Pakistan Revenue
Revised valuation tables issued through SRO 876(I)/2026 cover multiple DHA phases and commercial sectors in Lahore The Federal Board of Revenue (FBR) has revised property valuation tables for Nishtar Town, Lahore, for the purpose of determining withholding tax collection on property transactions.
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High-level meeting chaired by Chief Collector Customs South finalizes key measures to speed up container clearance and ease port congestion. A high-level meeting chaired by Chief Collector Customs Appraisement (South) Wajid Ali discussed major reforms aimed at improving the efficiency and speed of Pakistan’s Pre-Arrival Clearance system, stakeholders said on Monday.
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BMPP leader urges stable economic policies to restore investor confidence and attract sustainable foreign investment into Pakistan. Khurram Ijaz, General Secretary of Businessmen Panel Progressive (BMPP) and former vice president of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed serious concern over the sharp decline in foreign investment into Pakistan during the […]
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Tax authority opens LTOs, MTOs, CTOs and RTOs on May 23–24 amid revenue shortfall pressure The Federal Board of Revenue (FBR), Pakistan’s tax authority, has converted the upcoming weekend into working days for tax offices as it steps up efforts to improve revenue collection amid growing pressure to meet its annual target.
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Tax body urges FBR to launch IRIS test environment and extend consultation period for 2026 return forms The Karachi Tax Bar Association (KTBA) has urged Pakistan’s tax authority to introduce pilot testing of income tax return forms for Tax Year 2026 before formal rollout, citing technical, formatting, and procedural concerns.
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Government expands AML reforms to combat money laundering and improve property sector transparency Pakistan has intensified monitoring of real-estate agents as part of broader efforts to curb black money, money laundering and terror financing through the property sector, according to official documents.
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Tax authority expands digital monitoring system to textiles, beverages and major industrial sectors The Federal Board of Revenue expects to collect an additional Rs48 billion in tax revenue during fiscal year 2026-27 through expanded production monitoring systems across key industrial sectors, according to official documents.
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Tax authority expands CRM-based audit system to boost compliance and revenue collection The Federal Board of Revenue plans to hire an additional 396 private auditors by the end of June 2026 to strengthen tax scrutiny and improve compliance monitoring, according to official sources.
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SBP data shows rise in profit outflows, led by UK, China and banking sector earnings Foreign investors repatriated more than $2 billion in profits and dividends from Pakistan during the first ten months of fiscal year 2025-26, according to data released by the State Bank of Pakistan on Monday.
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Large Taxpayers Office posts 10% growth in net revenue amid strong direct tax performance The Large Taxpayers Office (LTO) Karachi has reported record revenue collection of nearly Rs3 trillion during the first 10 months of fiscal year 2025-26, marking its highest-ever performance for the period, according to official data.
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