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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.

FBR - Taxation

Can FBR officials break into a building for tax recovery?

February 7, 2026February 7, 2026Shahnawaz Akhter

Many taxpayers often ask whether officials of the Federal Board of Revenue (FBR) are legally allowed to break into a building during tax recovery proceedings. The answer lies in Rule 148 of the Income Tax Rules, 2002 (amended up to November 24, 2026), which clearly defines the scope and conditions of such authority.

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FBR Blue

Can FBR Commissioner Issue a Warrant of Arrest for a Tax Defaulter?

February 5, 2026February 5, 2026Shahnawaz Akhter

Yes — a Commissioner Inland Revenue of the Federal Board of Revenue (FBR) is legally empowered to issue a warrant of arrest against a tax defaulter under Rule 183 of the Income Tax Rules, 2002, as amended up to November 24, 2023.

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FBR White

How FBR Will Value Undisclosed Immovable Property in Pakistan

February 5, 2026February 5, 2026Shahnawaz Akhter

If you have concealed immovable property that is later detected by the Federal Board of Revenue (FBR), the tax authorities are legally empowered to determine its value under the Income Tax Rules, 2002, as amended up to November 24, 2023.

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PBC Proposals

FBR signals flexibility as super tax recovery may be spread over installments

February 5, 2026February 5, 2026Mrs. Anjum Shahnawaz

Islamabad, February 4, 2026: In a significant conciliatory gesture toward the corporate sector, Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial has announced that the revenue authority is prepared to recover super tax liabilities through installment-based mechanisms on a case-by-case basis, easing concerns over abrupt enforcement.

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pakistan customs

FBR notifies key amendments to export facilitation scheme rules

February 4, 2026February 4, 2026Shahnawaz Akhter

Islamabad, February 4, 2026 – The Federal Board of Revenue (FBR) on Wednesday announced important amendments to the Customs Rules, 2001, introducing changes to the Export Facilitation Scheme (EFS) aimed at improving operational flexibility for exporters.

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Port Activity 1

FBR unveils new auction procedure for shipborne scrap

February 4, 2026February 4, 2026Shahnawaz Akhter

Karachi, February 4, 2026 – The Federal Board of Revenue (FBR) on Wednesday introduced a detailed procedure for the auction of shipborne scrap, aiming to improve transparency and revenue collection at ports across Pakistan.

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FBR Pakistan Karachi

FBR issues Rs189 million tax demand against Sazgar motors

February 4, 2026February 4, 2026Faisal Shahnawaz

Karachi, February 4, 2026 – The Federal Board of Revenue (FBR) has raised a tax demand of Rs188.9 million against Sazgar Engineering Works Limited, the company confirmed in its half-yearly financial statement submitted to the Pakistan Stock Exchange (PSX) on Wednesday.

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pakistan customs

FBR imposes major penalty on customs inspector for possessing NCP vehicle

February 4, 2026February 4, 2026Shahnawaz Akhter

Islamabad, February 4, 2026 – The Federal Board of Revenue (FBR) has imposed a major penalty on a customs official after disciplinary proceedings established charges of unauthorized use of a Non-Customs Paid (NCP) vehicle and prolonged absence from duty.

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Tax Budget

Pakistan sets December 2026 deadline for large-scale tax simplification

February 4, 2026February 4, 2026Shahnawaz Akhter

Islamabad, February 4, 2026 – The Government of Pakistan has announced December 2026 as the target date to implement major initiatives aimed at simplifying the country’s tax system.

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FBR Image 01 New

Government to strip FBR of policymaking powers in major tax reform

February 4, 2026February 4, 2026Shahnawaz Akhter

ISLAMABAD – The Federal Government has announced plans to fundamentally restructure the nation’s fiscal landscape by establishing an independent Tax Policy Office (TPO) under the Ministry of Finance. To facilitate this shift, the government will introduce a landmark bill to amend the Federal Board of Revenue (FBR) Act, 2007 before June 2026.

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