Islamabad, February 27, 2026 – Representatives of leading tax bar associations on Friday raised serious concerns over the implementation of super tax and SRO 350(I)/2024 during a high-level meeting with Chairman Federal Board of Revenue (FBR), Rashid Mahmood Langrial, prompting the formation of a special committee to address taxpayers’ grievances.
(more…)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 orders Inland Revenue offices to operate full day on Saturday, February 28
Islamabad, February 27, 2026 – The Federal Board of Revenue (FBR) has directed all Inland Revenue (IR) offices to operate a full working day on Saturday, February 28, 2026, to facilitate collection of duties and taxes from taxpayers.
(more…) -
FBR considers email as valid electronic address of taxpayer
Many taxpayers believe that ignoring an email from the Federal Board of Revenue (FBR) means they haven’t received a notice. Legally, this is not the case. The FBR is empowered to serve notices electronically, and emails sent to a taxpayer’s registered electronic address are considered valid under tax law.
(more…) -
SBP directs banks to facilitate February 2026 tax collection
Karachi, February 26, 2026: The State Bank of Pakistan (SBP) has issued instructions to commercial banks to assist taxpayers in the payment of government duties and taxes for February 2026. The circular, issued on Thursday, outlines special arrangements for both over-the-counter and digital payments to ensure smooth tax collection.
(more…) -
FBR clamps down on trade fraud, strikes Rs30 billion blow
Islamabad, February 26, 2026: The Federal Board of Revenue (FBR) has detected trade fraud cases totaling Rs30.46 billion following the successful rollout of its transformation plan. According to official FBR documents, customs authorities identified 174 cases of misdeclaration and under-valuation, safeguarding Rs1.37 billion in duties and taxes.
(more…) -
FBR Scripts Your Cash Withdrawal for Tax Investigation
With Pakistan’s tax authorities stepping up efforts to broaden the tax base, your cash withdrawals from banks are now under closer scrutiny. The Federal Board of Revenue (FBR) tracks significant cash withdrawals to ensure tax compliance, and banks are required to report details of large transactions.
(more…) -
How Much Credit Card Payment Triggers FBR Scrutiny? You Must Know
The Federal Board of Revenue (FBR) is keeping a close eye on credit card transactions as part of its initiative to broaden Pakistan’s tax base. Citizens using credit cards should be aware that certain payment thresholds trigger mandatory reporting by banks to the FBR.
(more…) -
FBR introduces format for bank deposit reporting: What account holders should know
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.
(more…) -
Public auctions generate Rs9 billion in FBR tax revenue in 7MFY26
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.
(more…) -
FBR’s prize bond jackpot: Tax collections hit Rs5 billion
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.
(more…)