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.
Honda Atlas Cars Pakistan reports tax contingencies exceeding Rs17 billion amid ongoing legal battles with tax authorities
KARACHI: Honda Atlas Cars (Pakistan) Limited has disclosed tax contingencies exceeding Rs17 billion in disputes with the Federal Board of Revenue (FBR), according to its Annual Report 2026.
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New valuation ruling includes .22 and .222 calibre ammunition and updates customs values based on market trends.
ISLAMABAD: The Federal Board of Revenue (FBR) has revised customs values for imported ammunition through Valuation Ruling No. 2087/2026, updating duty assessment rates for various calibres and origins of cartridges.
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Salary tax collections drop year-on-year as debate grows over relief for salaried class in upcoming budget
ISLAMABAD: The Federal Board of Revenue (FBR) collected over Rs518 billion in salary tax during the first eleven months (July–May) of fiscal year 2025-26 (11MFY26), reflecting a decline of around 6 per cent on a year-on-year basis.
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IMF urges Pakistan to expand retailer registration and restrict certain transactions to tax filers
ISLAMABAD: The Federal Board of Revenue (FBR) is set to intensify efforts to bring undocumented retailers into the tax net by monitoring high-value transactions under a newly introduced retailer registration scheme, sources said.
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Karachi Chamber calls for phased implementation of e-bilty system amid concerns over digital infrastructure shortcomings
The Karachi Chamber of Commerce and Industry (KCCI) has identified persistent internet disruptions and inadequate digital infrastructure as major obstacles to the smooth implementation of the Federal Board of Revenue’s (FBR) e-bilty system, urging the government to reconsider its approach in the upcoming Budget 2026-27.
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Karachi Chamber calls for business-friendly tax reforms, digital verification and an end to disruptive enforcement practices
The Karachi Chamber of Commerce and Industry (KCCI) has urged the government to abolish the Federal Board of Revenue’s (FBR) authority to freeze bank accounts, arguing that the practice disrupts business operations and undermines taxpayer confidence.
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FTO directs FBR to withdraw penalties imposed on NBP manager
The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to withdraw penalties imposed on a National Bank of Pakistan (National Bank of Pakistan) branch manager, ruling that the action amounted to maladministration and administrative excess.
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ICAP proposes monthly CNIC-linked banking data reporting and AI-driven analysis to help FBR detect undeclared income and improve tax compliance
The Institute of Chartered Accountants of Pakistan (ICAP) has called for the Federal Board of Revenue (FBR) to significantly expand its use of banking data, recommending monthly digital transaction reporting to improve tax compliance and curb Pakistan’s large informal economy.
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Updated valuation expected to impact import duties and tyre pricing across Pakistan
KARACHI, June 6, 2026 — The Federal Board of Revenue (FBR) has revised the customs values of imported tyres and tubes for passenger vehicles, a move expected to affect import duties and overall pricing in Pakistan’s automotive sector.
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New tax facilitation initiative offers incentives and simplified compliance, but success will depend on enforcement and long-term participation
Pakistan’s latest Tax Facilitation Scheme for small traders arrives with promises that have become familiar over the years: broadening the tax base, simplifying compliance and encouraging voluntary registration of millions of retailers operating outside the formal economy. While the initiative offers several attractive incentives, including a one-page declaration form, a fixed tax rate of one percent of turnover, exemption from Point of Sale (POS) requirements and protection from routine audits, it also revives an important question: why should this scheme succeed where numerous trader documentation drives have failed?
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