Tag: Federal Board of Revenue

Karachi, February 20, 2026 – Karachi, Pakistan’s financial and commercial hub, has generated over Rs15 billion in advance income tax collected through electricity bills during the first seven months (July to January) of fiscal year 2025-26, according to data from the Federal Board of Revenue (FBR).

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.

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.

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.

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.

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.

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.