Islamabad: The Federal Board of Revenue (FBR) has issued updated valuation tables for immovable commercial properties located in Blue Area, Islamabad, one of Pakistan’s most expensive and high-value commercial zones.
(more…)Author: Shahnawaz Akhter
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Sindh Governor Sets Aside K-Electric CEO Harassment Case Order
Karachi, February 3, 2026 – The Governor of Sindh has officially set aside the order issued by the Provincial Ombudsman against the Chief Executive Officer (CEO) of K-Electric Limited (KE) in a high-profile women harassment case. The disclosure was made by K-Electric in a communication to the Pakistan Stock Exchange (PSX) on Tuesday.
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What Is a Tax Clearance Certificate? Must-Know If Leaving Pakistan
If you are permanently leaving Pakistan, obtaining a Tax Clearance Certificate (TCC) is not optional—it is a legal requirement under Pakistan’s income tax law.
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FBR Income Tax Refund 2026: How to Apply & Get Paid Back (2026 Guide)
Many taxpayers in Pakistan pay excess income tax but never claim their refunds—mostly due to lack of awareness about the procedure. Under Section 170 of the Income Tax Ordinance, 2001 (updated for Tax Year 2026), taxpayers are legally entitled to a refund of excess tax paid.
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How to Apply for a Tax Exemption Certificate in Pakistan (2026 Guide)
Getting a tax exemption certificate in Pakistan can significantly reduce your import costs—especially if you’re setting up or expanding an industrial undertaking. Under Section 159 of the Income Tax Ordinance, 2001 (updated for Tax Year 2026), eligible taxpayers can apply for exemption from collection of tax at source on imports.
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FBR issues SRO 163 to notify new property valuation tables for Islamabad
Islamabad, February 2, 2026 – The Federal Board of Revenue (FBR) has issued SRO 163(I)/2026, formally notifying revised property valuation tables for Islamabad, aimed at aligning official values with prevailing market rates.
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FBR Sets Minimum Export Price for Mango Pulp
Karachi, February 2, 2026 – The Federal Board of Revenue (FBR) has announced the minimum export price for all types of mango pulp to standardize export valuation and support fair trade. The directive was issued through Valuation Ruling No. 1 dated January 28, 2026, under powers granted by Section 25A read with Section 25(15) of the Customs Act, 1969.
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APTMA urges FBR to adjust super tax against pending refunds
Karachi, February 2, 2026 – The All Pakistan Textile Mills Association (APTMA) has called on the Federal Board of Revenue (FBR) to adjust Super Tax liabilities against long-pending government refunds, following the Federal Constitutional Court’s ruling on outstanding Sales Tax, Income Tax, and other reimbursements owed to manufacturers and exporters.
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How to Apply for Registration as an Income Tax Practitioner with FBR
Becoming a registered Income Tax Practitioner (ITP) in Pakistan requires following the Federal Board of Revenue (FBR) guidelines under Income Tax Rules, 2002 (updated November 24, 2023). This registration enables practitioners to handle tax matters on behalf of clients legally.
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FBR to set up central control unit for digital monitoring across industries
Islamabad, February 2, 2026 — The Federal Board of Revenue (FBR) has announced plans to establish a Central Control Unit (CCU) aimed at monitoring indicators generated by its various digital interventions.
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