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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.

Tax Budget

Withholding tax on cash withdrawals soars 54% in December 2025

January 22, 2026January 22, 2026Shahnawaz Akhter

Islamabad, January 21, 2026 – The Federal Board of Revenue (FBR) has recorded a significant increase in withholding tax collected on cash withdrawals from banking companies, reporting a 54% rise in December 2025 compared to the same month last year.

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FBR Image 01 New

Withholding tax on new cars jumps 51% in 1HFY26: FBR

January 22, 2026January 22, 2026Shahnawaz Akhter

Islamabad, January 21, 2026 – The Federal Board of Revenue (FBR) has reported a remarkable 51% increase in withholding tax collected from the sale of new cars during the first half of fiscal year 2025-26 (July–December), compared to the same period last year.

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pakistan customs

FBR notifies new customs valuation for USB flash drives, memory cards

January 21, 2026January 21, 2026Hamza Shahnawaz

Islamabad, January 21, 2026 – The Federal Board of Revenue (FBR) has officially notified revised customs values for USB data travelers, USB flash drives, and memory cards, applicable at the import stage for assessment of customs duty and taxes.

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FBR - Taxation

FBR reports 65% surge in tax collection from property sales in 1HFY26

January 21, 2026January 21, 2026Shahnawaz Akhter

Islamabad, January 21, 2026 – The Federal Board of Revenue (FBR) has recorded a significant 65% increase in tax collection from property sales during the first half (July–December) of fiscal year 2025-26 compared to the same period last year.

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FBR Blue

Explained: How FBR Can Declare Any Location in Pakistan as a Customs Station in 2026

January 21, 2026January 21, 2026Shahnawaz Akhter

The Federal Board of Revenue (FBR) has been legally empowered to declare any place in Pakistan as a customs station under the updated Customs Act, 1969, applicable for tax year 2026. This enhanced authority aims to improve trade facilitation, strengthen enforcement, and modernize customs operations across the country.

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FBR Pakistan Karachi

Salaried individuals contribute Rs267 billion in income tax during 1HFY26: FBR

January 21, 2026January 21, 2026Shahnawaz Akhter

Islamabad, January 21, 2026 — Salaried persons in Pakistan paid Rs267 billion as income tax during the first half of the current fiscal year 2025-26 (1HFY26), according to provisional figures released by the Federal Board of Revenue (FBR).

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Inland Revenue Service

FBR reshuffles 23 Inland Revenue officers to strengthen tax collection drive

January 20, 2026January 20, 2026Shahnawaz Akhter

Islamabad, January 20, 2026 – The Federal Board of Revenue (FBR) has carried out a major administrative reshuffle involving 23 officers of the Inland Revenue Service (IRS) as part of its ongoing efforts to enhance revenue collection and improve operational efficiency.

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pakistan customs

FBR issues new customs values for motorcycle parts under VR-2034/2026

January 20, 2026January 20, 2026Faisal Shahnawaz

Karachi, January 20, 2026 – The Federal Board of Revenue (FBR) has issued fresh customs values for imported motorcycle parts, including roller chains, chain kits, and related chain parts, for the assessment of duties and taxes.

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FBR Image 01 New

FBR reports nearly five-fold surge in capital gains tax amid PSX rally in 1HFY26

January 20, 2026January 20, 2026Shahnawaz Akhter

Karachi, January 20, 2026 – The Federal Board of Revenue (FBR) has reported an extraordinary rise in Capital Gains Tax (CGT) collection, posting nearly a five-fold increase during the first half (July–December) of the ongoing fiscal year 2025–26, driven by an unprecedented boom in the Pakistan Stock Exchange (PSX).

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FBR Blue

Procedure of Sales Tax Recovery Through Sale of Immovable Property (2026)

January 20, 2026January 20, 2026Shahnawaz Akhter

The Sales Tax Rules, 2006 (updated for tax year 2026) lay down a detailed legal mechanism for the Federal Board of Revenue (FBR) to recover defaulted sales tax through attachment and sale of immovable property. These rules aim to ensure transparency, due process, and protection of rights for defaulters, purchasers, and other affected parties.

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