Pakistan Revenue
The Federal Board of Revenue is Pakistan’s apex tax agency, overseeing tax collection and policies. Pakistan Revenue is committed to providing timely updates on the Federal Board of Revenue to its readers.
Islamabad, April 1, 2026 – The Federal Board of Revenue (FBR) has unveiled a draft taxation framework aimed at bringing Pakistani social media influencers into the formal tax net, targeting high-income earners who have largely remained undocumented.
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Islamabad, April 1, 2026 – In a landmark move to expand the tax net into the digital economy, the Federal Board of Revenue (FBR) has proposed the imposition of income tax on foreign social media content consumed in Pakistan. The proposal has been introduced through SRO 545(I)/2026, outlining draft amendments to the Income Tax Rules, […]
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Islamabad, April 1, 2026 – The Federal Board of Revenue (FBR) on Wednesday announced significant relief measures regarding withholding tax for property builders and developers, aiming to ease liquidity pressures and streamline tax compliance in the construction sector.
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The Federal Board of Revenue (FBR) has reported a significant shortfall in tax collection for March 2026, collecting Rs1,187 billion against the monthly target of Rs1,367 billion, sources said. This reflects a gap of Rs180 billion, highlighting ongoing fiscal pressures on Pakistan’s revenue system.
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Islamabad, March 31, 2026 – The Federal Board of Revenue (FBR) has introduced a comprehensive procedure for the use and disposal of confiscated vehicles with tampered chassis numbers through Customs General Order (CGO) No. 04 of 2026. The new policy, effective from April 1, 2026, aims to ensure transparency, uniformity, and accountability in handling such […]
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Islamabad, March 31, 2026 – The Federal Board of Revenue (FBR) has introduced a significant facilitation measure for taxpayers by allowing the cancellation, deletion, and editing of electronic sales tax invoices under defined conditions.
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Karachi, March 31, 2026 – The Federal Board of Revenue has issued a new valuation ruling to determine customs values for imported beverages of foreign brands, aiming to streamline duty and tax collection at the import stage.
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Karachi, March 30, 2026 – The Federal Board of Revenue (FBR) has issued fresh customs values for LED bulbs and tube lights through Valuation Ruling (VR) 2055/2026 to streamline import assessments and align them with prevailing market trends.
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Karachi, March 30, 2026 – The Federal Board of Revenue (FBR) has revised customs values of imported polyester fabrics through a new valuation ruling aimed at ensuring transparency and uniformity in duty assessment at the import stage.
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If you are a salaried individual earning above the threshold of Rs. 600,000 annually, understanding how the Federal Board of Revenue (FBR) calculates your income is essential for accurate tax return filing in tax year 2026.
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