Tag: Federal Board of Revenue

Islamabad, December 24, 2025 — The Federal Board of Revenue (FBR) has launched a nationwide campaign to verify the actual incomes of hospitals and doctors by scrutinising patients’ health bills, as part of its broader effort to curb tax evasion and improve transparency in income reporting.

Are you a salaried person and often wonder why income tax is deducted from your salary before it reaches your bank account? This system is known as tax deduction at source, and it is governed by Section 149 of the Income Tax Ordinance, 2001.

Importers bringing goods into Pakistan must understand Section 148 of the Income Tax Ordinance, 2001, which governs advance income tax at the import stage. This tax is collected by Customs at the time of clearance and can significantly affect cash flow and compliance for importers.

If you are a provincial sales tax (PST) registered person, it’s essential to know your obligations under Section 147A of the Income Tax Ordinance, 2001. For tax year 2026, the Federal Board of Revenue (FBR) has made it mandatory for PST-registered businesses to pay advance income tax, ensuring proper compliance and preventing penalties.

If you are living in Pakistan but have been assessed to tax in Azad Jammu & Kashmir (AJK) or Gilgit-Baltistan (GB), it is important to know that the Federal Board of Revenue (FBR) can initiate tax recovery proceedings against you. This ensures tax compliance across regions, even when local authorities cannot recover dues directly.

If you are planning to leave Pakistan permanently, it is crucial to understand your tax obligations before departure. Failing to comply with tax laws can lead to asset freezes, recovery proceedings, or other legal consequences. For tax year 2026, the Federal Board of Revenue (FBR) emphasizes compliance under Section 145 of the Income Tax Ordinance, […]

Islamabad, December 22, 2025 — Chairman of the Federal Board of Revenue (FBR) Rashid Mahmood Langrial on Monday held a meeting with Bangladesh High Commissioner to Pakistan Md. Iqbal Hussain Khan to discuss ways to strengthen bilateral trade, enhance tax cooperation, and deepen overall economic relations between Pakistan and Bangladesh.

For tax year 2026, the Federal Board of Revenue (FBR) has clarified who qualifies as a liquidator and what legal responsibilities apply when handling assets of a taxpayer. These rules are laid out in Section 141 of the Income Tax Ordinance, 2001, and they impose strict compliance requirements to safeguard government tax revenue.

If you are holding money on behalf of a tax defaulter, tax year 2026 could bring serious consequences for you as well. Under Pakistan’s tax laws, the Federal Board of Revenue (FBR) has the legal authority to recover unpaid taxes directly from third parties who owe or hold money for defaulting taxpayers.