ISLAMABAD, April 21, 2026 — The Federal Board of Revenue (FBR) has reported a sharp decline in revenue from profit-on-debt, reflecting the impact of sustained monetary easing over the past two years.
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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 revises import values for polyester yarn amid war crisis
KARACHI, April 21, 2026 — Pakistan’s Federal Board of Revenue (FBR) has revised customs values for polyester filament yarn, citing rising international prices driven by geopolitical tensions and supply chain disruptions linked to ongoing global conflicts.
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Business council urges FBR to withdraw super tax surcharge notices
KARACHI – The Pakistan Business Council (PBC) has urged the Federal Board of Revenue (FBR) to withdraw what it described as “illegal” notices for the recovery of default surcharge on super tax, warning that the move could undermine business confidence and economic stability.
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Pakistan tax audit recoveries jump 110% in FY25, FBR says
ISLAMABAD, April 20 — Income tax recoveries through audit proceedings in Pakistan surged by 110% in fiscal year 2024-25, reflecting improved enforcement and audit efficiency, the Federal Board of Revenue said in its annual report.
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FBR suspends top customs officials in high-profile silver swap scandal
ISLAMABAD, April 19 — Pakistan’s Federal Board of Revenue (FBR) has suspended several senior customs officials following fresh findings in a high-profile case involving the alleged swapping of seized silver bullion with lead, officials said on Sunday.
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Pakistan tax return compliance hits record high, FBR data shows
ISLAMABAD, April 19 — Tax return filing compliance in Pakistan has reached a record high in fiscal year 2024-25, driven by enforcement measures, legal reforms and increased taxpayer awareness, according to official data.
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FBR power to arrest traders reduced, Kayani confirms reform drive
KARACHI, April 18, 2026 – Minister of State for Finance Bilal Azhar Kayani said on Saturday that the arrest powers of Federal Board of Revenue (FBR) officials have been significantly curtailed as part of wider tax and regulatory reforms aimed at improving Pakistan’s business climate.
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FBR reports 163% surge in tax collection from petroleum products
Karachi, April 18, 2026 – Pakistan’s Federal Board of Revenue (FBR) said on Saturday that withholding income tax collection from petroleum products rose by 163% over the past five years, driven largely by higher fuel prices and increased consumption.
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Minister Kayani to hold key tax talks with Karachi business leaders
KARACHI, April 17, 2026 —Minister of State for Finance, Bilal Azhar Kayani, will hold a series of meetings with business leaders in Karachi over the weekend to discuss key taxation issues ahead of the federal budget for 2026–27, officials said on Friday.
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FBR probe exposes large-scale corruption in Pakistan Customs
Karachi, April 16, 2026 — A sweeping investigation by the Federal Board of Revenue (FBR) has uncovered large-scale corruption within Pakistan Customs, resulting in strict disciplinary action against multiple officials, according to official notifications issued on Thursday.
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