Islamabad, March 3, 2026 — The Federal Board of Revenue (FBR) has agreed to provide relief in the payment of super tax by allowing installments until June 30, 2026, according to industry sources.
(more…)Author: Shahnawaz Akhter
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FBR officers directed to explain assets of past 10 years, disclose sources of income
Islamabad, March 2, 2026 – The Establishment Division has directed all officers of the Federal Board of Revenue (FBR) to submit complete declarations of their assets and liabilities for the past ten years, in a major move aimed at strengthening transparency, accountability, and compliance with statutory rules governing government servants.
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Why senior customs officer undergoes psychological examination in FBR investigation?
Islamabad, March 2, 2026 – The Federal Board of Revenue (FBR) has conducted a comprehensive health checkup, including a psychological examination, of a senior Pakistan Customs Service (PCS) officer (BS-18) as part of an ongoing disciplinary inquiry.
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FBR may implement contingency plan to meet FY26 revenue target
Islamabad, March 2, 2026 – The Federal Board of Revenue (FBR) is considering a contingency plan to achieve its revenue collection target for the fiscal year 2025-26, after missing its assigned target for the first eight months of the year, sources confirmed.
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FBR withdraws recovery of embezzled amount from BS-20 officer
Islamabad, March 2, 2026 – The Federal Board of Revenue (FBR) has withdrawn the recovery of an embezzled amount from a former BS-20 officer following the recommendation of the President of Pakistan. The decision comes after a careful review of disciplinary proceedings and the appeal filed by the officer.
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FBR explains key tax definitions for stock investors in Pakistan
The Federal Board of Revenue (FBR) has explained key tax definitions related to stock market transactions, aiming to help investors better understand their tax obligations, capital gains calculations, and compliance requirements.
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SITE industrialists honor Lt. Col. Shahzada Gulfraz Shaheed, propose martyrs’ support fund
Karachi, February 28, 2026: The SITE Association of Industry (SAI) recently held a solemn gathering to pay tribute to Lt. Col. Shahzada Gulfraz Shaheed, who laid down his life while combating the Indian proxy group, Khwarij, in Bannu District. Industrialists and business leaders reaffirmed their commitment to supporting the Pakistan Armed Forces and ensuring that the sacrifices of martyrs are never forgotten.
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FBR faces revenue shortfall in February amid IMF review talks
Islamabad — As the International Monetary Fund (IMF) mission visits Pakistan to conclude the third review under the $7 billion Extended Fund Facility (EFF) programme, the Federal Board of Revenue (FBR) is grappling with a significant revenue shortfall in February 2026, raising concerns over the country’s fiscal targets.
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FBR tightens noose around wealthy social media influencers over tax evasion
The Federal Board of Revenue (FBR) has intensified its crackdown on high-earning social media personalities, launching enforcement action against 38 prominent YouTubers, TikTok stars, and digital influencers for alleged income concealment and unexplained wealth totaling Rs15 billion.
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FBR considers email as valid electronic address of taxpayer
Many taxpayers believe that ignoring an email from the Federal Board of Revenue (FBR) means they haven’t received a notice. Legally, this is not the case. The FBR is empowered to serve notices electronically, and emails sent to a taxpayer’s registered electronic address are considered valid under tax law.
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