Government raises FBR allocation by 11% to strengthen tax administration, digitalization and revenue collection efforts
(more…)Tag: Federal Board of 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.
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FBR forgoes Rs1.52trn sales tax on POL products due to petroleum levy
Tax Expenditure Report 2026 says exemption on petroleum products remains one of Pakistan’s largest tax expenditures
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FBR grants Rs1.56bn sales tax exemptions on gold imports
Tax Expenditure Report 2026 highlights exemption under Entrustment Scheme to support value-added jewellery exports
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Automotive sector receives Rs258bn customs duty relief: FBR
Tax Expenditure Report 2026 shows automobile industry accounted for nearly 57% of total customs duty concessions in FY2024-25
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PM Shehbaz Sets FBR Revenue Target Above Rs15 Trillion for FY2026-27
Prime minister lauds record tax collection of Rs12.957 trillion and orders further digital reforms at FBR
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday set a revenue collection target of more than Rs15 trillion for the Federal Board of Revenue (FBR) in fiscal year 2026-27 after the tax authority achieved a record collection during the previous financial year.
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Social security sector tops income tax exemptions with Rs197bn relief: FBR report
Tax Expenditure Report 2026 identifies social security, pensions and the financial sector as the largest beneficiaries of income tax concessions
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Tax exemptions cost Pakistan Rs2.35trn, equal to 2.07% of GDP
Tax Expenditure Report 2026 adopts IMF- and OECD-aligned methodology to provide a more accurate estimate of revenue foregone
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FBR raises withholding tax on various services to 7%
Finance Act 2026 increases withholding tax from 6% to 7% on a broad range of service payments
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FBR collects nearly Rs4.70 trillion as import taxes in FY26
Pakistan Customs posts record June collections as annual import tax revenue rises 13.6% to Rs4.69 trillion
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FBR publishes banks’ access statistics for public servants’ asset declarations
2,205 requests approved under AML/CFT portal as FBR meets IMF transparency benchmark
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