Tag: FBR

Islamabad, November 27, 2025 – Prime Minister Shehbaz Sharif has approved a disciplinary penalty against a senior BS-20 Inland Revenue Service (IRS) officer after charges of inefficiency were proven during an official inquiry. The Prime Minister ordered that the officer’s annual increment be withheld for two years.

Islamabad, November 27, 2025 – The Federal Board of Revenue (FBR) has welcomed a landmark judgment by the Supreme Court of Pakistan reaffirming the confiscation of vehicles involved in transporting smuggled goods.

Islamabad, November 26, 2025 – The Federal Board of Revenue (FBR) has announced that Saturday, November 29, 2025, will be treated as a normal working day across all Inland Revenue field formations, despite it being a weekly holiday.

Karachi, November 26, 2025 – The Federal Board of Revenue (FBR) has officially lowered the customs values for nylon yarn imports, reflecting falling international market prices. The move comes as part of the FBR’s ongoing efforts to ensure fair and up-to-date valuation of imported goods.

Islamabad, November 26, 2025 – Thinking about investing in Pakistan’s industrial sector? There’s a powerful reason many companies find it appealing: generous tax credits that significantly reduce the cost of expansion and modernization.

Islamabad, November 26, 2025 – Pakistan continues to offer an important tax incentive aimed at boosting industrial activity and creating jobs across the country.

Islamabad, November 24, 2025 – The Federal Board of Revenue (FBR) has intensified its focus on cross-border taxation by assigning additional responsibilities to key officers within the Inland Revenue Service (IRS)

Karachi, November 24, 2025 – The Federal Board of Revenue (FBR) has outlined the rules and limits for tax credit on charitable donations for the tax year 2026 under the updated Income Tax Ordinance, 2021.

Islamabad, November 24, 2025 – The Federal Board of Revenue (FBR) announced significant improvements in Pakistan’s tax administration, crediting ongoing digitalization efforts for strengthening tax operations and enhancing taxpayer services.