Islamabad, February 12, 2026 – Buyers of new motor cars have paid nearly Rs19 billion in advance income tax to the Federal Board of Revenue (FBR) during the first seven months (July 2025 – January 2026) of the current fiscal year.
(more…)Author: Shahnawaz Akhter
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FBR withholding tax hits non-filers: Over Rs20 billion collected in 7 months
Islamabad, February 12, 2026 – Non-filers of income tax returns or those not on the Active Taxpayers List (ATL) have contributed over Rs20 billion in withholding tax on cash withdrawals during the first seven months (July 2025 – January 2026) of the current fiscal year, according to officials from the Federal Board of Revenue (FBR).
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Tie the knot, pay the tax: Marriage functions bring Rs1.7bn to FBR
Islamabad, February 11, 2026 – Marriage functions and social gatherings held across Pakistan generated Rs1.70 billion in income tax revenue for the Federal Board of Revenue (FBR) during the first seven months (July 2025 – January 2026) of the current fiscal year.
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Bank Al Habib profits take a hit as earnings slide 23% in CY25
Karachi, February 11, 2026 – Bank Al Habib Limited on Wednesday reported a sharp 23% decline in its after-tax profit for the calendar year ended December 31, 2025, reflecting pressure from lower net interest income and rising operating costs.
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FBR launches digital sales tax withholding system for online goods
Islamabad, February 11, 2026 – The Federal Board of Revenue (FBR) has launched a new digital system for Sales Tax Withholding (STWH) on online goods. This step aims to improve tax compliance in Pakistan’s growing e-commerce sector.
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Why Displaying NTN Certificate Is Important in Pakistan
Displaying the National Tax Number (NTN) certificate is not just a legal requirement in Pakistan, but a key step toward ensuring tax compliance, business credibility, and financial transparency. According to Rule 83 of the Income Tax Rules, 2002, updated on November 24, 2023, all persons deriving income from business are legally required to display their NTN certificate at their place of business.
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Sindh revenue explodes as ports and telecom deliver record collections: SRB FY25 report
Karachi, February 11, 2026 – Port and terminal operators emerged as the largest contributors to sales tax on services in Sindh during fiscal year 2024-25, according to the annual performance report released by the Sindh Revenue Board (SRB).
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Sindh leads Pakistan in sales tax collection as provinces report strong growth in 1HFY26
Islamabad, February 10, 2026 – Sindh province maintained its position as the largest collector of Sales Tax on Services among Pakistan’s provinces during the first half (July to December) of fiscal year 2025-26, according to data released by the Federal Finance Ministry.
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Power bills dim FBR revenues as electricity tax collection drops 21%
Islamabad, February 10, 2026 – The Federal Board of Revenue (FBR) on Tuesday reported a sharp 21 percent decline in income tax collection on electricity consumption during the first seven months (July to January) of the ongoing fiscal year 2025-26, reflecting subdued economic activity and lower electricity usage by commercial and industrial consumers.
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FBR rakes it in: January income tax up 28% thanks to super tax push
The Federal Board of Revenue (FBR) has reported a robust 28.58% year-on-year (YoY) increase in income tax collection for January 2026, largely driven by the recovery of super tax following a landmark ruling by the Federal Constitutional Court, according to provisional data.
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