FBR
FBR Updates Senate Panel: 95% of Mobile Phones Assembled Locally, Not Taxed
2 min read
The Federal Board of Revenue (FBR) told the Senate Standing Committee on Finance that only 5% of Android phones are imported, with 95% now assembled…
30 Social Media Influencers Under FBR Fire for Concealing True Income
2 min read
The Federal Board of Revenue (FBR) has issued notices to 30 individuals under scrutiny for flaunting extravagant lifestyles on social media while underreporting their income…
Islamabad Property Taxes Surge as FBR Issues Fresh Valuation Rates
2 min read
Islamabad’s property market has been jolted by a sweeping overhaul of valuation rates, with the Federal Board of Revenue (FBR) sharply increasing property values by…
NA Committee Pushes FBR to Reduce Heavy Smartphone Taxes in Pakistan
2 min read
The National Assembly Standing Committee on Finance has intensified pressure on the Federal Board of Revenue (FBR) to revise Pakistan’s smartphone tax structure, directing authorities…
FBR Sets Roadmap to Raise Tax-to-GDP Ratio to 18% by FY28
2 min read
Pakistan’s government has outlined a major revenue reform plan as the FBR aims to raise the tax-wto-GDP ratio from 10.33% to 18% by FY28, with…
Govt Expands Asset Disclosure Rule to Grade 17+ Officers
2 min read
The government has made it mandatory for all officers in BPS-17 and above to publicly declare their assets, fulfilling a key condition of Pakistan’s IMF…
FBR Expands Asset Disclosure Rules for Government Officers
2 min read
Pakistan has introduced a stricter transparency framework as the Federal Board of Revenue (FBR) has expanded the category of government officials required to publicly disclose…
FBR Sets Up New Check Posts to Monitor Goods from AJK
2 min read
The FBR has set up two new check posts to monitor vehicles entering taxable areas from Azad Jammu and Kashmir, aiming to tighten checks on…
FTO Orders FBR to Clear Pending Tax Return Extension Requests in 3 Days
2 min read
The Federal Tax Ombudsman has directed the Federal Board of Revenue to clear the entire backlog of tax return extension applications within three days, after…
FBR Issues New Draft Insurance Guarantee Format for Export Facilitation Scheme
2 min read
The Federal Board of Revenue has issued a new draft insurance guarantee format for exporters under the Export Facilitation Scheme, updating the rules to ensure…
FBR Launches AI-Powered Audit of 7 Million Tax Returns
2 min read
The Federal Board of Revenue (FBR) has initiated a massive AI-driven audit to scrutinize over 7 million income tax returns filed across Pakistan, marking a…
These 15 Major Sectors Lead Surge in Pakistan’s Sales Tax Revenue for FY 2024-25
2 min read
Nearly 57.3 percent of Pakistan’s sales tax collection on domestic supplies in 2024-25 came from 15 major sectors, including electrical energy, POL products, sugar, cement…
FBR’s Withholding Tax Collection Surges 32.7pc in FY2025-26
2 min read
The Federal Board of Revenue (FBR) has achieved a major revenue milestone, reporting a substantial 32.7 percent increase in withholding tax collection for the ongoing…
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