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.
Newly notified area at South Asia Pakistan Terminal to be used for storage and handling of empty containers. The Federal Board of Revenue (FBR) has declared an additional reclaimed area adjoining the South Asia Pakistan Terminal (SAPT) as a customs area for the storage and handling of empty containers.
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IMF asks Pakistan’s tax authority to provide comprehensive information on refund arrears to improve transparency and ease business liquidity pressures. The International Monetary Fund has asked the Federal Board of Revenue to provide detailed information on pending tax refund claims as part of ongoing efforts to address liquidity pressures faced by businesses in Pakistan.
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Commercial banks directed to remain open late on May 29-30 to facilitate duty and tax payments The Federal Board of Revenue (FBR) has requested the State Bank of Pakistan (SBP) to extend banking hours on May 29 and 30, 2026 to facilitate the collection of government duties and taxes.
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Revised valuation ruling covers wide range of toy imports amid changes in global prices and trade patterns The Federal Board of Revenue (FBR) has issued fresh customs values for imported toys and toy parts to determine duties and taxes at the import stage.
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Strong market performance boosts tax revenue as CGT collection surges over 260% in 10MFY26 A strong rally at the Pakistan Stock Exchange has helped tax authorities collect nearly Rs109 billion in Capital Gains Tax (CGT) during the first 10 months of fiscal year 2025–26, official sources said.
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Customs authorities revise valuation ruling for textile lining imports after decline in international market prices The Federal Board of Revenue (FBR) has revised customs values for the import of textile lining and invisible coated lining fabric originating from China following changes in international market prices.
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IMF increases oversight of retailer tax reforms as Pakistan struggles to expand documentation and boost revenue collection The International Monetary Fund is set to closely monitor Pakistan’s efforts to expand taxation in the retail sector, increasing pressure on the Federal Board of Revenue (FBR) to deliver stronger documentation and revenue collection reforms.
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Customs authority revises valuation ruling to align import duties with updated global market trends and trade data The Federal Board of Revenue (FBR) has revised customs values for imported artificial imitation jewelry to determine applicable duties and taxes under a new valuation ruling issued by customs authorities.
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FBR orders packaged milk manufacturers to install real-time electronic production monitoring systems by June 30, 2026 The Federal Board of Revenue (FBR) has moved to implement electronic monitoring of packaged milk production in an effort to curb sales tax leakages and strengthen tax compliance in the dairy sector.
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Shift toward solar energy cited among major reasons behind lower tax collection The Federal Board of Revenue (FBR) recorded a nearly 30% decline in withholding income tax collection through electricity bills from Karachi during the first 10 months of fiscal year 2025–26, according to official sources.
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