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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Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
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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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FBR clarifies tax relief for builders under special regime
Karachi, April 27, 2026 – The Federal Board of Revenue (FBR) has issued a clarification regarding the applicability of advance tax on property transactions for builders and developers operating under a special tax regime, aiming to ease their financial burden and address industry concerns.
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FBR unveils plan to eliminate tax evasion completely
FAISALABAD: Pakistan’s tax authorities are aiming to eliminate tax evasion and the long-standing issue of non-filers through sweeping reforms and digital transformation within the Federal Board of Revenue (FBR), senior officials said on Sunday.
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Prime Minister Shehbaz orders crackdown on $430 million solar panel scandal
Prime Minister Shehbaz Sharif has ordered immediate legal and disciplinary action against those involved in a massive 120 billion rupee ($430 million) solar panel over-invoicing and money laundering scheme, according to an official statement from the Prime Minister’s Office.
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