FBR issues draft customs marine bunkering rules to regulate fuel supply to foreign vessels
Draft rules introduce electronic system, licensing and strict monitoring for bunker fuel operations at Pakistani ports
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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.
Draft rules introduce electronic system, licensing and strict monitoring for bunker fuel operations at Pakistani ports
Continue ReadingNew valuation ruling aims to address under-invoicing concerns in imports of diesel engines for generators.
Continue ReadingNew PRAL Facilitation Desk at LTO Karachi to Simplify Digital Tax Services for Businesses
Continue ReadingNew disclosure rules require tax and customs officers to declare foreign nationality, travel documents and family details within 90 days. ISLAMABAD: The Federal Board of Revenue (FBR) has initiated a comprehensive scrutiny of foreign travel history and foreign nationality status of officials serving in the Inland Revenue Service (IRS) and Pakistan Customs Service (PCS) under […]
Continue ReadingHonda Atlas Cars Pakistan reports tax contingencies exceeding Rs17 billion amid ongoing legal battles with tax authorities KARACHI: Honda Atlas Cars (Pakistan) Limited has disclosed tax contingencies exceeding Rs17 billion in disputes with the Federal Board of Revenue (FBR), according to its Annual Report 2026.
Continue ReadingNew valuation ruling includes .22 and .222 calibre ammunition and updates customs values based on market trends. ISLAMABAD: The Federal Board of Revenue (FBR) has revised customs values for imported ammunition through Valuation Ruling No. 2087/2026, updating duty assessment rates for various calibres and origins of cartridges.
Continue ReadingSalary tax collections drop year-on-year as debate grows over relief for salaried class in upcoming budget ISLAMABAD: The Federal Board of Revenue (FBR) collected over Rs518 billion in salary tax during the first eleven months (July–May) of fiscal year 2025-26 (11MFY26), reflecting a decline of around 6 per cent on a year-on-year basis.
Continue ReadingIMF urges Pakistan to expand retailer registration and restrict certain transactions to tax filers ISLAMABAD: The Federal Board of Revenue (FBR) is set to intensify efforts to bring undocumented retailers into the tax net by monitoring high-value transactions under a newly introduced retailer registration scheme, sources said.
Continue ReadingKarachi Chamber calls for phased implementation of e-bilty system amid concerns over digital infrastructure shortcomings The Karachi Chamber of Commerce and Industry (KCCI) has identified persistent internet disruptions and inadequate digital infrastructure as major obstacles to the smooth implementation of the Federal Board of Revenue’s (FBR) e-bilty system, urging the government to reconsider its approach […]
Continue ReadingKarachi Chamber calls for business-friendly tax reforms, digital verification and an end to disruptive enforcement practices The Karachi Chamber of Commerce and Industry (KCCI) has urged the government to abolish the Federal Board of Revenue’s (FBR) authority to freeze bank accounts, arguing that the practice disrupts business operations and undermines taxpayer confidence.
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