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Category: Taxation

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.

pakistan customs

Pakistan Customs arrests officers in alleged silver bullion swap case

April 13, 2026April 13, 2026Shahnawaz Akhter

KARACHI, April 13, 2026 – Pakistan Customs has arrested two of its preventive officers over alleged involvement in a major silver bullion scam, officials said on Monday, after a consignment transported for official deposit was found to contain fake material.

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FBR Image 01 New

FBR revamps KPIs for international taxation and information exchange

April 13, 2026April 13, 2026Shahnawaz Akhter

ISLAMABAD, April 13, 2026 –Federal Board of Revenue (Federal Board of Revenue) has introduced a sweeping overhaul of job descriptions and key performance indicators (KPIs) for officers engaged in international taxation and exchange of information functions, aiming to strengthen transparency, efficiency and compliance with global tax standards.

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imported cars

FBR revises customs values for imported auto spare parts after 5 years

April 13, 2026April 13, 2026Faisal Shahnawaz

KARACHI, April 13, 2026 – Pakistan’s Federal Board of Revenue (Federal Board of Revenue) has issued revised customs valuation benchmarks for imported auto replacement parts, updating duty assessment values after more than five years to align with current global prices and market conditions.

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FBR Building

FBR collects over Rs12 billion in capital value tax on vehicles and properties

April 13, 2026April 13, 2026Shahnawaz Akhter

ISLAMABAD, April 13, 2026 – Pakistan’s Federal Board of Revenue (Federal Board of Revenue) collected more than Rs12.55 billion in capital value tax (CVT) on motor vehicles and immovable properties during fiscal year 2024-25, reflecting an annual growth of around 8%, official data showed on Monday.

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FBR Image 01 New

FBR sets April 24 deadline for asset declarations

April 13, 2026April 13, 2026Shahnawaz Akhter

ISLAMABAD, April 13, 2026 – Federal Board of Revenue (FBR) has directed its officers to submit pending asset and liability declarations by April 24, warning of disciplinary consequences for non-compliance, according to an official circular issued on Monday.

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FBR Pakistan Karachi

FBR reports 42% drop in tax collection from builders, developers

April 12, 2026April 12, 2026Shahnawaz Akhter

Pakistan’s Federal Board of Revenue (FBR) reported a 42% decline in income tax collection from builders and developers during fiscal year 2025, reflecting weaker activity in the construction sector, according to official data.

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FBR Pakistan Karachi

Karachi contributes 45% to Pakistan’s direct tax collection in FY25

April 10, 2026April 10, 2026Shahnawaz Akhter

KARACHI, April 10 – Karachi accounted for 45% of Pakistan’s total direct tax collection in fiscal year 2024-25, underscoring the city’s central role in the country’s revenue generation, according to the annual report released by the Federal Board of Revenue.

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FBR - Taxation

New car boom drives 71% rise in Pakistan tax revenue

April 10, 2026April 10, 2026Shahnawaz Akhter

ISLAMABAD, April 10 – Pakistan’s tax authority said on Friday that withholding income tax collected on the registration of new cars rose by more than 71% in fiscal year 2024-25, driven by higher vehicle sales and changes in the tax structure.

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pakistan customs

Pakistan Customs collects over Rs200 billion in regulatory duty in FY25

April 9, 2026April 9, 2026Shahnawaz Akhter

Karachi, April 9, 2026 — The Federal Board of Revenue (FBR) has reported that Pakistan Customs collected over Rs200 billion in regulatory duty during the fiscal year 2024-25, reflecting steady growth in import-related revenues despite mixed trends across different sectors.

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Sindh Revenue Board

SRB awards 1300cc car in POS invoice prize draw to boost tax compliance

April 9, 2026April 9, 2026Shahnawaz Akhter

Karachi, April 9, 2026 — The Sindh Revenue Board (SRB) has announced the winner of a 1300cc car as part of its third computerized prize ballot draw, aimed at promoting tax compliance through verified Point of Sale (POS) invoices.

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