FBR Archives - Page 5 of 571

FBR Revises Customs Values of Fire Alarm System Parts After Under-Invoicing Detection

May 4, 2026May 4, 2026Shahnawaz Akhter

Karachi, May 4, 2026 – The Federal Board of Revenue has revised customs values of fire alarm system parts following the detection of under-invoicing by importers.

Karachi chamber backs FBR monitoring of jewelers, warns against harassment

May 1, 2026May 1, 2026Shahnawaz Akhter

KARACHI, May 1, 2026– The Karachi Chamber of Commerce and Industry has backed the monitoring of jewelers’ business transactions by the Federal Board of Revenue, while cautioning against harassment by tax officials.

FBR braces for historic tax shortfall in FY2025-26

May 1, 2026May 1, 2026Shahnawaz Akhter

Islamabad, May 1, 2026: The Federal Board of Revenue (FBR) is heading toward a historic shortfall in tax collection for the fiscal year 2025-26 after missing its revenue targets during the first ten months (July–April).

Karachi Retailers Pay Rs6.25 Billion Income Tax in FY25

April 30, 2026April 30, 2026Shahnawaz Akhter

Karachi, April 30, 2026 — Retailers in Karachi contributed Rs6.25 billion in income tax during fiscal year 2024-25, marking a significant increase in tax collection, according to data released by the Federal Board of Revenue (FBR).

FBR lodges FIR against gold jewelers in Lahore amid tax monitoring dispute

April 29, 2026April 29, 2026Mrs. Anjum Shahnawaz

Lahore, April 29, 2026 — The Federal Board of Revenue (FBR) has lodged a First Information Report (FIR) against gold jewelers in Lahore after its officials faced resistance during a tax monitoring drive in the city’s major bullion markets.

Senate seeks data on dual nationality of FBR officers

April 28, 2026April 28, 2026Shahnawaz Akhter

ISLAMABAD, April 28, 2026 – Pakistan’s Senate has sought detailed information on federal tax officers holding dual nationality, directing the Federal Board of Revenue (FBR) to compile and submit comprehensive data for review by a parliamentary panel.

Pakistan may remove 1% import tax relief in major policy shift

April 27, 2026April 27, 2026Shahnawaz Akhter

ISLAMABAD, April 27, 2026 – Pakistan is considering scrapping concessional income tax rates on a wide range of imported goods as part of efforts to raise revenues in the federal budget for 2026-27, according to officials in the finance ministry.

FBR clarifies tax relief for builders under special regime

April 27, 2026April 27, 2026Shahnawaz Akhter

Karachi, April 27, 2026 – The Federal Board of Revenue (FBR) has issued a clarification regarding the applicability of advance tax on property transactions for builders and developers operating under a special tax regime, aiming to ease their financial burden and address industry concerns.

FBR unveils plan to eliminate tax evasion completely

April 27, 2026April 27, 2026Mrs. Anjum Shahnawaz

FAISALABAD: Pakistan’s tax authorities are aiming to eliminate tax evasion and the long-standing issue of non-filers through sweeping reforms and digital transformation within the Federal Board of Revenue (FBR), senior officials said on Sunday.

KTBA raises voice for high earners amid FBR super tax surcharge action

April 24, 2026April 24, 2026Shahnawaz Akhter

Karachi, April 24, 2026 – The Karachi Tax Bar Association (KTBA) has strongly defended high-income taxpayers against default surcharge proceedings initiated by the Federal Board of Revenue (FBR), raising concerns over legality, fairness, and economic impact.

Tag: FBR