FBR
FBR Revises Customs Valuation, Making Imported Seamless Steel Pipes More Expensive
The Federal Board of Revenue (FBR) has revised the customs valuation mechanism for imported carbon steel seamless pipes, a move that is expected to increase…
How Overseas Pakistanis Can Avoid PTA/FBR Mobile Phone Taxes for 120 Days
Mobile connectivity often becomes a headache for overseas Pakistanis right after landing in the country. To solve this, the Pakistan Telecommunication Authority (PTA) offers a…
IMF Rejects Real Estate Tax Relief Package in Budget FY 2026‑27
The International Monetary Fund (IMF) has formally opposed the construction sector incentive package announced in the federal budget for the upcoming fiscal year 2026-27. The…
Senate Panel Approves Tax On Insurance Profits in Finance Bill
The Senate Standing Committee on Finance has approved proposals to impose a tax on profits earned from insurance policies, as part of the ongoing review…
FBR Bahawalpur Zone Recovers Rs530 Million in Record Enforcement Drive
The Federal Board of Revenue (FBR) Bahawalpur Zone has recovered over Rs530 million in taxes from Islamia University of Bahawalpur, setting a record single-entity recovery.…
YouTubers, TikTokers Excluded From IT Export Regime as FBR Enforces 5% Minimum Tax
Pakistan’s federal government has introduced a major tax change for digital creators and influencers. The new rule separates social media earnings from IT and software…
Banks Must Upload Account Data to FBR Hub Under FY27 Bill
The Federal Board of Revenue (FBR) has proposed mandatory electronic data sharing by all banks and Electronic Money Institutions (EMI) to enable algorithmic cross-matching of…
Govt Raises Tax Penalties Fivefold Under Finance Bill FY27
The Finance Bill for FY2026-27 has sharply raised penalties for tax non-compliance, covering income tax, sales tax, and federal excise duty, giving the Federal Board…
FBR to Launch Faceless Tax Audit System
The Federal Board of Revenue (FBR) is set to introduce a faceless audit and assessment system across all four taxes it administers, under provisions proposed…
Budget 2026-27: FBR/PTA Mobile Phone Taxes NOT Reduced Despite IT Minister’s Push
The hype is officially dead. For months, continuous chatter surrounded the potential reduction of mobile phone taxes in Pakistan. Consumers eagerly anticipated relief in the…
FBR Sets Record Rs. 15.26 Trillion Tax Collection Target for FY2026-27
The Federal Board of Revenue (FBR) has been assigned an ambitious tax collection target of Rs. 15.264 trillion for the fiscal year 2026-27, making it…
Finance Bill 2026 Proposes Major FBR Overhaul to Narrow Pakistan’s Tax Gap
The federal government is considering significant reforms to Pakistan’s tax administration under the upcoming Finance Bill 2026-27, with plans to restructure the Federal Board of…
IT Minister Calls For Lowering PTA/FBR Taxes on Mobile Phones
The sitting IT Minister, Shaza Fatima Khawaja, recently took a bold stand against heavy smartphone taxation inside the National Assembly (NA) of Pakistan. She actively…
