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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Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
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FBR Chairman, Islamabad Chamber discuss super tax, refunds and POS integration
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 faces revenue shortfall in February amid IMF review talks
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 tightens noose around wealthy social media influencers over tax evasion
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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Tax bars flag super tax, SRO 350 issues; FBR chairman forms committee
Islamabad, February 27, 2026 – Representatives of leading tax bar associations on Friday raised serious concerns over the implementation of super tax and SRO 350(I)/2024 during a high-level meeting with Chairman Federal Board of Revenue (FBR), Rashid Mahmood Langrial, prompting the formation of a special committee to address taxpayers’ grievances.
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FBR orders Inland Revenue offices to operate full day on Saturday, February 28
Islamabad, February 27, 2026 – The Federal Board of Revenue (FBR) has directed all Inland Revenue (IR) offices to operate a full working day on Saturday, February 28, 2026, to facilitate collection of duties and taxes from taxpayers.
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FBR considers email as valid electronic address of taxpayer
Many taxpayers believe that ignoring an email from the Federal Board of Revenue (FBR) means they haven’t received a notice. Legally, this is not the case. The FBR is empowered to serve notices electronically, and emails sent to a taxpayer’s registered electronic address are considered valid under tax law.
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PRA intensifies crackdown on delayed tax payments in Lahore
Lahore – The Punjab Revenue Authority (PRA) has ramped up enforcement actions against businesses involved in delayed tax payments and record manipulation, signaling a zero-tolerance approach toward tax evasion.
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FBR sets new customs values for imported mineral and sparkling water
Karachi, February 26, 2026 — Federal Board of Revenue (FBR) has notified new customs values for imported mineral water and sparkling water to ensure uniform assessment of duties and taxes at the import stage. The revised values have been issued through Valuation Ruling No. 2049/2026 by the Directorate General of Customs Valuation, Karachi, under Section 25A of the Customs Act, 1969.
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SBP directs banks to facilitate February 2026 tax collection
Karachi, February 26, 2026: The State Bank of Pakistan (SBP) has issued instructions to commercial banks to assist taxpayers in the payment of government duties and taxes for February 2026. The circular, issued on Thursday, outlines special arrangements for both over-the-counter and digital payments to ensure smooth tax collection.
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