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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 - Taxation

FBR capital gains tax surges over Rs100 billion in 9MFY26 on PSX rally

April 21, 2026April 21, 2026Shahnawaz Akhter

KARACHI, April 21, 2026 — The Federal Board of Revenue (FBR) has recorded a sharp increase in revenue from capital gains tax during the first nine months of fiscal year 2025–26, driven by strong trading activity at the Pakistan Stock Exchange.

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FBR Pakistan Karachi

FBR reports 22% drop in profit-on-debt tax collection amid rate cuts

April 21, 2026April 21, 2026Shahnawaz Akhter

ISLAMABAD, April 21, 2026 — The Federal Board of Revenue (FBR) has reported a sharp decline in revenue from profit-on-debt, reflecting the impact of sustained monetary easing over the past two years.

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pakistan customs

FBR revises import values for polyester yarn amid war crisis

April 21, 2026April 21, 2026Shahnawaz Akhter

KARACHI, April 21, 2026 — Pakistan’s Federal Board of Revenue (FBR) has revised customs values for polyester filament yarn, citing rising international prices driven by geopolitical tensions and supply chain disruptions linked to ongoing global conflicts.

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PBC Proposals

Business council urges FBR to withdraw super tax surcharge notices

April 20, 2026April 20, 2026Shahnawaz Akhter

KARACHI – The Pakistan Business Council (PBC) has urged the Federal Board of Revenue (FBR) to withdraw what it described as “illegal” notices for the recovery of default surcharge on super tax, warning that the move could undermine business confidence and economic stability.

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FBR Building

Pakistan tax audit recoveries jump 110% in FY25, FBR says

April 20, 2026April 20, 2026Shahnawaz Akhter

ISLAMABAD, April 20 — Income tax recoveries through audit proceedings in Pakistan surged by 110% in fiscal year 2024-25, reflecting improved enforcement and audit efficiency, the Federal Board of Revenue said in its annual report.

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FBR Image 01 New

FBR suspends top customs officials in high-profile silver swap scandal

April 19, 2026April 19, 2026Shahnawaz Akhter

ISLAMABAD, April 19 — Pakistan’s Federal Board of Revenue (FBR) has suspended several senior customs officials following fresh findings in a high-profile case involving the alleged swapping of seized silver bullion with lead, officials said on Sunday.

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Income Tax Return FBR

Pakistan tax return compliance hits record high, FBR data shows

April 19, 2026April 19, 2026Shahnawaz Akhter

ISLAMABAD, April 19 — Tax return filing compliance in Pakistan has reached a record high in fiscal year 2024-25, driven by enforcement measures, legal reforms and increased taxpayer awareness, according to official data.

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KCCI Photo

FBR power to arrest traders reduced, Kayani confirms reform drive

April 18, 2026April 18, 2026Shahnawaz Akhter

KARACHI, April 18, 2026 – Minister of State for Finance Bilal Azhar Kayani said on Saturday that the arrest powers of Federal Board of Revenue (FBR) officials have been significantly curtailed as part of wider tax and regulatory reforms aimed at improving Pakistan’s business climate.

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FBR Blue

FBR reports 163% surge in tax collection from petroleum products

April 18, 2026April 18, 2026Shahnawaz Akhter

Karachi, April 18, 2026 – Pakistan’s Federal Board of Revenue (FBR) said on Saturday that withholding income tax collection from petroleum products rose by 163% over the past five years, driven largely by higher fuel prices and increased consumption.

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FBR White

Minister Kayani to hold key tax talks with Karachi business leaders

April 17, 2026April 17, 2026Shahnawaz Akhter

KARACHI, April 17, 2026 —Minister of State for Finance, Bilal Azhar Kayani, will hold a series of meetings with business leaders in Karachi over the weekend to discuss key taxation issues ahead of the federal budget for 2026–27, officials said on Friday.

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