Finance Bill, 2026: Salient Features of Sales Tax Laws
The Federal Board of Revenue (FBR) has issued salient features explaining major changes in sales tax laws through the Finance Bill, 2026.
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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 detains accused for misuse of EFS involving over Rs116 million
Post-Clearance Audit Lahore launches landmark criminal proceedings after textile mill illegally offloads duty-free cotton into the local market.
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FBR blocks sales tax refund claims worth Rs9.8 billion
The Federal Board of Revenue’s transformation plan yields rapid results, doubling tax return filings and exposing massive fraudulent activities.
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Tax exemptions and concessions hit Rs2.53 trillion in FY2025
Annual Economic Survey reveals a minor overall dip in state giveaways, though sales tax and income tax exemptions continue to rise.
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FBR issues draft customs marine bunkering rules to regulate fuel supply to foreign vessels
Draft rules introduce electronic system, licensing and strict monitoring for bunker fuel operations at Pakistani ports
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FBR issues new customs values of diesel engines for generators
New valuation ruling aims to address under-invoicing concerns in imports of diesel engines for generators.
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FBR Launches PRAL Front Desk at LTO Karachi to Enhance Taxpayer Support
New PRAL Facilitation Desk at LTO Karachi to Simplify Digital Tax Services for Businesses
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FBR tracks foreign travel and nationality of IRS and PCS officials
New disclosure rules require tax and customs officers to declare foreign nationality, travel documents and family details within 90 days. ISLAMABAD: The Federal Board of Revenue (FBR) has initiated a comprehensive scrutiny of foreign travel history and foreign nationality status of officials serving in the Inland Revenue Service (IRS) and Pakistan Customs Service (PCS) under […]
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Honda Cars Pakistan Disputes Billions in Tax Payments with FBR
Honda Atlas Cars Pakistan reports tax contingencies exceeding Rs17 billion amid ongoing legal battles with tax authorities KARACHI: Honda Atlas Cars (Pakistan) Limited has disclosed tax contingencies exceeding Rs17 billion in disputes with the Federal Board of Revenue (FBR), according to its Annual Report 2026.
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FBR revises customs values for imported ammunition; VR2087/2026
New valuation ruling includes .22 and .222 calibre ammunition and updates customs values based on market trends. ISLAMABAD: The Federal Board of Revenue (FBR) has revised customs values for imported ammunition through Valuation Ruling No. 2087/2026, updating duty assessment rates for various calibres and origins of cartridges.
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