 — The Lahore Chamber of Commerce and Industry (LCCI) has raised serious concerns over the Federal Board of Revenue’s (FBR) decision to allow tax-free imports of more than 2,400 Chinese products through the Sost Customs Dry Port for exclusive consumption in Gilgit-Baltistan.

Islamabad, December 30, 2025 — The Federal Board of Revenue (FBR) has stepped up efforts to promote tax awareness by educating the business community on online return filing and voluntary tax compliance. The initiative aims to simplify tax procedures and encourage greater participation in the documented economy.

Islamabad, December 30, 2025 — In line with the federal government’s zero-tolerance policy against tax evasion and regulatory breaches, the Federal Board of Revenue (FBR) has sealed two sugar mills operating in Central Punjab for serious violations of sales tax laws.

Islamabad, December 29, 2025 – A BS-18 lady officer of the Inland Revenue Service (IRS) has been dismissed from service after corruption and misconduct charges were proven against her, according to a notification issued by the Federal Board of Revenue (FBR).

The final tax regime (FTR) remains an important—though often debated—feature of Pakistan’s income tax system for tax year 2026. While many tax experts argue that final taxation limits documentation and broadening of the tax base, the regime continues to apply to specific incomes under the Income Tax Ordinance, 2001, particularly through Section 169.

Online shopping in Pakistan is growing rapidly—and so is tax oversight. From tax year 2026, the Federal Board of Revenue (FBR) has significantly expanded its monitoring powers to track payments made through e-commerce platforms, payment intermediaries, and courier services. This change aims to improve documentation of the digital economy and widen the tax net.

Banks in Pakistan are legally required to share specific customer information with the Federal Board of Revenue (FBR). This data-sharing framework is aimed at widening the tax net, improving compliance, and identifying potential taxpayers through documented financial activity. The authority for this reporting comes from Section 165A and 165B of the Income Tax Ordinance, 2001.

Islamabad, December 28, 2025 – The Large Taxpayers Office (LTO) Lahore has taken strict disciplinary action by suspending four Federal Board of Revenue (FBR) officials who were found absent from their assigned monitoring duties at sugar mills. The move reflects LTO Lahore’s commitment to maintaining strict oversight and ensuring full compliance with tax monitoring regulations.