Pakistan 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.
Karachi, January 20, 2026 – The Federal Board of Revenue (FBR) has issued fresh customs values for imported motorcycle parts, including roller chains, chain kits, and related chain parts, for the assessment of duties and taxes.
Continue Reading
Karachi, January 20, 2026 – The Federal Board of Revenue (FBR) has reported an extraordinary rise in Capital Gains Tax (CGT) collection, posting nearly a five-fold increase during the first half (July–December) of the ongoing fiscal year 2025–26, driven by an unprecedented boom in the Pakistan Stock Exchange (PSX).
Continue Reading
The Sales Tax Rules, 2006 (updated for tax year 2026) lay down a detailed legal mechanism for the Federal Board of Revenue (FBR) to recover defaulted sales tax through attachment and sale of immovable property. These rules aim to ensure transparency, due process, and protection of rights for defaulters, purchasers, and other affected parties.
Continue Reading
Karachi, January 20, 2026 – The Large Taxpayers Office (LTO) Karachi has surpassed all previous records by collecting an unprecedented Rs1.70 trillion in the first half of fiscal year 2025-26 (July–December), marking a 9% growth over Rs1.56 trillion collected during the same period last year. As the largest revenue-generating arm of the Federal Board of […]
Continue Reading
Islamabad, January 19, 2026 – The Federal Board of Revenue (FBR) has notified revised customs values for imported ammunition to be used for assessment of duty and taxes at the import stage. The new values have been issued through Valuation Ruling No. 2036/2026, notified by the Directorate General of Customs Valuation, Karachi
Continue Reading
Islamabad, January 19, 2026 – The Federal Board of Revenue (FBR) has issued new customs values for the assessment of duty and taxes on the import of old and used mobile phones, including popular models from Apple, Samsung, Google Pixel and OnePlus.
Continue Reading
Updated under Sales Tax Rules, 2006 (Tax Year 2026) The Sales Tax Rules, 2006, as updated for tax year 2026, prescribe a comprehensive legal framework for the attachment and sale of movable property of sales tax defaulters by officials of the Federal Board of Revenue (FBR). These rules ensure due process, proportionality, and transparency in […]
Continue Reading
Islamabad, January 18, 2026 – The Federal Board of Revenue (FBR) is set to decide on revised property valuation tables for District Islamabad by the end of January 2026, following objections raised by real estate stakeholders over discrepancies in assessed values.
Continue Reading
Sales tax defaulters should be aware that the Federal Board of Revenue (FBR) has the authority to attach and sell movable or immovable property to recover unpaid sales tax under Rule 80 of the Sales Tax Rules, 2006 (updated for 2026). Knowing what can—and cannot—be sold is crucial for compliance and planning.
Continue Reading
Yes, the Federal Board of Revenue (FBR) has the authority to take stringent actions, including the sale of movable or immovable property, to recover unpaid sales tax from defaulters. This is provided under Rules 72–74 of the Sales Tax Rules, 2002 (updated for 2026). Understanding this process is essential for businesses and individuals to stay […]
Continue Reading