KARACHI, May 1, 2026– The Karachi Chamber of Commerce and Industry has backed the monitoring of jewelers’ business transactions by the Federal Board of Revenue, while cautioning against harassment by tax officials.
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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 braces for historic tax shortfall in FY2025-26
Islamabad, May 1, 2026: The Federal Board of Revenue (FBR) is heading toward a historic shortfall in tax collection for the fiscal year 2025-26 after missing its revenue targets during the first ten months (July–April).
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Apex court upholds super tax as constitutional in landmark ruling
Islamabad, April 30, 2026 — The Federal Constitutional Court of Pakistan has upheld the legality of the super tax, declaring Section 4C of the Income Tax Ordinance, 2001 constitutional and overturning earlier judgments of the Islamabad High Court.
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Karachi Retailers Pay Rs6.25 Billion Income Tax in FY25
Karachi, April 30, 2026 — Retailers in Karachi contributed Rs6.25 billion in income tax during fiscal year 2024-25, marking a significant increase in tax collection, according to data released by the Federal Board of Revenue (FBR).
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Federal Tax Ombudsman uncovers major tax system hack involving fake GST claims
Islamabad, April 29, 2026 — The Federal Tax Ombudsman (FTO) has exposed a significant cyber intrusion into Pakistan’s tax system, resulting in the unauthorized revision of a taxpayer’s sales tax return and fraudulent adjustment of input tax credit worth millions of rupees.
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FBR lodges FIR against gold jewelers in Lahore amid tax monitoring dispute
Lahore, April 29, 2026 — The Federal Board of Revenue (FBR) has lodged a First Information Report (FIR) against gold jewelers in Lahore after its officials faced resistance during a tax monitoring drive in the city’s major bullion markets.
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Pakistan Empowers Tax Policy Office to Draft Budget 2026-27
ISLAMABAD: Pakistan has formally empowered the Tax Policy Office (TPO) to prepare tax proposals for the federal budget 2026-27 after amending the Rules of Business, 1973, in a move aimed at streamlining fiscal policymaking and strengthening institutional oversight.
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Senate seeks data on dual nationality of FBR officers
ISLAMABAD, April 28, 2026 – Pakistan’s Senate has sought detailed information on federal tax officers holding dual nationality, directing the Federal Board of Revenue (FBR) to compile and submit comprehensive data for review by a parliamentary panel.
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Pakistan eyes Rs350bn tax measures in 2026–27 budget under IMF plan
Islamabad, April 28, 2026 – Pakistan is preparing tax policy changes and sweeping removal of exemptions to raise around Rs350 billion ($1.26 billion) in additional revenue in the 2026–27 fiscal year, as part of commitments under its ongoing International Monetary Fund (IMF) programme, sources familiar with the matter said on Monday.
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Pakistan may remove 1% import tax relief in major policy shift
ISLAMABAD, April 27, 2026 – Pakistan is considering scrapping concessional income tax rates on a wide range of imported goods as part of efforts to raise revenues in the federal budget for 2026-27, according to officials in the finance ministry.
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