ISLAMABAD, April 15, 2026 —Federal Board of Revenue (FBR) on Wednesday issued revised guidelines for tax collection from builders and developers, aiming to address industry concerns over withholding tax applicability and ease liquidity pressures.
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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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PM Shehbaz unleashes crackdown on tax fraud and over-invoicing case
ISLAMABAD, April 15, 2026 – Prime Minister Muhammad Shehbaz Sharif on Wednesday ordered immediate legal action against individuals involved in illegal over-invoicing practices, directing authorities to strengthen enforcement and accountability within Pakistan’s tax and financial monitoring system.
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FBR sets new customs values for imported almonds
KARACHI, April 15, 2026 — The Federal Board of Revenue (FBR) has revised customs values for imported almonds in a move aimed at ensuring accurate duty collection and curbing under-invoicing, according to an official valuation ruling issued on Wednesday.
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SHC stays default surcharge recovery on super tax liability
KARACHI — The Sindh High Court (SHC) has granted interim relief to multiple taxpayers by staying the recovery of alleged default surcharge linked to super tax liabilities, in a development that could have significant implications for tax enforcement and litigation in Pakistan.
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Pakistan Customs arrests officers in alleged silver bullion swap case
KARACHI, April 13, 2026 – Pakistan Customs has arrested two of its preventive officers over alleged involvement in a major silver bullion scam, officials said on Monday, after a consignment transported for official deposit was found to contain fake material.
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FBR revamps KPIs for international taxation and information exchange
ISLAMABAD, April 13, 2026 –Federal Board of Revenue (Federal Board of Revenue) has introduced a sweeping overhaul of job descriptions and key performance indicators (KPIs) for officers engaged in international taxation and exchange of information functions, aiming to strengthen transparency, efficiency and compliance with global tax standards.
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FBR revises customs values for imported auto spare parts after 5 years
KARACHI, April 13, 2026 – Pakistan’s Federal Board of Revenue (Federal Board of Revenue) has issued revised customs valuation benchmarks for imported auto replacement parts, updating duty assessment values after more than five years to align with current global prices and market conditions.
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FBR collects over Rs12 billion in capital value tax on vehicles and properties
ISLAMABAD, April 13, 2026 – Pakistan’s Federal Board of Revenue (Federal Board of Revenue) collected more than Rs12.55 billion in capital value tax (CVT) on motor vehicles and immovable properties during fiscal year 2024-25, reflecting an annual growth of around 8%, official data showed on Monday.
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FBR sets April 24 deadline for asset declarations
ISLAMABAD, April 13, 2026 – Federal Board of Revenue (FBR) has directed its officers to submit pending asset and liability declarations by April 24, warning of disciplinary consequences for non-compliance, according to an official circular issued on Monday.
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FBR reports 42% drop in tax collection from builders, developers
Pakistan’s Federal Board of Revenue (FBR) reported a 42% decline in income tax collection from builders and developers during fiscal year 2025, reflecting weaker activity in the construction sector, according to official data.
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