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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.

FBR Pakistan Karachi

FBR officers directed to explain assets of past 10 years, disclose sources of income

March 2, 2026March 2, 2026Shahnawaz Akhter

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 customs

Why senior customs officer undergoes psychological examination in FBR investigation?

March 2, 2026March 2, 2026Shahnawaz Akhter

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 Image 01 New

FBR may implement contingency plan to meet FY26 revenue target

March 2, 2026March 2, 2026Shahnawaz Akhter

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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Inland Revenue Service

FBR withdraws recovery of embezzled amount from BS-20 officer

March 2, 2026March 2, 2026Shahnawaz Akhter

Islamabad, March 2, 2026 – The Federal Board of Revenue (FBR) has withdrawn the recovery of an embezzled amount from a former BS-20 officer following the recommendation of the President of Pakistan.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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iphone 17 pro max

President reopens iPhone seizure case, orders fresh probe into customs malpractice

March 2, 2026March 2, 2026Hamza Shahnawaz

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 Pakistan Karachi

FBR faces Rs430bn tax shortfall in 8MFY26 as IMF review looms

March 1, 2026March 1, 2026Mrs. Anjum Shahnawaz

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 Blue

FBR explains key tax definitions for stock investors in Pakistan

February 28, 2026February 28, 2026Shahnawaz Akhter

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 Building

FBR Chairman, Islamabad Chamber discuss super tax, refunds and POS integration

February 28, 2026February 28, 2026Mrs. Anjum Shahnawaz

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 Image 01 New

FBR faces revenue shortfall in February amid IMF review talks

February 28, 2026February 28, 2026Shahnawaz Akhter

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 White

FBR tightens noose around wealthy social media influencers over tax evasion

February 28, 2026February 28, 2026Shahnawaz Akhter

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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