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.
FBR converts proposed major penalty into minor disciplinary action, reinstates officer with conditions
ISLAMABAD, June 4, 2026 — The Federal Board of Revenue (FBR) has cleared a Pakistan Customs inspector posted in Lahore in a corruption-related disciplinary case, converting a previously recommended major penalty into a minor punishment after departmental review.
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New 20-acre facility in Karachi to enhance cargo handling and customs clearance capacity for imports and exports
ISLAMABAD, June 4, 2026 — The Federal Board of Revenue (FBR) has declared M/s International Cargo Terminal Pakistan (Pvt) Ltd. (ICTPL), Karachi, as an off-dock customs terminal for the clearance of import and export consignments, a move aimed at strengthening logistics infrastructure and facilitating trade operations.
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Beverage manufacturers directed to install real-time production monitoring systems by June 30, 2026
ISLAMABAD, June 4, 2026 — The Federal Board of Revenue (FBR) has launched an electronic production monitoring regime for manufacturers of aerated waters and beverages across Pakistan, requiring all registered producers to install the prescribed monitoring infrastructure by June 30, 2026.
(more…)Former PSP officer to head key body tasked with identifying and confiscating assets held through proxy ownership under Benami law
The federal government has appointed retired BS-22 Police Service of Pakistan officer B.A. Nasir as Chairperson of the Benami Adjudicating Authority, according to a notification issued by the Federal Board of Revenue (FBR).
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Adviser says revised projections reflect macroeconomic changes, denies claims of fiscal shortfall or revenue crisis
Pakistan has revised downward the Federal Board of Revenue’s (FBR) tax collection target for fiscal year 2025-26 (FY26) to around Rs13 trillion, down from the original Rs14.13 trillion, according to the Finance Ministry adviser, who said earlier claims of a large revenue shortfall were misleading.
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Revenue shortfall nears Rs868 billion as tax authorities intensify enforcement efforts before fiscal year-end.
Taxpayers are likely to face heightened scrutiny in June as the Federal Board of Revenue (FBR) prepares an aggressive enforcement drive to maximize revenue collection and reduce a substantial shortfall before the close of fiscal year 2025-26.
(more…)Medium Taxpayers’ Office Karachi surpasses revenue goal with strong income tax and sales tax growth, boosting FBR’s fiscal outlook.
The Medium Taxpayers’ Office (MTO) Karachi has exceeded its tax collection target for May 2026, achieving the milestone two days before month-end and delivering a strong boost to the Federal Board of Revenue’s (FBR) revenue performance ahead of the fiscal year close.
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FBR chairman Rashid Mahmood Langrial to assess tax collection performance and enforcement measures during key June visit.
Rashid Mahmood Langrial, Chairman of the Federal Board of Revenue (FBR), is scheduled to visit Karachi on June 1, 2026, to review tax collection performance and enforcement efforts during the final month of fiscal year 2025-26.
(more…)Tax offices to remain open on Saturday and Sunday as authorities move to boost revenue collection ahead of fiscal close.
The Federal Board of Revenue (FBR) has declared Saturday and Sunday, May 30 and 31, 2026, as normal working days for major tax offices across the country to facilitate taxpayers in the payment of duties and taxes.
(more…)Newly notified area at South Asia Pakistan Terminal to be used for storage and handling of empty containers.
The Federal Board of Revenue (FBR) has declared an additional reclaimed area adjoining the South Asia Pakistan Terminal (SAPT) as a customs area for the storage and handling of empty containers.
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