Wedding expenses are continuously rising due to inflation. Organizing a ceremony for relatives and loved ones—especially in a wedding hall or marquee—now also means bearing additional taxes along with venue rent. Do you know how much tax will be applicable on such events in tax year 2026? You must be aware.
(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 Security Breach: Taxpayer Hacked, National Revenue at Huge Risk
Karachi, January 7, 2026 – The Federal Board of Revenue (FBR) is facing severe scrutiny after yet another taxpayer reported his account hacked, exposing massive security flaws in the government’s online tax system. The incident, uncovered by the Federal Tax Ombudsman (FTO), highlights critical weaknesses that could threaten Pakistan’s national revenue.
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New scam rocks FBR: Taxpayers registered without mandatory SIM verification
Islamabad, January 6, 2026 — Even as the Federal Board of Revenue (FBR) tightens nooses around taxpayers to curb revenue leakages, a shocking scam has surfaced from within its own ranks, exposing serious cracks in Pakistan’s tax administration system.
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How FBR Promotes Local Entertainment Through Tax in 2026
Pakistan’s entertainment industry has long faced stiff competition from foreign TV dramas, dubbed serials, and advertisements featuring international actors. The growing presence of foreign content on local TV channels often discourages investment in local talent, writers, producers, and actors.
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Are You Planning to Sell Immovable Property in 2026? Must-Know Tax Rates
Are you thinking about buying or selling immovable property in Pakistan in 2026? 🏠
Before you finalize any deal, it is crucial to understand the advance tax structure imposed by the Federal Board of Revenue (FBR). Many buyers and sellers face unexpected costs simply because they are unaware of applicable tax rates.
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How Much Tax Is Payable on Property and Goods Bought Through Auction in 2026?
Many buyers are unaware that property or goods purchased through auction in Pakistan are subject to income tax. Under Section 236A of the Income Tax Ordinance, 2001, the Federal Board of Revenue (FBR) mandates the collection of advance tax at the time of sale by auction for tax year 2026.
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FBR Transfers Muhammad Saeed Watto as Customs Collector at Port Qasim
Karachi, January 5, 2026 — The Federal Board of Revenue (FBR) has announced the transfer of Muhammad Saeed Watto, a BS-20 officer of the Pakistan Customs Service, to the position of Collector at the Collectorate of Customs Appraisement, Port Muhammad Bin Qasim, Karachi. The transfer comes as part of a broader reshuffling of senior customs officers across key departments in the country.
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RTO Karachi seizes 1,800 sugar bags with fake TTS stamps
Karachi, January 5, 2026 — The Regional Tax Office (RTO)-II, Karachi, in collaboration with Inland Revenue Intelligence and Investigation (I&I), has confiscated 1,800 bags of sugar after intercepting trucks carrying counterfeit Track and Trace System (TTS) stamps during a major enforcement operation.
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How Much Tax Do You Pay on Telephone and Internet in 2026?
If you use mobile phones, landlines, or internet services in Pakistan, you are already paying advance income tax—often without realizing it. For tax year 2026, the Federal Board of Revenue (FBR) continues to collect this tax under Section 236 of the Income Tax Ordinance, 2001.
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Advance Tax on Electricity Consumption – FBR Rates for Tax Year 2026
The Federal Board of Revenue (FBR) has updated the advance income tax framework on electricity consumption for tax year 2026, affecting industrial, commercial, and certain domestic consumers across Pakistan.
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