Tag: FBR
Get the latest FBR news, tax updates, income tax, sales tax, customs, notifications, and policies from the Federal Board of Revenue.
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FTO asks FBR to adopt special protocol for actions disrupting businesses
Tax Ombudsman proposes stricter safeguards and supervisory oversight before enforcement actions that interrupt lawful business operations
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Karachi consumers pay over Rs26bn income tax through electricity bills in FY26
Advance income tax collection falls 23% as growing rooftop solar adoption reduces grid electricity consumption
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FBR collects nearly Rs139bn in capital gains tax from securities in FY26
Capital gains tax revenue surges 184% as record Pakistan Stock Exchange trading drives historic collections
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FBR begins assessment of staff shortages in Inland Revenue field formations
Tax authority seeks vacancy details for BS-01 to BS-15 posts to support recruitment and strengthen tax administration
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FTO orders RTO-II Karachi to unfreeze pensioner’s bank accounts
Tax Ombudsman declares recovery action maladministration, orders restoration of frozen accounts and disposal of pending tax appeal within 40 days.
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LTO Karachi shatters records by collecting Rs3.61 trillion in FY2025-26
FBR’s largest tax office posts record net revenue as direct taxes, sales tax and Federal Excise Duty collections register strong growth despite economic challenges.
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FBR revises FED rates on air travel services under updated Federal Excise Act
New federal excise duty structure applies to domestic and international air passenger travel under amended tax law
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FBR mandates brand licences for each SKU under updated Federal Excise Act
Unlicensed brands and stock keeping units to be treated as counterfeit goods liable to confiscation and destruction
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FBR notifies jurisdiction of CCIR at CTO-II Karachi
Tax authority assigns powers to Chief Commissioner and six Commissioners following the redesignation of MTO Karachi as CTO-II.
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FBR abolishes CTO Islamabad, renames MTO Karachi as CTO-II
Tax authority restructures Inland Revenue field formations by establishing RTO-II Lahore and reorganising corporate tax administration.
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