Islamabad, February 4, 2026 – The Federal Board of Revenue (FBR) on Wednesday announced important amendments to the Customs Rules, 2001, introducing changes to the Export Facilitation Scheme (EFS) aimed at improving operational flexibility for exporters.
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Pakistan Revenue delivers the latest taxation news, covering income tax, sales tax, and customs duty. Stay updated with insights on tax policies, regulations, and financial developments in Pakistan.
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FBR unveils new auction procedure for shipborne scrap
Karachi, February 4, 2026 – The Federal Board of Revenue (FBR) on Wednesday introduced a detailed procedure for the auction of shipborne scrap, aiming to improve transparency and revenue collection at ports across Pakistan.
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FBR issues Rs189 million tax demand against Sazgar motors
Karachi, February 4, 2026 – The Federal Board of Revenue (FBR) has raised a tax demand of Rs188.9 million against Sazgar Engineering Works Limited, the company confirmed in its half-yearly financial statement submitted to the Pakistan Stock Exchange (PSX) on Wednesday.
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FBR imposes major penalty on customs inspector for possessing NCP vehicle
Islamabad, February 4, 2026 – The Federal Board of Revenue (FBR) has imposed a major penalty on a customs official after disciplinary proceedings established charges of unauthorized use of a Non-Customs Paid (NCP) vehicle and prolonged absence from duty.
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Pakistan sets December 2026 deadline for large-scale tax simplification
Islamabad, February 4, 2026 – The Government of Pakistan has announced December 2026 as the target date to implement major initiatives aimed at simplifying the country’s tax system.
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Government to strip FBR of policymaking powers in major tax reform
ISLAMABAD – The Federal Government has announced plans to fundamentally restructure the nation’s fiscal landscape by establishing an independent Tax Policy Office (TPO) under the Ministry of Finance. To facilitate this shift, the government will introduce a landmark bill to amend the Federal Board of Revenue (FBR) Act, 2007 before June 2026.
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FBR raises Blue Area property values: Check new rates for Islamabad
Islamabad: The Federal Board of Revenue (FBR) has issued updated valuation tables for immovable commercial properties located in Blue Area, Islamabad, one of Pakistan’s most expensive and high-value commercial zones.
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LTO Karachi assigns tax assessment authority for BYD Pakistan
Karachi, February 3, 2026 – The Large Taxpayers Office (LTO) Karachi has delegated tax assessment powers for BYD Pakistan to the Deputy Commissioner of Zone-II, strengthening oversight and transparency.
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Customs to auction confiscated vehicles in Peshawar on February 12, 2026
Peshawar, February 3, 2026 – The Collectorate of Customs (Enforcement), Peshawar, has announced Auction Schedule No. 14/2025-26 for the sale of confiscated and unclaimed vehicles and miscellaneous goods lying at various state warehouses across Khyber Pakhtunkhwa.
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What Is a Tax Clearance Certificate? Must-Know If Leaving Pakistan
If you are permanently leaving Pakistan, obtaining a Tax Clearance Certificate (TCC) is not optional—it is a legal requirement under Pakistan’s income tax law.
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