FBR
FBR Unveils Multilingual App to Bring 3.5 Million Retailers into Tax Net
A special mobile application has been developed to register small traders and retailers under the Fixed Tax Scheme, with the formal launch scheduled for next…
FBR Makes Retail Price Display Mandatory for These 56 Product Categories
Manufacturers and importers of 56 categories of goods must now clearly print the retail price and sales tax amount on their products, the Federal Board…
Faulty Tax Calculations Cost FBR Rs. 118 Billion in Super Tax: Audit Report
The Federal Board of Revenue (FBR) suffered a revenue shortfall of nearly Rs. 118 billion in super tax over the past two years due to…
FBR Imposes 30 Percent Extra Duty on Commercial Used Vehicle Imports
The Federal Board of Revenue (FBR) has imposed a 30 percent additional regulatory duty (RD) on the commercial import of used vehicles, effective July 1.…
FBR to Receive Data on Bank Transactions Above Rs. 100 Million Under New Law
The federal government has introduced a new reporting system for high-value bank transactions to improve tax compliance. Under the Finance Act 2026, banks and financial…
Senate Committee Ousts FBR Official, Orders Sweeping Tax and Narcotics Reviews
The Sub-Committee of the Senate Standing Committee on Interior and Narcotics directed the Federal Board of Revenue (FBR) to submit comprehensive tax data after an…
Sindh to Launch Pink Taxi Scheme for Women Under EV Initiative
The provincial government of Sindh plans to launch a women-only Pink Taxi Scheme as part of its broader electric vehicle (EV) transport initiative, Information Minister…
FBR Eyes Annual Tax Targets to Replace Monthly Collection System
The Federal Board of Revenue (FBR) is considering shifting to a fiscal-year-based performance evaluation system for its field formations, moving away from monthly revenue collection…
FBR Introduces New Customs Valuation System for Imported Auto Parts
The Federal Board of Revenue (FBR) has introduced a new customs valuation system for imported auto parts, replacing the long-standing weight-based assessment method with a…
Banks Announce Extended Working Hours for FBR Tax Payments
The Federal Board of Revenue (FBR) has requested a major schedule change. Consequently, commercial banks and National Bank of Pakistan (NBP) branches handling customs collections…
FBR Seizes Rs. 3 Crore From Citizen’s Bank Account Over Forged Documents
The Federal Board of Revenue (FBR) recently seized Rs. 30 million directly from a Pakistani citizen’s bank account. This aggressive recovery followed the citizen’s failure…
Used Car Import Exemption Triggers Fresh Clash Between Govt and Auto Industry
The Ministry of Commerce has issued two directives clarifying Pre-Shipment Inspection (PSI) certificate requirements and granting a conditional, one-time waiver for used vehicles imported under…
AGP Audit Report Flags Billions in Financial Irregularities Across Federal Entities
Auditor General of Pakistan Maqbool Ahmad Gondal has identified financial irregularities worth billions of rupees across dozens of federal divisions and departments in the annual…
