The Federal Board of Revenue (FBR) has issued a format for banks to provide account holders’ deposit details. Citizens with significant deposits should be prepared for scrutiny as part of the government’s effort to enhance tax compliance.
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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.
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Sindh shifts entire tax system to negative list tariff regime: SRB
Karachi, February 23, 2026 – The Sindh Revenue Board (SRB) has announced a major transformation of Sindh’s tax regime, moving from the Positive List of Tariff (PCT) to a Negative List Tariff regime in the current fiscal year 2025-26. This reform marks a significant step toward broadening the tax base and simplifying taxation of services across the province.
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Public auctions generate Rs9 billion in FBR tax revenue in 7MFY26
Islamabad, February 21, 2026 – The Federal Board of Revenue (FBR) has collected more than Rs9 billion as advance income tax from public auctions during the first seven months (July–January) of fiscal year 2025-26.
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FBR’s prize bond jackpot: Tax collections hit Rs5 billion
Islamabad, February 21, 2026 – The Federal Board of Revenue (FBR) has collected more than Rs5 billion as income tax from prize bond winnings during the first seven months (July–January) of the fiscal year 2025-26.
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APCAA urges FBR to pause point deductions amid mounting concerns
Karachi, February 20, 2026 — The All Pakistan Customs Agents Association (APCAA) has called for the immediate suspension of the Federal Board of Revenue (FBR)’s point scoring and deduction mechanism for licensed customs agents, urging authorities to recalibrate the system in consultation with key stakeholders before its continuation.
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FBR shuffles top high-profile 11 PCS officers in major transfer move
Islamabad, February 20, 2026 – The Federal Board of Revenue (FBR) on Friday announced the transfers and postings of high-profile officers of the Pakistan Customs Service (PCS) with immediate effect. The moves are aimed at enhancing operational efficiency and strengthening leadership across key customs departments nationwide.
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Deadline for CGT payment set for February 27, 2026: NCCPL
Karachi, February 20, 2026 – The National Clearing Company of Pakistan Limited (NCCPL) on Friday announced that February 27, 2026 has been set as the deadline for the payment of Capital Gain Tax (CGT) for transactions carried out during January 2026.
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Karachi lights up FBR revenue, pays over Rs15 billion via electricity bills
Karachi, February 20, 2026 – Karachi, Pakistan’s financial and commercial hub, has generated over Rs15 billion in advance income tax collected through electricity bills during the first seven months (July to January) of fiscal year 2025-26, according to data from the Federal Board of Revenue (FBR).
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FBR revises customs values for imported olives under VR 2045/2026
Karachi, February 19, 2026 — The Federal Board of Revenue (FBR) has revised the customs values of imported olives for the assessment of duties and taxes, issuing Valuation Ruling No. 2045/2026 through its Directorate General of Customs Valuation.
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Soneri Bank battles FBR over multi-billion tax disputes
Karachi, February 19, 2026 – Soneri Bank Limited has revealed significant tax contingencies in its 2025 annual report submitted to the Pakistan Stock Exchange (PSX), highlighting ongoing disputes with the Federal Board of Revenue (FBR) that could involve billions of rupees in potential liabilities.
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