Get the latest FBR news, tax updates, income tax, sales tax, customs, notifications, and policies from the Federal Board of Revenue.
Revenue shortfall nears Rs868 billion as tax authorities intensify enforcement efforts before fiscal year-end.
Taxpayers are likely to face heightened scrutiny in June as the Federal Board of Revenue (FBR) prepares an aggressive enforcement drive to maximize revenue collection and reduce a substantial shortfall before the close of fiscal year 2025-26.
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Medium Taxpayers’ Office Karachi surpasses revenue goal with strong income tax and sales tax growth, boosting FBR’s fiscal outlook.
The Medium Taxpayers’ Office (MTO) Karachi has exceeded its tax collection target for May 2026, achieving the milestone two days before month-end and delivering a strong boost to the Federal Board of Revenue’s (FBR) revenue performance ahead of the fiscal year close.
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FBR chairman Rashid Mahmood Langrial to assess tax collection performance and enforcement measures during key June visit.
Rashid Mahmood Langrial, Chairman of the Federal Board of Revenue (FBR), is scheduled to visit Karachi on June 1, 2026, to review tax collection performance and enforcement efforts during the final month of fiscal year 2025-26.
(more…)Tax offices to remain open on Saturday and Sunday as authorities move to boost revenue collection ahead of fiscal close.
The Federal Board of Revenue (FBR) has declared Saturday and Sunday, May 30 and 31, 2026, as normal working days for major tax offices across the country to facilitate taxpayers in the payment of duties and taxes.
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Newly notified area at South Asia Pakistan Terminal to be used for storage and handling of empty containers.
The Federal Board of Revenue (FBR) has declared an additional reclaimed area adjoining the South Asia Pakistan Terminal (SAPT) as a customs area for the storage and handling of empty containers.
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IMF asks Pakistan’s tax authority to provide comprehensive information on refund arrears to improve transparency and ease business liquidity pressures.
The International Monetary Fund has asked the Federal Board of Revenue to provide detailed information on pending tax refund claims as part of ongoing efforts to address liquidity pressures faced by businesses in Pakistan.
(more…)Commercial banks directed to remain open late on May 29-30 to facilitate duty and tax payments
The Federal Board of Revenue (FBR) has requested the State Bank of Pakistan (SBP) to extend banking hours on May 29 and 30, 2026 to facilitate the collection of government duties and taxes.
(more…)Revised valuation ruling covers wide range of toy imports amid changes in global prices and trade patterns
The Federal Board of Revenue (FBR) has issued fresh customs values for imported toys and toy parts to determine duties and taxes at the import stage.
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Strong market performance boosts tax revenue as CGT collection surges over 260% in 10MFY26
A strong rally at the Pakistan Stock Exchange has helped tax authorities collect nearly Rs109 billion in Capital Gains Tax (CGT) during the first 10 months of fiscal year 2025–26, official sources said.
(more…)Customs authorities revise valuation ruling for textile lining imports after decline in international market prices
The Federal Board of Revenue (FBR) has revised customs values for the import of textile lining and invisible coated lining fabric originating from China following changes in international market prices.
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