Pakistan Revenue
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.
FTO directs FBR to withdraw penalties imposed on NBP manager The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to withdraw penalties imposed on a National Bank of Pakistan (National Bank of Pakistan) branch manager, ruling that the action amounted to maladministration and administrative excess.
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ICAP proposes monthly CNIC-linked banking data reporting and AI-driven analysis to help FBR detect undeclared income and improve tax compliance The Institute of Chartered Accountants of Pakistan (ICAP) has called for the Federal Board of Revenue (FBR) to significantly expand its use of banking data, recommending monthly digital transaction reporting to improve tax compliance and […]
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Updated valuation expected to impact import duties and tyre pricing across Pakistan KARACHI, June 6, 2026 — The Federal Board of Revenue (FBR) has revised the customs values of imported tyres and tubes for passenger vehicles, a move expected to affect import duties and overall pricing in Pakistan’s automotive sector.
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New tax facilitation initiative offers incentives and simplified compliance, but success will depend on enforcement and long-term participation Pakistan’s latest Tax Facilitation Scheme for small traders arrives with promises that have become familiar over the years: broadening the tax base, simplifying compliance and encouraging voluntary registration of millions of retailers operating outside the formal economy. […]
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The Federal Board of Revenue (FBR) has dismissed a customs appraising officer from service after disciplinary proceedings found him guilty of inefficiency and misconduct in an LED TV import case that could have caused a significant loss to the national exchequer.
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FBR converts proposed major penalty into minor disciplinary action, reinstates officer with conditions ISLAMABAD, June 4, 2026 — The Federal Board of Revenue (FBR) has cleared a Pakistan Customs inspector posted in Lahore in a corruption-related disciplinary case, converting a previously recommended major penalty into a minor punishment after departmental review.
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New 20-acre facility in Karachi to enhance cargo handling and customs clearance capacity for imports and exports ISLAMABAD, June 4, 2026 — The Federal Board of Revenue (FBR) has declared M/s International Cargo Terminal Pakistan (Pvt) Ltd. (ICTPL), Karachi, as an off-dock customs terminal for the clearance of import and export consignments, a move aimed […]
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Beverage manufacturers directed to install real-time production monitoring systems by June 30, 2026 ISLAMABAD, June 4, 2026 — The Federal Board of Revenue (FBR) has launched an electronic production monitoring regime for manufacturers of aerated waters and beverages across Pakistan, requiring all registered producers to install the prescribed monitoring infrastructure by June 30, 2026.
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Ombudsman says tax deposits cannot be taken without legal assessment; orders FBR to ensure due process and transparency in inquiry proceedings The Federal Tax Ombudsman (FTO) has held that obtaining tax deposits during inquiry proceedings without first determining liability through lawful assessment procedures constitutes maladministration and violates principles of due process and fair administration.
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Former PSP officer to head key body tasked with identifying and confiscating assets held through proxy ownership under Benami law The federal government has appointed retired BS-22 Police Service of Pakistan officer B.A. Nasir as Chairperson of the Benami Adjudicating Authority, according to a notification issued by the Federal Board of Revenue (FBR).
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