Pakistan Revenue
Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
New disclosure rules require tax and customs officers to declare foreign nationality, travel documents and family details within 90 days. ISLAMABAD: The Federal Board of Revenue (FBR) has initiated a comprehensive scrutiny of foreign travel history and foreign nationality status of officials serving in the Inland Revenue Service (IRS) and Pakistan Customs Service (PCS) under […]
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Honda Atlas Cars Pakistan reports tax contingencies exceeding Rs17 billion amid ongoing legal battles with tax authorities KARACHI: Honda Atlas Cars (Pakistan) Limited has disclosed tax contingencies exceeding Rs17 billion in disputes with the Federal Board of Revenue (FBR), according to its Annual Report 2026.
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Enforcement drive targets defaulters, with food outlets, builders and housing societies penalised for tax violations. LAHORE: The Punjab Revenue Authority (PRA) has intensified enforcement actions against tax defaulters across multiple cities in Punjab, sealing nine business premises and issuing warning notices to several other establishments.
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Chartered accountants urge Pakistan to enforce tax return filing for foreign residents staying more than 183 days annually. ISLAMABAD: The Institute of Chartered Accountants of Pakistan (ICAP) has recommended making income tax return filing mandatory for foreign nationals residing in Pakistan for more than 183 days during a tax year.
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New valuation ruling includes .22 and .222 calibre ammunition and updates customs values based on market trends. ISLAMABAD: The Federal Board of Revenue (FBR) has revised customs values for imported ammunition through Valuation Ruling No. 2087/2026, updating duty assessment rates for various calibres and origins of cartridges.
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Salary tax collections drop year-on-year as debate grows over relief for salaried class in upcoming budget ISLAMABAD: The Federal Board of Revenue (FBR) collected over Rs518 billion in salary tax during the first eleven months (July–May) of fiscal year 2025-26 (11MFY26), reflecting a decline of around 6 per cent on a year-on-year basis.
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IMF urges Pakistan to expand retailer registration and restrict certain transactions to tax filers ISLAMABAD: The Federal Board of Revenue (FBR) is set to intensify efforts to bring undocumented retailers into the tax net by monitoring high-value transactions under a newly introduced retailer registration scheme, sources said.
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Karachi Chamber calls for phased implementation of e-bilty system amid concerns over digital infrastructure shortcomings The Karachi Chamber of Commerce and Industry (KCCI) has identified persistent internet disruptions and inadequate digital infrastructure as major obstacles to the smooth implementation of the Federal Board of Revenue’s (FBR) e-bilty system, urging the government to reconsider its approach […]
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TRANSFORM Pakistan Campaign says higher taxes on sweetened beverages can reduce diabetes and other non-communicable diseases A coalition of civil society organisations and public health professionals working under the TRANSFORM Pakistan Campaign has urged the government to increase the Federal Excise Duty (FED) to 40 per cent on all sweetened beverages, including juices and fruit […]
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FTO directs FBR to withdraw penalties imposed on NBP manager The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to withdraw penalties imposed on a National Bank of Pakistan (National Bank of Pakistan) branch manager, ruling that the action amounted to maladministration and administrative excess.
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