New sales tax procedures enable seamless transition from sole proprietorships and AOPs to companies without disrupting tax compliance
(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.
-
LTO Karachi Missed Rs223.5mn FED Recovery on Vehicle Sales: AGP
Audit says FBR failed to pursue legal action over short-paid Federal Excise Duty on locally manufactured vehicles
(more…) -
FBR allocates Rs377 million for vehicle fuel in FY2026-27
Annual procurement plan earmarks nearly Rs394 million for fuel, alongside spending on office repairs, machinery and administrative operations
(more…) -
FBR establishes PMU for national faceless centre rollout
New Programme Management Unit to oversee nationwide implementation of the National Faceless Centre and modernise tax administration
(more…) -
FBR unveils draft income tax scheme for small shopkeepers
Proposed voluntary regime offers 1% turnover tax, audit relief and simplified compliance for eligible retailers
(more…) -
FBR officially launches tax return filing season for Tax Year 2026
Income tax return form goes live on IRIS portal as taxpayers prepare for September 30 filing deadline
(more…) -
Non-disposal of confiscated vehicles costs FBR Rs12.6 billion in blocked revenue: AGP
Audit says delayed disposal of seized vehicles and goods led to revenue blockage and depreciation of confiscated assets
(more…) -
FBR plans real-time production monitoring for electronics manufacturers
Tax authority invites bids for digital system to monitor household electronics production and strengthen tax compliance
(more…) -
AGP flags Rs490.58mn tax loss over POS system at retail outlets
Audit says FBR failed to disallow inadmissible input tax credit claimed by non-compliant Tier-I retailers
(more…) -
FBR exempts bulletproof vehicle imports from sales tax
Finance Act 2026 also grants sales tax relief on specified maritime vessels and equipment to support shipping and logistics
(more…)