FBR Records Highest-Ever December Tax Collection as Finance Minister Calls for Wider Tax Net
Finance Minister Muhammad Aurangzeb has urged the FBR to intensify tax enforcement and broaden the tax base after Pakistan recorded its highest-ever December tax collection, reflecting progress in fiscal reforms and compliance measures.
FBR Appoints New Leadership for Inland Revenue Service to Strengthen Tax Operations
The Federal Board of Revenue (FBR) has appointed new members to key positions in the Inland Revenue Service, including Income Tax, Federal Excise, and Sales Tax, aiming to enhance operational efficiency and strategic oversight across Pakistan.
FBR Announces Major Reshuffle in Inland Revenue Leadership to Strengthen Tax Operations
The Federal Board of Revenue has appointed new officials to critical Inland Revenue roles, including Member IR Operations and Acting Chief LTO Karachi, while Member IR Dr. Hamid Atiq undergoes treatment following an injury.
Overseas Investors Chamber of Commerce and Industry urges Federal Board of Revenue to release Rs96.6 billion in pending tax refunds to ease liquidity pressure on foreign investors
The Overseas Investors Chamber of Commerce and Industry has called on the Federal Board of Revenue to expedite Rs96.6 billion in pending tax refunds, warning that delays are hurting liquidity, business planning, and investor confidence in Pakistan’s economy.
AGP Report Highlights Major Discrepancies in Tax and Refund Data Between FBR and SBP
The Auditor General of Pakistan has identified significant discrepancies of billions of rupees between the Federal Board of Revenue and State Bank of Pakistan’s tax collection and refund figures for FY 2023-24, raising concerns over data accuracy and financial transparency.
FBR Officials Accused of Pressuring Taxpayers to Pay Sales Tax Without Due Process
Serious allegations have surfaced against field officials of the Federal Board of Revenue (FBR) for allegedly coercing registered taxpayers into making upfront sales tax payments without adjudication proceedings, violating the Sales Tax Act and Supreme Court rulings.
FBR misses FY25 tax target despite record Rs. 11.7 trillion collection driven by enforcement
FBR collected a record Rs. 11.7 trillion in FY25, up 26% over last year, yet fell short of its Rs. 12.3 trillion target. Strong enforcement and policy actions helped narrow the gap amid slower economic growth.