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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.

Tax Budget

LTO Islamabad delegates powers to speed up tax assessments

March 26, 2026March 26, 2026Shahnawaz Akhter

Islamabad, March 26, 2026 – The Large Taxpayers Office Islamabad (LTO Islamabad) has delegated key powers to Inland Revenue (IR) officers to accelerate the assessment and processing of taxpayer cases, aiming to improve efficiency and reduce delays in tax administration.

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FBR White

FBR extends sugar import tax relief under new SRO 527

March 19, 2026March 19, 2026Shahnawaz Akhter

Karachi, March 19, 2026 – The Federal Board of Revenue has issued SRO 527(I)/2026, extending the sales tax exemption and concessional rates on the import of white crystalline sugar in a move aimed at stabilizing domestic prices and ensuring adequate supply in the market.

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pakistan customs

FBR tightens cargo rules: Shipping lines and GHAs now liable

March 19, 2026March 19, 2026Shahnawaz Akhter

Islamabad, March 19, 2026 – The Federal Board of Revenue (FBR) has amended the International Transshipment Rules through SRO 517(I)/2026, introducing stricter regulations for the movement of transshipment cargo. The updated rules aim to enhance accountability, prevent pilferage, and ensure proper payment of duties and taxes.

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FBR - Taxation

FBR rolls out major relief for exporters under EFS

March 19, 2026March 19, 2026Shahnawaz Akhter

Karachi, March 19, 2026 – The Federal Board of Revenue (FBR) has announced new relief measures under the Export Facilitation Scheme (EFS), aiming to ease compliance and improve liquidity for exporters, trade, and industry.

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Port Qasim Activity

FBR grants DP World 16.9 acres at Port Qasim amid Iran war

March 18, 2026March 18, 2026Shahnawaz Akhter

Karachi, March 18, 2026 – The Federal Board of Revenue (FBR) has granted a special storage facility to DP World at Port Qasim to handle international transshipment cargo, citing the ongoing crisis linked to the Iran war and heightened tensions in the Gulf region.

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FBR Image 01 New

FBR Moves Constitutional Court Over PHC Order on Tobacco Firms

March 17, 2026March 17, 2026Mrs. Anjum Shahnawaz

Islamabad – The Federal Board of Revenue (FBR) has approached the Federal Constitutional Court (FCC), challenging a decision of the Peshawar High Court (PHC) that ordered the de-sealing of three tobacco manufacturing companies in Khyber Pakhtunkhwa.

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Inland Revenue Service

FBR constitutes committees to recommend promotions for Inland Revenue officials

March 16, 2026March 16, 2026Shahnawaz Akhter

Islamabad, March 16, 2026 – The Federal Board of Revenue (FBR) on Monday announced the formation of two departmental committees tasked with recommending promotions for officials within the Inland Revenue Service (IRS). The move aims to streamline the promotion process and recognize the performance of officers across various grades in the department.

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FBR Pakistan Karachi

Who Is Guilty of Offence by a Company Under Income Tax Laws in Pakistan? (2026 Update)

March 16, 2026March 16, 2026Shahnawaz Akhter

Karachi, March 2026 – The Federal Board of Revenue (FBR) has clarified the liability of individuals responsible for offences committed by companies under the Income Tax Ordinance, 2001. The 2026 update emphasizes stricter accountability for company officials and members of associations of persons (AOPs).

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FBR White

FBR vs JS Investments: Decades-long tax dispute highlights legal and currency challenges

March 13, 2026March 13, 2026Shahnawaz Akhter

Karachi, March 13, 2026 – JS Investments has been embroiled in a tax dispute with the Federal Board of Revenue (FBR) for over two decades, raising questions about the effectiveness of prolonged legal proceedings and the impact of currency depreciation on recoverable tax amounts.

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FBR Building

FBR to continue full operations despite government austerity measures

March 12, 2026March 12, 2026Shahnawaz Akhter

Islamabad, March 11, 2026 – The Federal Board of Revenue (FBR) has decided to continue working with full operational capacity despite austerity measures introduced by the federal government amid a petroleum crisis linked to regional tensions.

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