Customs Officers Arrested in Multi-Million Silver Misappropriation Case
- 13-Apr-2026
KARACHI: Pakistan Customs, in a major operation, has arrested two preventive officers from Quetta on suspicion of misappropriating a silver shipment, ARY News reported. The two officers, identified as Arif Ali Jumani and Sami Ullah Achakzai, were entrusted with ensuring the safe delivery of the silver. According to a statement by the Federal Board of […]
Several FBR officials fail to declare assets
- 13-Apr-2026
ISLAMABAD: It has been revealed that several officials of the Federal Board of Revenue (FBR) have failed to declare their assets, a key requirement under reforms agreed with the International Monetary Fund (IMF). According to official sources, the FBR has completed scrutiny of asset declarations, which uncovered that a number of officers did not comply […]
FBR gives final opportunity to correct tax filing errors
- 02-Apr-2026
The Federal Board of Revenue (FBR) has provided a final opportunity for businesses to avoid penalties by correcting errors in submitted tax returns, allowing amendments within 72 hours through its integrated system. According to details, the FBR has issued a circular outlining the procedure for registered businesses to rectify mistakes in invoices. The authority stated […]
Social media earnings now on FBR radar
- 02-Apr-2026
ISLAMABAD: The Federal Board of Revenue (FBR) has moved to collect income tax on earnings generated through social media platforms, ARY News reported. The FBR has established a procedure to recover taxes from digital earnings and has sought suggestions from experts, giving them one week to submit their feedback. Following this one-week period, the final […]
Pakistan likely to face up to Rs200bn tax shortfall in March 2026
- 31-Mar-2026
Federal Board of Revenue is likely to face a shortfall of Rs150–200 billion in tax revenue for March in Pakistan, ARY News reported on Tuesday, citing sources. The FBR is facing difficulties in meeting its March target of Rs1,367 billion, with a potential shortfall of up to Rs200 billion. Sources indicate that regional tensions and […]
FBR proposes amendments to Customs Rules, International Shipment Regulations
- 18-Mar-2026
ISLAMABAD: The Federal Board of Revenue (FBR) has issued draft amendments to the Customs Rules 2001 and Pakistan’s international shipment regulations, aiming to improve accountability, transparency, and efficiency in export and transshipment operations, ARY News reported. According to reports, under the proposed amendments to the Export Facilitation Scheme, exporters will be required to submit detailed […]
FBR to Stay Open on Friday Despite National Fuel-Saving Measures
- 11-Mar-2026
ISLAMABAD: Government austerity measures—introduced to combat a mounting fuel crisis amid regional tensions—will not apply to the Federal Board of Revenue (FBR), according to government sources as reported by ARY News. The Cabinet Division’s recent directives regarding office closures and energy conservation will not affect the tax authority. Consequently, all FBR offices across the country […]
FBR faces Rs429bn tax shortfall from July to February
- 01-Mar-2026
The Federal Board of Revenue (FBR) has recorded a tax shortfall of Rs429 billion between July and February, including an Rs85 billion revenue gap in February alone. According to official documents, the cumulative shortfall for the July–February period has reached Rs457 billion. In February, the FBR collected Rs944 billion in taxes against a target of […]
FBR sets one-week deadline for businesses to link with tax system
- 19-Feb-2026
ISLAMABAD: The Federal Board of Revenue (FBR) has directed a broad range of businesses and service providers to link their operations with its digital tax system within one week, according to a newly issued notification. According to the directive from the Federal Board of Revenue, all registered shops must link their operations to the FBR […]
FBR revises Islamabad property valuation rates
- 03-Feb-2026
ISLAMABAD: The Federal Board of Revenue (FBR) has issued revised property valuation rates for Islamabad following demands from traders, cutting values by 30 to 50 per cent, according to an official notification. Under the revised assessment, the FBR has revalued residential and commercial plots at 68 different locations across the federal capital. In Sector B-17, […]