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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 Building

FBR braces for historic tax shortfall in FY2025-26

May 1, 2026May 1, 2026Shahnawaz Akhter

Islamabad, May 1, 2026: The Federal Board of Revenue (FBR) is heading toward a historic shortfall in tax collection for the fiscal year 2025-26 after missing its revenue targets during the first ten months (July–April).

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FBR - Taxation

Karachi Retailers Pay Rs6.25 Billion Income Tax in FY25

April 30, 2026April 30, 2026Shahnawaz Akhter

Karachi, April 30, 2026 — Retailers in Karachi contributed Rs6.25 billion in income tax during fiscal year 2024-25, marking a significant increase in tax collection, according to data released by the Federal Board of Revenue (FBR).

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FBR Pakistan Karachi

FBR lodges FIR against gold jewelers in Lahore amid tax monitoring dispute

April 29, 2026April 29, 2026Mrs. Anjum Shahnawaz

Lahore, April 29, 2026 — The Federal Board of Revenue (FBR) has lodged a First Information Report (FIR) against gold jewelers in Lahore after its officials faced resistance during a tax monitoring drive in the city’s major bullion markets.

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FBR Image 01 New

Senate seeks data on dual nationality of FBR officers

April 28, 2026April 28, 2026Shahnawaz Akhter

ISLAMABAD, April 28, 2026 – Pakistan’s Senate has sought detailed information on federal tax officers holding dual nationality, directing the Federal Board of Revenue (FBR) to compile and submit comprehensive data for review by a parliamentary panel.

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Tax Budget

Pakistan may remove 1% import tax relief in major policy shift

April 27, 2026April 27, 2026Shahnawaz Akhter

ISLAMABAD, April 27, 2026 – Pakistan is considering scrapping concessional income tax rates on a wide range of imported goods as part of efforts to raise revenues in the federal budget for 2026-27, according to officials in the finance ministry.

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FBR Pakistan Karachi

FBR clarifies tax relief for builders under special regime

April 27, 2026April 27, 2026Shahnawaz Akhter

Karachi, April 27, 2026 – The Federal Board of Revenue (FBR) has issued a clarification regarding the applicability of advance tax on property transactions for builders and developers operating under a special tax regime, aiming to ease their financial burden and address industry concerns.

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FBR Building

FBR unveils plan to eliminate tax evasion completely

April 27, 2026April 27, 2026Mrs. Anjum Shahnawaz

FAISALABAD: Pakistan’s tax authorities are aiming to eliminate tax evasion and the long-standing issue of non-filers through sweeping reforms and digital transformation within the Federal Board of Revenue (FBR), senior officials said on Sunday.

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imported cars

FBR announces mega vehicle auction in Peshawar with dozens of confiscated cars up for bidding

April 23, 2026May 1, 2026Faisal Shahnawaz

ISLAMABAD, April 23, 2026 – The Federal Board of Revenue (FBR) has announced a large-scale auction of confiscated vehicles under the Collectorate of Customs (Enforcement), Peshawar, offering a wide range of cars, SUVs, pickups and commercial vehicles to bidders.

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FBR White

FBR slashes property valuation rates in five cities to boost real estate activity

April 23, 2026April 23, 2026Shahnawaz Akhter

ISLAMABAD, April 22, 2026 – Federal Board of Revenue (FBR) has reduced the valuation of immovable properties by 10% to 30% in five major cities, aiming to align official rates with market values and stimulate real estate transactions.

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mobile phone import policy in Pakistan

FBR raises customs values for used imported mobile phones

April 22, 2026April 22, 2026Hamza Shahnawaz

KARACHI, April 22, 2026 — The Federal Board of Revenue (FBR) has notified revised customs values for old and used imported mobile phones, aiming to align duty assessment with prevailing international market trends and address stakeholder concerns.

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