APTMA Urges FBR to Act Against Grey Fabric Misdeclaration Under Export Facilitation Scheme
APTMA has asked the FBR to take immediate action against alleged misdeclaration of grey cotton fabric under the Export Facilitation Scheme, warning of revenue losses and risks to Pakistan’s domestic textile industry.
FBR Launches Real-Time Monitoring to Curb Tax Evasion in Steel Industry Pakistan
The Federal Board of Revenue (FBR) plans to implement real-time production monitoring in Pakistan’s iron and steel sector, deploying advanced video analytics, IoT sensors, and automated tracking to enhance tax compliance and reduce revenue leakage.
Multinational firms raise tax refund delays, super tax concerns with Pakistan’s Tax Policy Office
Multinational companies in Pakistan highlight delayed tax refunds, compliance issues and policy uncertainty, urging reforms to improve investor confidence and competitiveness.
FBR Targets Revenue Recovery to Achieve Revised Tax Collection Goal by March 2026
FBR outlines strategy to bridge Rs336 billion shortfall in FY25-26, focusing on administrative actions, stuck-up revenue recovery, and selective tax measures, achieving 95% of first-half targets.
FBR Corporate Tax Office Lahore Recovers Rs2.646 Billion in Major Enforcement Drive
The Federal Board of Revenue announces recovery of Rs2.646 billion in outstanding income tax by Corporate Tax Office Lahore, highlighting strengthened enforcement measures and Pakistan’s broader push to improve tax compliance and revenue collection.
FBR Compulsorily Retires Customs Inspector After Rs2 Million Revenue Loss in Quetta
Pakistan’s Federal Board of Revenue has compulsorily retired a customs inspector after an undeclared Afghan fruit consignment caused a revenue loss of Rs2 million, following disciplinary proceedings.
FBR lauds digitalization efforts for modernizing Pakistan’s tax system
The Federal Board of Revenue (FBR) has highlighted major gains from digitalizing Pakistan’s tax administration, including improved taxpayer services, automated risk management, Track & Trace implementation, and a modernized digital infrastructure for efficient compliance and monitoring.
FBR releases draft insurance guarantee format for exporters under facilitation scheme
The Federal Board of Revenue (FBR) has issued a draft Insurance Guarantee Format for exporters under the Export Facilitation Scheme, providing a framework for irrevocable and unconditional guarantees and inviting stakeholder feedback.
FBR’s FY25 Report Confirms Sharp Rise in Tax Burden on High-Income Salary Earners
The Federal Board of Revenue’s FY25 annual report acknowledges significant increases in income tax rates for high-income salaried individuals, driven by revenue-generation measures introduced under the Finance Act 2024.
FBR Mandates Online Filing for Individual Taxpayers Under New Income Tax Rules
The Federal Board of Revenue (FBR) introduces amendments to the Income Tax Rules 2002, requiring individual taxpayers to electronically submit income tax returns and withholding statements, aiming to modernize tax administration and streamline processes.