FBR
Textile Industry Flags Misuse of Export Facilitation Scheme Harming Domestic Producers
The All Pakistan Textile Mills Association (APTMA) has raised serious concerns over loopholes in the Export Facilitation Scheme (EFS), claiming imported cotton fabric is undercutting…
FBR Offers Relief, Agrees to Installment-Based Super Tax Recovery
The Federal Board of Revenue (FBR) has offered major relief to businesses by agreeing to collect super tax arrears in installments, following criticism over aggressive…
FBR Seizes Bahria Town Tower Karachi to Recover Rs. 26 Billion in Taxes
The Federal Board of Revenue (FBR) has intensified its crackdown on tax evasion by seizing Bahria Town Tower in Karachi as part of efforts to…
FBR Cuts Customs Valuation for Fiber Broadband Optical Network Terminals
In a landmark decision aimed at boosting Pakistan’s fiber broadband sector, the Federal Board of Revenue (FBR) has significantly reduced the customs valuation for imported…
Finance Division Officially Issues Budget Call Circular for FY2026-27
The Finance Division has officially issued the Budget Call Circular (BCC) for the fiscal year 2026-27. This new circular sets a positive economic tone, projecting…
FBR Wins Super Tax Battle as Constitutional Court Rules in Its Favor
In a landmark judgement the federal constitutional court hearing the cases involving section 4B and 4C of the income tax ordinance 2001 (super tax cases),…
Federal Court Upholds Super Tax, Unlocks Rs. 300 Billion for Government
Pakistan’s Federal Constitutional Court has upheld the Super Tax, delivering a major fiscal win for the federal government and clearing the way for more than…
Imported Vehicles Likely to Cost More After New FBR Valuation Rules
In a significant policy shift, the Federal Board of Revenue (FBR) has revised the mechanism used to determine the customs value of imported vehicles, a…
Senior Tax Officials Named in Bogus Visa and Illegal Travel Scam
Senior officials of Pakistan’s tax authority have come under investigation after the Federal Investigation Agency (FIA) uncovered a bogus visa scam in which private individuals…
FBR Approves Performance Allowance for Inspectors from January 2026
The Federal Board of Revenue (FBR) has launched an Internal Job Posting (IJP) process to appoint Inspectors in Inland Revenue, while also approving a performance-based…
FBR Revises Customs Values on Motorcycle Parts from China
The Federal Board of Revenue (FBR) has fixed new customs values on the import of motorcycle parts from China, aiming to bring duty assessment in…
Public Accounts Committee Uncovers Billions Lost Due to FBR Tax and Customs Failures
Lawmakers have revealed massive revenue losses running into billions of rupees after serious failures by the Federal Board of Revenue (FBR) in tax recovery, customs…
Customs Seizes Smuggled Gold & Cash Worth PKR 50M at Karachi Airport
Pakistan Customs officials successfully foiled two major smuggling attempts today at Jinnah International Airport (JIAP), Karachi. Operating at the international departures terminal, the agency seized…
