FBR
FBR Reports Trillions Stuck in Customs and Tax Lawsuits
Around 50,732 tax and customs cases worth approximately Rs. 5.7 trillion remain pending across various courts and tribunals, freezing a massive amount of crucial state…
Govt Introduces Fixed Tax For Small Retailers to Expand Tax Net
The federal government has introduced a fixed tax scheme for small retailers, imposing a one percent tax on annual retail sales worth up to Rs200…
Govt Approves 18% GST on Stationery Items in Finance Bill 2026
The federal government plans to increase the general sales tax (GST) on everyday school and office supplies. The upcoming Finance Bill 2026 will raise the…
FBR Plans to Restrict Unregistered Commercial Vehicles on Motorways
The Federal Board of Revenue (FBR) is preparing to introduce a nationwide digital cargo tracking and vehicle registration system aimed at increasing tax collection and…
Govt Orders Banks to Open on Weekend for Tax and Duty Collection May 2026
The government has announced special arrangements for the collection of government duties and taxes on Saturday and Sunday, May 23 and 24, 2026, to facilitate taxpayers making…
FBR Suspends K‑Electric’s Sales Tax Registration, Sparking Consumer Alarm
The Federal Board of Revenue (FBR) suspended K-Electric’s sales tax registration on 20 May 2026, according to the taxpayer status portal maintained on the official…
FBR Imposes Rs2.7bn Penalty on Gerry’s Dnata Over Customs Fraud
The Federal Board of Revenue (FBR) has imposed a Rs2.7 billion penalty on terminal operator Gerry’s Dnata for involvement in the illegal removal of imported…
Pakistan Joins WCO Policy Commission For The First Time in 70 Years
Pakistan has been elected to the World Customs Organization (WCO) Policy Commission for 2026 to 2028, marking its first membership in the body after 70…
NLC Takes Over PNSC: Government Approves 30% Stake Sale Amid Major ECC Grants
The government officially gave in-principle approval on Tuesday to sell 30% shares of the Pakistan National Shipping Corporation (PNSC). The National Logistics Corporation (NLC) will…
Govt Plans New Fixed Tax Scheme for Retailers in Budget 2026-27
The government is preparing to introduce a new fixed tax scheme for retailers in the upcoming federal budget as part of broader efforts to expand…
FBR Launches Sweeping Tax Reform Drive Ahead of 2026–27 Budget
FBR has launched a sweeping tax reform programme, introducing digital invoicing mandates, expanded production tracking, and a new trader tax scheme ahead of Budget 2026–27…
IMF Expresses Dissatisfaction With FBR Over Growing Tax Shortfall
The International Monetary Fund (IMF) has expressed dissatisfaction with the performance of the Federal Board of Revenue (FBR) and stressed the urgent need to expand…
Govt Plans Tax Exemption Cuts to Raise Additional Revenue
The federal government is reducing income tax and sales tax exemptions in the upcoming fiscal year budget 2026-27, aiming to generate additional revenues. Preparations for…
