Finance Minister Reviews FBR National Faceless Centre Operational Readiness
Federal Minister Muhammad Aurangzeb reviews the implementation roadmap, governance framework, and technology development for the FBR National Faceless Centre.
Federal Board of Revenue Announces Scheduled System Maintenance Downtime
FBR announces planned maintenance activity affecting IRIS, Digital Invoicing, payment systems, and POS registration from August 8 to August 10, 2026.
FBR Excludes Trade Agreement Customs Concessions From Tax Expenditure Report 2026
The Federal Board of Revenue excludes custom duty concessions granted under FTAs and PTAs from its 2026 Tax Expenditure Report citing international treaty commitments.
Federal Board of Revenue Introduces Automated Banking Data Framework to Boost Tax Compliance
The Federal Board of Revenue will receive automated financial data from banks and EMIs under the Finance Act 2026 to detect high-value tax discrepancies.
Auditor General Exposes Substantial Revenue Loss at Import Stage Over Incorrect Custom Clearance Tax Assessments
An official audit report identifies a massive multi-million rupee income tax shortfall within the Federal Board of Revenue due to misapplied customs clearance rates.
Federal Board of Revenue Grants Exemption to Pakistan International Airlines on Surcharges to Facilitate Privatization Divestment
The FBR has waived default surcharges and penalties for Pakistan International Airlines to ensure the smooth completion of its private sector handover.
Federal Board of Revenue Proposes Audit Free Taxation Environment to Incentivize Small Scale Retail Sector Onboarding
The FBR is developing an audit free tax regime to encourage documentation among small retailers and eliminate unexpected field inspections.
Federal Board of Revenue Prohibits Field Inspections for Small Shopkeepers Under New Fixed Tax Registration Scheme
The FBR has barred Inland Revenue officers from entering small retail outlets that register under a new simplified one percent turnover tax scheme.
FBR Restricts Operations of 150 Jewellers Bank Accounts Over Compliance Failures Under Anti-Money Laundering Framework
The Federal Board of Revenue instructs 29 banks to freeze debit transactions across 150 accounts belonging to jewellers due to persistent AML compliance violations.
Federal Board of Revenue Allocates Millions for Fuel and Infrastructure in Annual Procurement Plan
The Federal Board of Revenue earmarks nearly 394 million rupees for fuel alongside key funding for office repairs, machinery, and nationwide administrative operations.