Tag: FBR

Islamabad, February 15, 2026 – The Federal Board of Revenue (FBR) has collected Rs11 billion as advance income tax on foreign payments made through credit cards, debit cards, and prepaid cards during the first seven months (July to January) of fiscal year 2025-26.

Islamabad, February 13, 2026 — The Federal Board of Revenue (FBR) has reported a sharp Rs83.58 billion decline in tax collection under profit on debt during the first seven months (July–January) of FY26, primarily due to a steep cut in the benchmark interest rate that significantly reduced returns on bank deposits and government securities.

Islamabad, February 12, 2026 — The Federal Board of Revenue (FBR) has announced a significant reduction in property valuation rates for a specific area of Sialkot, aiming to align official values more closely with prevailing market conditions and ease the tax burden on buyers and sellers.

Islamabad, February 12, 2026 – Buyers of new motor cars have paid nearly Rs19 billion in advance income tax to the Federal Board of Revenue (FBR) during the first seven months (July 2025 – January 2026) of the current fiscal year.

Islamabad, February 12, 2026 – Non-filers of income tax returns or those not on the Active Taxpayers List (ATL) have contributed over Rs20 billion in withholding tax on cash withdrawals during the first seven months (July 2025 – January 2026) of the current fiscal year, according to officials from the Federal Board of Revenue (FBR).

Islamabad, February 11, 2026 – Marriage functions and social gatherings held across Pakistan generated Rs1.70 billion in income tax revenue for the Federal Board of Revenue (FBR) during the first seven months (July 2025 – January 2026) of the current fiscal year.

Islamabad, February 11, 2026 – The Federal Board of Revenue (FBR) has launched a new digital system for Sales Tax Withholding (STWH) on online goods. This step aims to improve tax compliance in Pakistan’s growing e-commerce sector.

Islamabad, February 10, 2026 – The Federal Board of Revenue (FBR) on Tuesday reported a sharp 21 percent decline in income tax collection on electricity consumption during the first seven months (July to January) of the ongoing fiscal year 2025-26, reflecting subdued economic activity and lower electricity usage by commercial and industrial consumers.