KARACHI, April 17, 2026 —Minister of State for Finance, Bilal Azhar Kayani, will hold a series of meetings with business leaders in Karachi over the weekend to discuss key taxation issues ahead of the federal budget for 2026–27, officials said on Friday.
(more…)Tag: FBR
FBR, Pakistan’s national tax collecting agency, plays a crucial role in the country’s economy. Pakistan Revenue is committed to providing readers with the latest updates and developments regarding FBR activities.
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FBR probe exposes large-scale corruption in Pakistan Customs
Karachi, April 16, 2026 — A sweeping investigation by the Federal Board of Revenue (FBR) has uncovered large-scale corruption within Pakistan Customs, resulting in strict disciplinary action against multiple officials, according to official notifications issued on Thursday.
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FBR imposes major penalty on customs officer over ‘living beyond means’ finding
ISLAMABAD, April 16, 2026 — The Federal Board of Revenue (FBR) has imposed a major penalty of compulsory retirement on a Pakistan Customs intelligence officer after disciplinary proceedings concluded that he was living beyond his known sources of income, according to an official notification issued on Thursday.
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FBR issues new fair market values for Islamabad properties
ISLAMABAD, April 16, 2026 — The Federal Board of Revenue (FBR) on Thursday issued revised fair market values for immovable properties in Islamabad, in a move aimed at tightening tax compliance and aligning property valuations with prevailing market rates.
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FBR forms committee to strengthen compliance risk framework
ISLAMABAD, April 16, 2026 — The Federal Board of Revenue (FBR) on Thursday constituted a technical committee to review and strengthen its Compliance Risk Management (CRM) framework, aiming to improve tax enforcement efficiency and detect high-risk cases more effectively.
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FBR clarifies tax rules for builders and developers under Section 7F regime
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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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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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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