Authorities report uninterrupted LPG imports through Gabd-Rimdan border amid enhanced customs procedures and trade facilitation measures.
(more…)Category: Taxation
Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
-
FBR issues new customs values of diesel engines for generators
New valuation ruling aims to address under-invoicing concerns in imports of diesel engines for generators.
(more…) -
FBR Launches PRAL Front Desk at LTO Karachi to Enhance Taxpayer Support
New PRAL Facilitation Desk at LTO Karachi to Simplify Digital Tax Services for Businesses
(more…) -
FBR tracks foreign travel and nationality of IRS and PCS officials
New disclosure rules require tax and customs officers to declare foreign nationality, travel documents and family details within 90 days.
ISLAMABAD: The Federal Board of Revenue (FBR) has initiated a comprehensive scrutiny of foreign travel history and foreign nationality status of officials serving in the Inland Revenue Service (IRS) and Pakistan Customs Service (PCS) under newly notified disclosure rules for 2026.
(more…) -
Honda Cars Pakistan Disputes Billions in Tax Payments with FBR
Honda Atlas Cars Pakistan reports tax contingencies exceeding Rs17 billion amid ongoing legal battles with tax authorities
KARACHI: Honda Atlas Cars (Pakistan) Limited has disclosed tax contingencies exceeding Rs17 billion in disputes with the Federal Board of Revenue (FBR), according to its Annual Report 2026.
(more…) -
PRA launches crackdown on tax defaulters, seals nine business premises in Punjab
Enforcement drive targets defaulters, with food outlets, builders and housing societies penalised for tax violations.
LAHORE: The Punjab Revenue Authority (PRA) has intensified enforcement actions against tax defaulters across multiple cities in Punjab, sealing nine business premises and issuing warning notices to several other establishments.
(more…) -
Pakistan advised to mandate tax filing for foreign nationals
Chartered accountants urge Pakistan to enforce tax return filing for foreign residents staying more than 183 days annually.
ISLAMABAD: The Institute of Chartered Accountants of Pakistan (ICAP) has recommended making income tax return filing mandatory for foreign nationals residing in Pakistan for more than 183 days during a tax year.
(more…) -
FBR revises customs values for imported ammunition; VR2087/2026
New valuation ruling includes .22 and .222 calibre ammunition and updates customs values based on market trends.
ISLAMABAD: The Federal Board of Revenue (FBR) has revised customs values for imported ammunition through Valuation Ruling No. 2087/2026, updating duty assessment rates for various calibres and origins of cartridges.
(more…) -
FBR collects over Rs518 billion in salary tax, registers 6% decline in 11MFY26
Salary tax collections drop year-on-year as debate grows over relief for salaried class in upcoming budget
ISLAMABAD: The Federal Board of Revenue (FBR) collected over Rs518 billion in salary tax during the first eleven months (July–May) of fiscal year 2025-26 (11MFY26), reflecting a decline of around 6 per cent on a year-on-year basis.
(more…) -
FBR to catch retailers through high-value transactions
IMF urges Pakistan to expand retailer registration and restrict certain transactions to tax filers
ISLAMABAD: The Federal Board of Revenue (FBR) is set to intensify efforts to bring undocumented retailers into the tax net by monitoring high-value transactions under a newly introduced retailer registration scheme, sources said.
(more…)