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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 White

FBR introduces format for bank deposit reporting: What account holders should know

February 24, 2026February 24, 2026Shahnawaz Akhter

The Federal Board of Revenue (FBR) has issued a format for banks to provide account holders’ deposit details. Citizens with significant deposits should be prepared for scrutiny as part of the government’s effort to enhance tax compliance.

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FBR Image 01 New

Public auctions generate Rs9 billion in FBR tax revenue in 7MFY26

February 21, 2026February 21, 2026Shahnawaz Akhter

Islamabad, February 21, 2026 – The Federal Board of Revenue (FBR) has collected more than Rs9 billion as advance income tax from public auctions during the first seven months (July–January) of fiscal year 2025-26.

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FBR Pakistan Karachi

FBR’s prize bond jackpot: Tax collections hit Rs5 billion

February 21, 2026February 21, 2026Shahnawaz Akhter

Islamabad, February 21, 2026 – The Federal Board of Revenue (FBR) has collected more than Rs5 billion as income tax from prize bond winnings during the first seven months (July–January) of the fiscal year 2025-26.

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pakistan customs

FBR shuffles top high-profile 11 PCS officers in major transfer move

February 20, 2026February 20, 2026Shahnawaz Akhter

Islamabad, February 20, 2026 – The Federal Board of Revenue (FBR) on Friday announced the transfers and postings of high-profile officers of the Pakistan Customs Service (PCS) with immediate effect. The moves are aimed at enhancing operational efficiency and strengthening leadership across key customs departments nationwide.

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FBR Image 01 New

Karachi lights up FBR revenue, pays over Rs15 billion via electricity bills

February 20, 2026February 20, 2026Shahnawaz Akhter

Karachi, February 20, 2026 – Karachi, Pakistan’s financial and commercial hub, has generated over Rs15 billion in advance income tax collected through electricity bills during the first seven months (July to January) of fiscal year 2025-26, according to data from the Federal Board of Revenue (FBR).

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Tax Budget

Soneri Bank battles FBR over multi-billion tax disputes

February 19, 2026February 19, 2026Faisal Shahnawaz

Karachi, February 19, 2026 – Soneri Bank Limited has revealed significant tax contingencies in its 2025 annual report submitted to the Pakistan Stock Exchange (PSX), highlighting ongoing disputes with the Federal Board of Revenue (FBR) that could involve billions of rupees in potential liabilities.

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FBR White

FBR dividend tax collection soars 21% in first seven months

February 19, 2026February 19, 2026Shahnawaz Akhter

Islamabad, February 19, 2026 – The Federal Board of Revenue (FBR) has reported a 21% surge in income tax collection from dividends during the first seven months (July 2025–January 2026) of the current fiscal year (FY26) compared to the same period last year.

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FBR Pakistan Karachi

FBR rolls out mandatory online integration for retailers, hospitals, schools

February 18, 2026February 18, 2026Shahnawaz Akhter

Islamabad, February 18, 2026 – The Federal Board of Revenue (FBR) on Wednesday issued a comprehensive list of businesses that are mandatorily required to integrate their operations with the FBR’s online system, aiming to enhance documentation, transparency, and tax compliance across multiple sectors.

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FBR - Taxation

Retail tax collections surge as FBR rakes in 30% more revenue

February 17, 2026February 17, 2026Shahnawaz Akhter

Islamabad, February 17, 2026 — The Federal Board of Revenue (FBR) has recorded a 30 percent increase in withholding income tax collection from retailers during the first seven months (July to January) of the ongoing fiscal year 2025–26, according to official provisional data.

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FBR White

Tax incentive on property purchases slides FBR collection by 29% in 7MFY26

February 16, 2026February 16, 2026Shahnawaz Akhter

Islamabad, February 16, 2026 – The Federal Board of Revenue (FBR) has reported a sharp 29% decline in advance income tax collection on immovable property purchases during the first seven months (July to January) of fiscal year 2025-26, following significant reductions in tax rates.

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