Pakistan Revenue
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.
KARACHI – The Pakistan Business Council (PBC) has urged the Federal Board of Revenue (FBR) to withdraw what it described as “illegal” notices for the recovery of default surcharge on super tax, warning that the move could undermine business confidence and economic stability.
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ISLAMABAD, April 20 — Income tax recoveries through audit proceedings in Pakistan surged by 110% in fiscal year 2024-25, reflecting improved enforcement and audit efficiency, the Federal Board of Revenue said in its annual report.
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ISLAMABAD, April 19 — Pakistan’s Federal Board of Revenue (FBR) has suspended several senior customs officials following fresh findings in a high-profile case involving the alleged swapping of seized silver bullion with lead, officials said on Sunday.
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KARACHI, April 19 — Foreign investors in Pakistan have called for sweeping tax reforms, including lower corporate tax rates and the phased elimination of additional levies, as part of proposals submitted for the federal budget 2026-27.
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ISLAMABAD, April 19 — Tax return filing compliance in Pakistan has reached a record high in fiscal year 2024-25, driven by enforcement measures, legal reforms and increased taxpayer awareness, according to official data.
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KARACHI, April 18, 2026 – Minister of State for Finance Bilal Azhar Kayani said on Saturday that the arrest powers of Federal Board of Revenue (FBR) officials have been significantly curtailed as part of wider tax and regulatory reforms aimed at improving Pakistan’s business climate.
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Karachi, April 18, 2026 – Pakistan’s Federal Board of Revenue (FBR) said on Saturday that withholding income tax collection from petroleum products rose by 163% over the past five years, driven largely by higher fuel prices and increased consumption.
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The Punjab Revenue Authority (PRA) reported a 33% increase in sales tax collection on services in March 2026, driven by improved enforcement and expanded taxpayer coverage, according to an official statement on Friday.
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Pakistan Customs officials on Friday said exporters are being extended the same facilitation at Faisalabad Dry Port as available in Karachi under the Export Facilitation Scheme (EFS), urging the business community to fully utilise the system to improve trade efficiency and competitiveness.
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ISLAMABAD, April 17, 2026 — Minister of State for Finance and Railways Bilal Azhar Kayani on Friday urged traders across Pakistan to ensure tax registration and timely filing, calling it essential for broadening the country’s narrow tax base and strengthening fiscal stability.
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