Islamabad, March 2, 2026 – The Establishment Division has directed all officers of the Federal Board of Revenue (FBR) to submit complete declarations of their assets and liabilities for the past ten years, in a major move aimed at strengthening transparency, accountability, and compliance with statutory rules governing government servants.
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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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Why senior customs officer undergoes psychological examination in FBR investigation?
Islamabad, March 2, 2026 – The Federal Board of Revenue (FBR) has conducted a comprehensive health checkup, including a psychological examination, of a senior Pakistan Customs Service (PCS) officer (BS-18) as part of an ongoing disciplinary inquiry.
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FBR may implement contingency plan to meet FY26 revenue target
Islamabad, March 2, 2026 – The Federal Board of Revenue (FBR) is considering a contingency plan to achieve its revenue collection target for the fiscal year 2025-26, after missing its assigned target for the first eight months of the year, sources confirmed.
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FBR withdraws recovery of embezzled amount from BS-20 officer
Islamabad, March 2, 2026 – The Federal Board of Revenue (FBR) has withdrawn the recovery of an embezzled amount from a former BS-20 officer following the recommendation of the President of Pakistan. The decision comes after a careful review of disciplinary proceedings and the appeal filed by the officer.
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President reopens iPhone seizure case, orders fresh probe into customs malpractice
Islamabad — President Asif Ali Zardari has remanded a high-profile case involving the alleged mishandling and fraudulent destruction of imported iPhones at Islamabad Airport back to the Federal Tax Ombudsman (FTO) for a fresh and comprehensive review.
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FBR faces Rs430bn tax shortfall in 8MFY26 as IMF review looms
Islamabad, March 1, 2026 — Pakistan’s Federal Board of Revenue (FBR) has recorded a massive Rs430 billion shortfall in tax collection during the first eight months (July–February) of fiscal year 2025-26 (8MFY26), raising serious concerns ahead of the ongoing review talks with the International Monetary Fund (IMF).
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FBR explains key tax definitions for stock investors in Pakistan
The Federal Board of Revenue (FBR) has explained key tax definitions related to stock market transactions, aiming to help investors better understand their tax obligations, capital gains calculations, and compliance requirements.
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FBR Chairman, Islamabad Chamber discuss super tax, refunds and POS integration
Islamabad, February 28, 2026 – An 18-member delegation of the Islamabad Chamber of Commerce and Industry (ICCI), led by its President Sardar Tahir Mahmood, held a detailed meeting with Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial at the FBR Headquarters to discuss key taxation and business facilitation issues.
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FBR faces revenue shortfall in February amid IMF review talks
Islamabad — As the International Monetary Fund (IMF) mission visits Pakistan to conclude the third review under the $7 billion Extended Fund Facility (EFF) programme, the Federal Board of Revenue (FBR) is grappling with a significant revenue shortfall in February 2026, raising concerns over the country’s fiscal targets.
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FBR tightens noose around wealthy social media influencers over tax evasion
The Federal Board of Revenue (FBR) has intensified its crackdown on high-earning social media personalities, launching enforcement action against 38 prominent YouTubers, TikTok stars, and digital influencers for alleged income concealment and unexplained wealth totaling Rs15 billion.
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