Islamabad, March 16, 2026: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to ensure that taxpayers’ super tax liabilities are adjusted against their pending income tax refunds, terming the department’s refusal to do so arbitrary and discriminatory.
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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 constitutes committees to recommend promotions for Inland Revenue officials
Islamabad, March 16, 2026 – The Federal Board of Revenue (FBR) on Monday announced the formation of two departmental committees tasked with recommending promotions for officials within the Inland Revenue Service (IRS). The move aims to streamline the promotion process and recognize the performance of officers across various grades in the department.
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Who Is Guilty of Offence by a Company Under Income Tax Laws in Pakistan? (2026 Update)
Karachi, March 2026 – The Federal Board of Revenue (FBR) has clarified the liability of individuals responsible for offences committed by companies under the Income Tax Ordinance, 2001. The 2026 update emphasizes stricter accountability for company officials and members of associations of persons (AOPs).
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FBR vs JS Investments: Decades-long tax dispute highlights legal and currency challenges
Karachi, March 13, 2026 – JS Investments has been embroiled in a tax dispute with the Federal Board of Revenue (FBR) for over two decades, raising questions about the effectiveness of prolonged legal proceedings and the impact of currency depreciation on recoverable tax amounts.
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FBR to continue full operations despite government austerity measures
Islamabad, March 11, 2026 – The Federal Board of Revenue (FBR) has decided to continue working with full operational capacity despite austerity measures introduced by the federal government amid a petroleum crisis linked to regional tensions.
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Massive cash withdrawals drain Rs790 billion from Pakistan banks in January 2026
Karachi, March 11, 2026 – The State Bank of Pakistan has reported that large-scale cash withdrawals wiped out Rs790 billion from the country’s banking system in a single month, highlighting continued liquidity movement among depositors.
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PM Shehbaz orders FBR to offer digital tax services in Urdu and regional languages
Islamabad, March 11, 2026 – Prime Minister Shehbaz Sharif on Tuesday directed the Federal Board of Revenue (FBR) to provide digital tax services in Urdu and other regional languages to improve taxpayer accessibility and compliance. The move aims to make platforms like the Auto Tax System, Digital Invoicing System, IRIS, and other FBR applications more user-friendly for citizens across Pakistan.
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Langrial assures businesses of action against corrupt FBR officials
Islamabad, March 10, 2026 – Rashid Mahmood Langrial, chairman of the Federal Board of Revenue (FBR), has assured the business community that strict disciplinary action will be taken against tax officials involved in corruption or misconduct.
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FBR parks 60% vehicles, orders 50% staff to work from home under austerity
Islamabad, March 10, 2026 – The Federal Board of Revenue (FBR) has implemented strict austerity measures in line with the federal government’s recent directives amid the ongoing fuel crisis. Effective immediately, 60% of official vehicles have been parked, and 50% of staff have been directed to work from home.
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Is Foreign Investment Tax Exempt in Pakistan? What to Know in 2026
Foreign investors considering opportunities in Pakistan often ask whether their investment income is tax-exempt. In 2026, Pakistan provides significant tax incentives for certain foreign investments under the Income Tax Ordinance, 2001, particularly through Section 44A, which links tax exemptions to the Foreign Investment (Promotion and Protection) Act, 2022.
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