Federal Board of Revenue Archives

FBR notifies corporate tax rates for Tax Year 2027

Banking tax rate reduced to 42% as FBR confirms corporate income tax rates effective from July 1, 2026

New income tax slabs effective from July 1, 2026, include lower rates for salaried individuals and tax relief for pensioners

Revised income tax slabs effective from July 1, 2026, include up to 45% tax rate and concession for eligible professional firms

Ombudsman directs FBR to investigate courier records, Customs officials and possible nationwide fraud involving imported smartphones

New FBR scheme offers 1% turnover tax, simplified returns, audit relief and Green Plate recognition for eligible retailers

New committees led by retired judges will review tax litigation before references are filed in higher courts

Tax authority urges individuals, companies and AOPs to complete IRIS e-enrolment before filing annual income tax returns

Updated law outlines repayment of sales tax on production inputs and zero-rated supplies in Azad Jammu and Kashmir

Muhammad Aurangzeb urges FBR officers to leverage artificial intelligence as government accelerates tax reforms

Sales Tax Act clarifies tax liability on inherited estates and businesses operating under bankruptcy