Karachi, February 19, 2026 – Soneri Bank Limited has revealed significant tax contingencies in its 2025 annual report submitted to the Pakistan Stock Exchange (PSX), highlighting ongoing disputes with the Federal Board of Revenue (FBR) that could involve billions of rupees in potential liabilities.
(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 dividend tax collection soars 21% in first seven months
Islamabad, February 19, 2026 – The Federal Board of Revenue (FBR) has reported a 21% surge in income tax collection from dividends during the first seven months (July 2025–January 2026) of the current fiscal year (FY26) compared to the same period last year.
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FBR rolls out mandatory online integration for retailers, hospitals, schools
Islamabad, February 18, 2026 – The Federal Board of Revenue (FBR) on Wednesday issued a comprehensive list of businesses that are mandatorily required to integrate their operations with the FBR’s online system, aiming to enhance documentation, transparency, and tax compliance across multiple sectors.
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Retail tax collections surge as FBR rakes in 30% more revenue
Islamabad, February 17, 2026 — The Federal Board of Revenue (FBR) has recorded a 30 percent increase in withholding income tax collection from retailers during the first seven months (July to January) of the ongoing fiscal year 2025–26, according to official provisional data.
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Tax incentive on property purchases slides FBR collection by 29% in 7MFY26
Islamabad, February 16, 2026 – The Federal Board of Revenue (FBR) has reported a sharp 29% decline in advance income tax collection on immovable property purchases during the first seven months (July to January) of fiscal year 2025-26, following significant reductions in tax rates.
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Tax collection from brokerage and commission surges 20% in 7MFY26
Islamabad, February 15, 2026 – The Federal Board of Revenue (FBR) has reported a significant 20% increase in withholding tax collection from brokerage and commission during the first seven months (July to January) of fiscal year 2025-26.
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FBR collects Rs11 billion in advance tax on foreign card payments in 7MFY26
Islamabad, February 15, 2026 – The Federal Board of Revenue (FBR) has collected Rs11 billion as advance income tax on foreign payments made through credit cards, debit cards, and prepaid cards during the first seven months (July to January) of fiscal year 2025-26.
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Exporters pay over Rs103bn in taxes in just 7 months
Islamabad, February 14, 2026 — The Federal Board of Revenue (FBR) has collected over Rs103 billion from exporters during the first seven months (July to January) of the ongoing fiscal year 2025-26, according to provisional official data.
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FBR tax take slides Rs83bn as SBP interest rate cuts bite hard
Islamabad, February 13, 2026 — The Federal Board of Revenue (FBR) has reported a sharp Rs83.58 billion decline in tax collection under profit on debt during the first seven months (July–January) of FY26, primarily due to a steep cut in the benchmark interest rate that significantly reduced returns on bank deposits and government securities.
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FBR slashes Sialkot property rates, brings major tax relief
Islamabad, February 12, 2026 — The Federal Board of Revenue (FBR) has announced a significant reduction in property valuation rates for a specific area of Sialkot, aiming to align official values more closely with prevailing market conditions and ease the tax burden on buyers and sellers.
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