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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 Pakistan Karachi

FBR probe exposes large-scale corruption in Pakistan Customs

April 16, 2026April 16, 2026Shahnawaz Akhter

Karachi, April 16, 2026 — A sweeping investigation by the Federal Board of Revenue (FBR) has uncovered large-scale corruption within Pakistan Customs, resulting in strict disciplinary action against multiple officials, according to official notifications issued on Thursday.

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pakistan customs

FBR imposes major penalty on customs officer over ‘living beyond means’ finding

April 16, 2026April 16, 2026Shahnawaz Akhter

ISLAMABAD, April 16, 2026 — The Federal Board of Revenue (FBR) has imposed a major penalty of compulsory retirement on a Pakistan Customs intelligence officer after disciplinary proceedings concluded that he was living beyond his known sources of income, according to an official notification issued on Thursday.

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FBR Image 01 New

FBR issues new fair market values for Islamabad properties

April 16, 2026April 16, 2026Shahnawaz Akhter

ISLAMABAD, April 16, 2026 — The Federal Board of Revenue (FBR) on Thursday issued revised fair market values for immovable properties in Islamabad, in a move aimed at tightening tax compliance and aligning property valuations with prevailing market rates.

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FBR - Taxation

FBR forms committee to strengthen compliance risk framework

April 16, 2026April 16, 2026Shahnawaz Akhter

ISLAMABAD, April 16, 2026 — The Federal Board of Revenue (FBR) on Thursday constituted a technical committee to review and strengthen its Compliance Risk Management (CRM) framework, aiming to improve tax enforcement efficiency and detect high-risk cases more effectively.

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FBR Pakistan Karachi

FBR clarifies tax rules for builders and developers under Section 7F regime

April 15, 2026April 15, 2026Shahnawaz Akhter

ISLAMABAD, April 15, 2026 —Federal Board of Revenue (FBR) on Wednesday issued revised guidelines for tax collection from builders and developers, aiming to address industry concerns over withholding tax applicability and ease liquidity pressures.

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FBR Building

PM Shehbaz unleashes crackdown on tax fraud and over-invoicing case

April 15, 2026April 15, 2026Mrs. Anjum Shahnawaz

ISLAMABAD, April 15, 2026 – Prime Minister Muhammad Shehbaz Sharif on Wednesday ordered immediate legal action against individuals involved in illegal over-invoicing practices, directing authorities to strengthen enforcement and accountability within Pakistan’s tax and financial monitoring system.

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pakistan customs

FBR sets new customs values for imported almonds

April 15, 2026April 15, 2026Shahnawaz Akhter

KARACHI, April 15, 2026 — The Federal Board of Revenue (FBR) has revised customs values for imported almonds in a move aimed at ensuring accurate duty collection and curbing under-invoicing, according to an official valuation ruling issued on Wednesday.

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FBR Image 01 New

FBR revamps KPIs for international taxation and information exchange

April 13, 2026April 13, 2026Shahnawaz Akhter

ISLAMABAD, April 13, 2026 –Federal Board of Revenue (Federal Board of Revenue) has introduced a sweeping overhaul of job descriptions and key performance indicators (KPIs) for officers engaged in international taxation and exchange of information functions, aiming to strengthen transparency, efficiency and compliance with global tax standards.

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imported cars

FBR revises customs values for imported auto spare parts after 5 years

April 13, 2026April 13, 2026Faisal Shahnawaz

KARACHI, April 13, 2026 – Pakistan’s Federal Board of Revenue (Federal Board of Revenue) has issued revised customs valuation benchmarks for imported auto replacement parts, updating duty assessment values after more than five years to align with current global prices and market conditions.

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FBR Building

FBR collects over Rs12 billion in capital value tax on vehicles and properties

April 13, 2026April 13, 2026Shahnawaz Akhter

ISLAMABAD, April 13, 2026 – Pakistan’s Federal Board of Revenue (Federal Board of Revenue) collected more than Rs12.55 billion in capital value tax (CVT) on motor vehicles and immovable properties during fiscal year 2024-25, reflecting an annual growth of around 8%, official data showed on Monday.

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