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.
(more…)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.
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FBR raises Blue Area property values: Check new rates for Islamabad
Islamabad: The Federal Board of Revenue (FBR) has issued updated valuation tables for immovable commercial properties located in Blue Area, Islamabad, one of Pakistan’s most expensive and high-value commercial zones.
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What Is a Tax Clearance Certificate? Must-Know If Leaving Pakistan
If you are permanently leaving Pakistan, obtaining a Tax Clearance Certificate (TCC) is not optional—it is a legal requirement under Pakistan’s income tax law.
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FBR Income Tax Refund 2026: How to Apply & Get Paid Back (2026 Guide)
Many taxpayers in Pakistan pay excess income tax but never claim their refunds—mostly due to lack of awareness about the procedure. Under Section 170 of the Income Tax Ordinance, 2001 (updated for Tax Year 2026), taxpayers are legally entitled to a refund of excess tax paid.
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How to Apply for a Tax Exemption Certificate in Pakistan (2026 Guide)
Getting a tax exemption certificate in Pakistan can significantly reduce your import costs—especially if you’re setting up or expanding an industrial undertaking. Under Section 159 of the Income Tax Ordinance, 2001 (updated for Tax Year 2026), eligible taxpayers can apply for exemption from collection of tax at source on imports.
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FBR issues SRO 163 to notify new property valuation tables for Islamabad
Islamabad, February 2, 2026 – The Federal Board of Revenue (FBR) has issued SRO 163(I)/2026, formally notifying revised property valuation tables for Islamabad, aimed at aligning official values with prevailing market rates.
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How to Apply for Registration as an Income Tax Practitioner with FBR
Becoming a registered Income Tax Practitioner (ITP) in Pakistan requires following the Federal Board of Revenue (FBR) guidelines under Income Tax Rules, 2002 (updated November 24, 2023). This registration enables practitioners to handle tax matters on behalf of clients legally.
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FBR to set up central control unit for digital monitoring across industries
Islamabad, February 2, 2026 — The Federal Board of Revenue (FBR) has announced plans to establish a Central Control Unit (CCU) aimed at monitoring indicators generated by its various digital interventions.
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FBR Obtains These Details of Property Buyers and Sellers in Pakistan
The Federal Board of Revenue (FBR) is lawfully collecting detailed information about property buyers and sellers to match wealth declarations, detect under-reported income, and broaden Pakistan’s tax base.
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How FBR Gathers Information of Motor Vehicle Buyers in Pakistan
The Federal Board of Revenue (FBR) is legally empowered to collect detailed information about motor vehicle buyers and lessees under the Income Tax Rules, 2002, amended up to November 24, 2023, as part of its efforts to examine wealth declarations and broaden the tax base.
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