Get the latest FBR news, tax updates, income tax, sales tax, customs, notifications, and policies from the Federal Board of Revenue.
Pakistan plans fresh revenue measures as FBR faces likely shortfall in FY26 collections
Pakistan’s government is expected to introduce around 430 billion rupees in new tax measures in the federal budget for 2026–27 (FY27) as it seeks to strengthen revenues amid pressure from lower-than-targeted collections, according to official documents.
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Revised valuation tables issued through SRO 876(I)/2026 cover multiple DHA phases and commercial sectors in Lahore
The Federal Board of Revenue (FBR) has revised property valuation tables for Nishtar Town, Lahore, for the purpose of determining withholding tax collection on property transactions.
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Tax authority opens LTOs, MTOs, CTOs and RTOs on May 23–24 amid revenue shortfall pressure
The Federal Board of Revenue (FBR), Pakistan’s tax authority, has converted the upcoming weekend into working days for tax offices as it steps up efforts to improve revenue collection amid growing pressure to meet its annual target.
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Tax body urges FBR to launch IRIS test environment and extend consultation period for 2026 return forms
The Karachi Tax Bar Association (KTBA) has urged Pakistan’s tax authority to introduce pilot testing of income tax return forms for Tax Year 2026 before formal rollout, citing technical, formatting, and procedural concerns.
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Tax authority expands digital monitoring system to textiles, beverages and major industrial sectors
The Federal Board of Revenue expects to collect an additional Rs48 billion in tax revenue during fiscal year 2026-27 through expanded production monitoring systems across key industrial sectors, according to official documents.
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Tax authority expands CRM-based audit system to boost compliance and revenue collection
The Federal Board of Revenue plans to hire an additional 396 private auditors by the end of June 2026 to strengthen tax scrutiny and improve compliance monitoring, according to official sources.
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Large Taxpayers Office posts 10% growth in net revenue amid strong direct tax performance
The Large Taxpayers Office (LTO) Karachi has reported record revenue collection of nearly Rs3 trillion during the first 10 months of fiscal year 2025-26, marking its highest-ever performance for the period, according to official data.
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Service providers in ICT directed to adopt electronic invoicing system under new order
The Federal Board of Revenue (FBR) has made Point of Sale (POS) integration with its computerized system mandatory for service providers operating in the Islamabad Capital Territory (ICT), according to a new general order issued on Monday.
(more…)Pakistan commits to stricter enforcement of digital invoicing under IMF-backed reforms
The Federal Board of Revenue (FBR) is set to propose stricter penalties for taxpayers failing to comply with digital sales tax invoicing requirements in the upcoming Finance Bill 2026, as part of Pakistan’s commitments under reforms linked to the International Monetary Fund.
(more…)Tax authority plans broader reforms to strengthen compliance and expand tax base
The Federal Board of Revenue (FBR) will develop new audit selection parameters aimed at improving revenue collection and broadening Pakistan’s tax base as the country faces persistent tax shortfalls, officials said.
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