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FBR Amends 2026 Income Tax Return Form Again
The Federal Board of Revenue (FBR) has once again amended the income tax return form for Tax Year 2026, introducing changes just weeks before the…
FBR Sets Rs. 1 Million Fine for Tax System Violation
The Federal Board of Revenue (FBR) has introduced a Rs. 1 million penalty for the first violation involving the failure to install or use the…
Senate Demands Immediate Tax Cuts on Imported Mobile Phones as 40M Crypto Accounts Surface
Today, the Senate Standing Committee on Cabinet Secretariat raised serious alarms over Pakistan’s digital taxation policies. Chaired by Senator Rana Mahmood-ul-Hassan, the panel demanded an…
Peshawar Court Stops 3% Tax Collection From Steel Industry
The Peshawar High Court (PHC) has stopped authorities from recovering a disputed 3% additional tax from a steel industry petitioner, providing temporary relief while the…
Punjab Assembly Debates Bill to Declare Beaconhouse National University a Tax-Exempt ‘Not-For-Profit’ Entity
The Provincial Assembly of the Punjab is currently reviewing a highly debated amendment bill. The Beaconhouse National University, Lahore (Amendment) Bill 2026 aims to reclassify…
Federal Constitutional Court Gives Companies Relief in Super Tax Case
The Federal Constitutional Court has delivered a major relief for corporate taxpayers in Pakistan by allowing eligible tax credits to be adjusted against super tax…
FBR Doubles Withholding Tax on Earnings of Non-Filer Influencers
The Federal Board of Revenue (FBR) has doubled the withholding tax rate on social media earnings of digital content creators and influencers who are not…
FBR Deploys AI to Crack Down on Tax Underreporting
The Federal Board of Revenue (FBR) has stepped up the use of artificial intelligence (AI), third-party data and a faceless assessment system to identify tax…
Tax Lawyers Urge FBR to Fix IRIS and Review New Tax Return System
The Pakistan Tax Bar Association (PTBA) has urged the Federal Board of Revenue (FBR) to immediately address legal and technical issues in the newly introduced Income Tax Return…
FBR Collects Rs. 476 Billion in Taxes Through Electricity Bills in FY26
The Federal Board of Revenue (FBR) collected more than Rs. 476 billion in taxes through electricity bills during FY2025-26, officials informed the Senate Standing Committee on Finance. According to FBR…
FBR Launches Helpline for 2026 Income Tax Return Filing Assistance
The Federal Board of Revenue (FBR) has launched a dedicated technical support service to assist taxpayers experiencing problems while filing their Income Tax Returns for Tax…
Faulty Tax Calculations Cost FBR Rs. 118 Billion in Super Tax: Audit Report
The Federal Board of Revenue (FBR) suffered a revenue shortfall of nearly Rs. 118 billion in super tax over the past two years due to…
