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Tag: FBR

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.

PBC Proposals

FBR signals flexibility as super tax recovery may be spread over installments

February 5, 2026February 5, 2026Mrs. Anjum Shahnawaz

Islamabad, February 4, 2026: In a significant conciliatory gesture toward the corporate sector, Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial has announced that the revenue authority is prepared to recover super tax liabilities through installment-based mechanisms on a case-by-case basis, easing concerns over abrupt enforcement.

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pakistan customs

FBR notifies key amendments to export facilitation scheme rules

February 4, 2026February 4, 2026Shahnawaz Akhter

Islamabad, February 4, 2026 – The Federal Board of Revenue (FBR) on Wednesday announced important amendments to the Customs Rules, 2001, introducing changes to the Export Facilitation Scheme (EFS) aimed at improving operational flexibility for exporters.

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Port Activity 1

FBR unveils new auction procedure for shipborne scrap

February 4, 2026February 4, 2026Shahnawaz Akhter

Karachi, February 4, 2026 – The Federal Board of Revenue (FBR) on Wednesday introduced a detailed procedure for the auction of shipborne scrap, aiming to improve transparency and revenue collection at ports across Pakistan.

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FBR Pakistan Karachi

FBR issues Rs189 million tax demand against Sazgar motors

February 4, 2026February 4, 2026Faisal Shahnawaz

Karachi, February 4, 2026 – The Federal Board of Revenue (FBR) has raised a tax demand of Rs188.9 million against Sazgar Engineering Works Limited, the company confirmed in its half-yearly financial statement submitted to the Pakistan Stock Exchange (PSX) on Wednesday.

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pakistan customs

FBR imposes major penalty on customs inspector for possessing NCP vehicle

February 4, 2026February 4, 2026Shahnawaz Akhter

Islamabad, February 4, 2026 – The Federal Board of Revenue (FBR) has imposed a major penalty on a customs official after disciplinary proceedings established charges of unauthorized use of a Non-Customs Paid (NCP) vehicle and prolonged absence from duty.

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Tax Budget

Pakistan sets December 2026 deadline for large-scale tax simplification

February 4, 2026February 4, 2026Shahnawaz Akhter

Islamabad, February 4, 2026 – The Government of Pakistan has announced December 2026 as the target date to implement major initiatives aimed at simplifying the country’s tax system.

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FBR Image 01 New

Government to strip FBR of policymaking powers in major tax reform

February 4, 2026February 4, 2026Shahnawaz Akhter

ISLAMABAD – The Federal Government has announced plans to fundamentally restructure the nation’s fiscal landscape by establishing an independent Tax Policy Office (TPO) under the Ministry of Finance. To facilitate this shift, the government will introduce a landmark bill to amend the Federal Board of Revenue (FBR) Act, 2007 before June 2026.

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FBR Building

FBR raises Blue Area property values: Check new rates for Islamabad

February 3, 2026February 3, 2026Shahnawaz Akhter

Islamabad: The Federal Board of Revenue (FBR) has issued updated valuation tables for immovable commercial properties located in Blue Area, Islamabad, one of Pakistan’s most expensive and high-value commercial zones.

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Tax Budget

What Is a Tax Clearance Certificate? Must-Know If Leaving Pakistan

February 3, 2026February 3, 2026Shahnawaz Akhter

If you are permanently leaving Pakistan, obtaining a Tax Clearance Certificate (TCC) is not optional—it is a legal requirement under Pakistan’s income tax law.

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FBR Blue

FBR Income Tax Refund 2026: How to Apply & Get Paid Back (2026 Guide)

February 3, 2026February 3, 2026Shahnawaz Akhter

Many taxpayers in Pakistan pay excess income tax but never claim their refunds—mostly due to lack of awareness about the procedure. Under Section 170 of the Income Tax Ordinance, 2001 (updated for Tax Year 2026), taxpayers are legally entitled to a refund of excess tax paid.

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  • Lucky Motors Slashes Peugeot 2008 Prices by Up to Rs 1.3 Million
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