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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Gold Traders Asked to Pay 30% Higher Income Tax Than Last Year
FBR and jewellers agree to strengthen tax compliance and establish liaison representatives at Regional Tax Offices KARACHI: Gold traders across Pakistan have been advised to pay 30% higher income tax than the previous year as part of efforts to improve tax compliance following discussions between the jewellery industry and the Federal Board of Revenue (FBR).
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FBR gets Rs85.6 billion for FY27 salaries and operations
Government raises FBR allocation by 11% to strengthen tax administration, digitalization and revenue collection efforts
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FBR forgoes Rs1.52trn sales tax on POL products due to petroleum levy
Tax Expenditure Report 2026 says exemption on petroleum products remains one of Pakistan’s largest tax expenditures
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FBR grants Rs1.56bn sales tax exemptions on gold imports
Tax Expenditure Report 2026 highlights exemption under Entrustment Scheme to support value-added jewellery exports
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Automotive sector receives Rs258bn customs duty relief: FBR
Tax Expenditure Report 2026 shows automobile industry accounted for nearly 57% of total customs duty concessions in FY2024-25
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PM Shehbaz Sets FBR Revenue Target Above Rs15 Trillion for FY2026-27
Prime minister lauds record tax collection of Rs12.957 trillion and orders further digital reforms at FBR ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday set a revenue collection target of more than Rs15 trillion for the Federal Board of Revenue (FBR) in fiscal year 2026-27 after the tax authority achieved a record collection during the previous…
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Social security sector tops income tax exemptions with Rs197bn relief: FBR report
Tax Expenditure Report 2026 identifies social security, pensions and the financial sector as the largest beneficiaries of income tax concessions
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Tax exemptions cost Pakistan Rs2.35trn, equal to 2.07% of GDP
Tax Expenditure Report 2026 adopts IMF- and OECD-aligned methodology to provide a more accurate estimate of revenue foregone
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FBR raises withholding tax on various services to 7%
Finance Act 2026 increases withholding tax from 6% to 7% on a broad range of service payments
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Aurangzeb Applauds FBR for Achieving FY2025-26 Revenue Target
Senator Muhammad Aurangzeb credits tax reforms, digital transformation, and FBR officials for record revenue collection and improved fiscal stability.
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