ISLAMABAD, April 20 — Income tax recoveries through audit proceedings in Pakistan surged by 110% in fiscal year 2024-25, reflecting improved enforcement and audit efficiency, the Federal Board of Revenue said in its annual report.
(more…)Category: Taxation
Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
-

FBR suspends top customs officials in high-profile silver swap scandal
ISLAMABAD, April 19 — Pakistan’s Federal Board of Revenue (FBR) has suspended several senior customs officials following fresh findings in a high-profile case involving the alleged swapping of seized silver bullion with lead, officials said on Sunday.
(more…) -

Foreign investors urge tax cuts, reforms in Pakistan budget 2026-27
KARACHI, April 19 — Foreign investors in Pakistan have called for sweeping tax reforms, including lower corporate tax rates and the phased elimination of additional levies, as part of proposals submitted for the federal budget 2026-27.
(more…) -

Pakistan tax return compliance hits record high, FBR data shows
ISLAMABAD, April 19 — Tax return filing compliance in Pakistan has reached a record high in fiscal year 2024-25, driven by enforcement measures, legal reforms and increased taxpayer awareness, according to official data.
(more…) -

FBR power to arrest traders reduced, Kayani confirms reform drive
KARACHI, April 18, 2026 – Minister of State for Finance Bilal Azhar Kayani said on Saturday that the arrest powers of Federal Board of Revenue (FBR) officials have been significantly curtailed as part of wider tax and regulatory reforms aimed at improving Pakistan’s business climate.
(more…) -

FBR reports 163% surge in tax collection from petroleum products
Karachi, April 18, 2026 – Pakistan’s Federal Board of Revenue (FBR) said on Saturday that withholding income tax collection from petroleum products rose by 163% over the past five years, driven largely by higher fuel prices and increased consumption.
(more…) -

PRA registers 33% jump in March tax collection
The Punjab Revenue Authority (PRA) reported a 33% increase in sales tax collection on services in March 2026, driven by improved enforcement and expanded taxpayer coverage, according to an official statement on Friday.
(more…) -

Faisalabad Customs highlights benefits of Export Facilitation Scheme
Pakistan Customs officials on Friday said exporters are being extended the same facilitation at Faisalabad Dry Port as available in Karachi under the Export Facilitation Scheme (EFS), urging the business community to fully utilise the system to improve trade efficiency and competitiveness.
(more…) -

Kayani urges traders to register, file taxes to widen tax base
ISLAMABAD, April 17, 2026 — Minister of State for Finance and Railways Bilal Azhar Kayani on Friday urged traders across Pakistan to ensure tax registration and timely filing, calling it essential for broadening the country’s narrow tax base and strengthening fiscal stability.
(more…) -

Islamabad Customs to auction confiscated vehicles on April 22
ISLAMABAD, April 17, 2026 — The Collectorate of Customs Enforcement, Islamabad has announced a public auction of confiscated vehicles scheduled for April 22, offering a wide range of cars and SUVs seized in enforcement operations, officials said on Friday.
(more…)
