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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

FBR sees 21% drop in advance tax collection from electricity use in 1HFY26

January 23, 2026January 23, 2026Shahnawaz Akhter

Islamabad, January 23, 2026 — The Federal Board of Revenue (FBR) has reported a sharp 21 percent decline in the collection of advance income tax on electricity consumption during the first half (July–December) of fiscal year 2025-26, compared to the same period last year, according to provisional data.

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FBR Pakistan Karachi

Import growth drives Rs245 billion income tax collection for FBR in 1HFY26

January 23, 2026January 23, 2026Shahnawaz Akhter

Karachi, January 22, 2026 — Pakistan’s rising import bill during the first half (July–December) of fiscal year 2025-26 significantly boosted the Federal Board of Revenue’s (FBR) income tax collection at the import stage, which climbed to Rs245 billion, sources said on Friday.

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FBR launches IRIS 2.0

Understanding ‘Documents’ Under Pakistan Customs Act 1969 – 2026 Guide

January 22, 2026January 22, 2026Shahnawaz Akhter

The Customs Act, 1969, as updated for tax year 2026, provides clear guidance on what constitutes “documents” for importers, exporters, and customs authorities in Pakistan.

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Tax Budget

Withholding tax on cash withdrawals soars 54% in December 2025

January 22, 2026January 22, 2026Shahnawaz Akhter

Islamabad, January 21, 2026 – The Federal Board of Revenue (FBR) has recorded a significant increase in withholding tax collected on cash withdrawals from banking companies, reporting a 54% rise in December 2025 compared to the same month last year.

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FBR Image 01 New

Withholding tax on new cars jumps 51% in 1HFY26: FBR

January 22, 2026January 22, 2026Shahnawaz Akhter

Islamabad, January 21, 2026 – The Federal Board of Revenue (FBR) has reported a remarkable 51% increase in withholding tax collected from the sale of new cars during the first half of fiscal year 2025-26 (July–December), compared to the same period last year.

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pakistan customs

FBR notifies new customs valuation for USB flash drives, memory cards

January 21, 2026January 21, 2026Hamza Shahnawaz

Islamabad, January 21, 2026 – The Federal Board of Revenue (FBR) has officially notified revised customs values for USB data travelers, USB flash drives, and memory cards, applicable at the import stage for assessment of customs duty and taxes.

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FBR - Taxation

FBR reports 65% surge in tax collection from property sales in 1HFY26

January 21, 2026January 21, 2026Shahnawaz Akhter

Islamabad, January 21, 2026 – The Federal Board of Revenue (FBR) has recorded a significant 65% increase in tax collection from property sales during the first half (July–December) of fiscal year 2025-26 compared to the same period last year.

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FBR Blue

Explained: How FBR Can Declare Any Location in Pakistan as a Customs Station in 2026

January 21, 2026January 21, 2026Shahnawaz Akhter

The Federal Board of Revenue (FBR) has been legally empowered to declare any place in Pakistan as a customs station under the updated Customs Act, 1969, applicable for tax year 2026. This enhanced authority aims to improve trade facilitation, strengthen enforcement, and modernize customs operations across the country.

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FBR Pakistan Karachi

Salaried individuals contribute Rs267 billion in income tax during 1HFY26: FBR

January 21, 2026January 21, 2026Shahnawaz Akhter

Islamabad, January 21, 2026 — Salaried persons in Pakistan paid Rs267 billion as income tax during the first half of the current fiscal year 2025-26 (1HFY26), according to provisional figures released by the Federal Board of Revenue (FBR).

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Inland Revenue Service

FBR reshuffles 23 Inland Revenue officers to strengthen tax collection drive

January 20, 2026January 20, 2026Shahnawaz Akhter

Islamabad, January 20, 2026 – The Federal Board of Revenue (FBR) has carried out a major administrative reshuffle involving 23 officers of the Inland Revenue Service (IRS) as part of its ongoing efforts to enhance revenue collection and improve operational efficiency.

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