Karachi, April 9, 2026 — The Federal Board of Revenue (FBR) has reported that Pakistan Customs collected over Rs200 billion in regulatory duty during the fiscal year 2024-25, reflecting steady growth in import-related revenues despite mixed trends across different sectors.
(more…)Author: Shahnawaz Akhter
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SRB awards 1300cc car in POS invoice prize draw to boost tax compliance
Karachi, April 9, 2026 — The Sindh Revenue Board (SRB) has announced the winner of a 1300cc car as part of its third computerized prize ballot draw, aimed at promoting tax compliance through verified Point of Sale (POS) invoices.
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Service Long March expands Pakistan footprint with $120 million investment
Islamabad, April 9, 2026 — Service Long March Tyres (Private) Limited has announced an additional investment of $120 million in Pakistan, reinforcing growing investor confidence in the country’s industrial and export potential. The announcement was made during a high-level meeting between Federal Minister for Commerce Jam Kamal Khan and the company’s Chairman, Jin Yongsheng, along with senior government officials.
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RTO-II Karachi collects record Rs154 billion in salary tax
Karachi, April 9, 2026 – The Regional Tax Office (RTO) II Karachi, operating under the Federal Board of Revenue (FBR), has recorded a significant increase in salary-based withholding tax collection, reaching Rs154 billion during the fiscal year 2024–25. This marks a strong 44% growth compared to the Rs107 billion collected in the previous fiscal year, highlighting improved tax compliance and expanded revenue efforts.
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FTO orders FBR to settle refunds before income tax recovery
Islamabad — The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to ensure that coercive income tax recovery measures are only initiated after the adjustment or resolution of taxpayers’ pending refund claims.
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FBR issues new customs values for Lithium-Ion batteries via VR-2062/2026
Karachi, April 8, 2026 – The Federal Board of Revenue (FBR) has issued updated customs values for Lithium-Ion batteries to ensure accurate duty and tax assessment at the import stage. The Directorate General of Customs Valuation released Valuation Ruling No. 2062/2026, dated April 6, 2026, officially replacing the previous ruling VR-1964/2025 issued on January 29, 2025.
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PTCL challenges Rs6.79 billion tax disputes with provincial authorities
Karachi, April 8, 2026 – Pakistan Telecommunication Company Limited (PTCL) has revealed that it is contesting tax disputes worth Rs6.79 billion with provincial revenue authorities, primarily related to international incoming traffic, according to its Annual Report 2025.
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Sales tax collection from motor cars surges 159% in FY25
Islamabad: Sales tax collection from motor cars in Pakistan recorded a massive increase during the fiscal year 2024-25, reflecting strong revenue growth driven by new taxation measures. According to the Federal Board of Revenue, total collection from the automobile sector reached Rs34 billion, marking a sharp rise of 158.8% compared to the previous fiscal year.
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FBR reports 15% surge in duty-free imports in FY25
ISLAMABAD: The Federal Board of Revenue (FBR) has reported a significant 15% increase in duty-free imports during the fiscal year 2024-25, reflecting shifting trade patterns and policy incentives aimed at supporting key sectors of the economy.
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FBR data shows shift in customs duty collection away from Karachi
ISLAMABAD: The Federal Board of Revenue (FBR) has revealed in its Year Book 2024-25 that the share of Custom House Karachi in total customs duty collection is gradually declining, indicating a shift in revenue distribution across the country.
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