FBR
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…
FBR Revises Spark Plug Customs Values to Align with Market Prices
The Federal Board of Revenue (FBR) has revised the customs values for imported spark plugs from China, Japan, Europe, and other countries following stakeholder concerns…
FBR Forms New Committee for Granting and Cancelling Sales Tax Licences
The Federal Board of Revenue (FBR) has reconstituted its committee responsible for evaluating applications for the grant and cancellation of licences for Sales Tax integration…
Karachi Tax Official Sacked Over 134 Illegal Notices
The Federal Board of Revenue (FBR) has removed a Karachi-based tax official from service after an inquiry found he illegally accessed the FBR’s electronic system,…
