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.
ISLAMABAD, May 7, 2026 — The Federal Board of Revenue (FBR) has revised customs values for imported smart watches, smart bands and smart rings in a move aimed at curbing under-invoicing and protecting government revenue.
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ISLAMABAD, May 6, 2026 — The Federal Board of Revenue (FBR) has invited applications from eligible individuals for the grant of customs clearing agents licences, setting May 20, 2026, as the deadline for submission.
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ISLAMABAD, May 6, 2026 — The Federal Board of Revenue (FBR) has dismissed a customs official from service on charges of prolonged unauthorized absence, according to an official notification issued on Wednesday.
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ISLAMABAD, May 5, 2026 – The Federal Board of Revenue (FBR) has made it mandatory for registered taxpayers to declare petroleum development levy and climate support levy details in monthly sales tax returns.
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KARACHI – In a significant move to align import taxes with current international market trends, the Federal Board of Revenue (FBR) has officially revised the customs values for imported hand tools. The new rates come after a nine-year period during which the previous values remained stagnant despite global price fluctuations.
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ISLAMABAD, May 5, 2026 – The Senate of Pakistan has sought comprehensive details of corruption cases within the Federal Board of Revenue (FBR) over the past five years.
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ISLAMABAD, May 4, 2026 – The Federal Board of Revenue (FBR) is preparing to introduce strict enforcement measures to boost revenue collection and reduce the widening shortfall in the ongoing fiscal year.
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ISLAMABAD, May 4, 2026 – The Federal Board of Revenue (FBR) has announced a waiver of penalties and default surcharge on tax liabilities amounting to Rs8.77 billion payable by Pakistan International Airlines (PIA).
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KARACHI: The income tax return filing for tax year 2026 is expected to begin in July for taxpayers across Pakistan. Individuals and Associations of Persons (AOPs) earning business income are advised to review the updated tax rates to ensure accurate and timely filing.
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Karachi, May 4, 2026 – The Federal Board of Revenue has revised customs values of fire alarm system parts following the detection of under-invoicing by importers.
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