Karachi, January 7, 2026 – The Federal Board of Revenue (FBR) is facing severe scrutiny after yet another taxpayer reported his account hacked, exposing massive security flaws in the government’s online tax system. The incident, uncovered by the Federal Tax Ombudsman (FTO), highlights critical weaknesses that could threaten Pakistan’s national revenue.
(more…)Author: Shahnawaz Akhter
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SBP raises Rs905 billion through market treasury bills auction
Karachi, January 7, 2026 — The State Bank of Pakistan (SBP) on Wednesday raised Rs905 billion through the auction of Market Treasury Bills (MTBs), surpassing its initial target of Rs850 billion, reflecting strong investor participation and easing yield expectations.
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Private sector borrowing slumps 79% in 1HFY26 despite rate cuts
Karachi, January 7, 2026 — Private sector borrowing from commercial banks plunged by a massive 79% during the first half of FY2025-26, according to the latest monetary aggregates released by the State Bank of Pakistan (SBP), highlighting weak credit demand despite aggressive monetary easing.
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New scam rocks FBR: Taxpayers registered without mandatory SIM verification
Islamabad, January 6, 2026 — Even as the Federal Board of Revenue (FBR) tightens nooses around taxpayers to curb revenue leakages, a shocking scam has surfaced from within its own ranks, exposing serious cracks in Pakistan’s tax administration system.
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How FBR Promotes Local Entertainment Through Tax in 2026
Pakistan’s entertainment industry has long faced stiff competition from foreign TV dramas, dubbed serials, and advertisements featuring international actors. The growing presence of foreign content on local TV channels often discourages investment in local talent, writers, producers, and actors.
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Are You Planning to Sell Immovable Property in 2026? Must-Know Tax Rates
Are you thinking about buying or selling immovable property in Pakistan in 2026? 🏠
Before you finalize any deal, it is crucial to understand the advance tax structure imposed by the Federal Board of Revenue (FBR). Many buyers and sellers face unexpected costs simply because they are unaware of applicable tax rates.
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How Much Tax Is Payable on Property and Goods Bought Through Auction in 2026?
Many buyers are unaware that property or goods purchased through auction in Pakistan are subject to income tax. Under Section 236A of the Income Tax Ordinance, 2001, the Federal Board of Revenue (FBR) mandates the collection of advance tax at the time of sale by auction for tax year 2026.
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KSE-100 index hits record high of 182,408 points amid strong rally at PSX
Karachi, January 5, 2026 — The Pakistan Stock Exchange (PSX) continued its bullish momentum on Monday, with the KSE-100 index surging to a new all-time high after gaining 3,373 points. The benchmark index closed at 182,408 points, up 1.88% from last Friday’s close of 179,035 points, marking another strong start to the trading year.
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SITE Karachi Industries Suffer 15-Day Power Outage, KE Promises Relief
Karachi, January 5, 2026 — Several industries located in SITE Karachi have been without electricity for the past 15 days, severely disrupting industrial operations and causing significant financial losses, the SITE Association of Industry (SAI) informed K-Electric (KE) during a meeting on Monday.
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RTO Karachi seizes 1,800 sugar bags with fake TTS stamps
Karachi, January 5, 2026 — The Regional Tax Office (RTO)-II, Karachi, in collaboration with Inland Revenue Intelligence and Investigation (I&I), has confiscated 1,800 bags of sugar after intercepting trucks carrying counterfeit Track and Trace System (TTS) stamps during a major enforcement operation.
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