Islamabad, February 14, 2026 — The Federal Board of Revenue (FBR) has collected over Rs103 billion from exporters during the first seven months (July to January) of the ongoing fiscal year 2025-26, according to provisional official data.
(more…)Author: Shahnawaz Akhter
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FBR tax take slides Rs83bn as SBP interest rate cuts bite hard
Islamabad, February 13, 2026 — The Federal Board of Revenue (FBR) has reported a sharp Rs83.58 billion decline in tax collection under profit on debt during the first seven months (July–January) of FY26, primarily due to a steep cut in the benchmark interest rate that significantly reduced returns on bank deposits and government securities.
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FBR slashes Sialkot property rates, brings major tax relief
Islamabad, February 12, 2026 — The Federal Board of Revenue (FBR) has announced a significant reduction in property valuation rates for a specific area of Sialkot, aiming to align official values more closely with prevailing market conditions and ease the tax burden on buyers and sellers.
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Khurram Ijaz warns net billing policy could hurt industry, raise energy costs
Karachi, February 12, 2026 – Khurram Ijaz, Secretary General of the Businessmen Panel Progressive (BPP), the ruling group of the Federation of Pakistan Chamber of Commerce and Industries (FPCCI), has expressed serious concerns over the government’s newly introduced net billing policy, cautioning that it could impose an additional financial burden of billions of rupees on consumers, industrialists, and the wider business community.
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Car dreams come with tax bills: FBR nets Rs19 billion in 7MFY26
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.
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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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