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Federal Board of Revenue

FTO rules tax recovery under Section 175C without due process illegal

June 3, 2026 by Sajid Salamat

The Federal Tax Ombudsman (FTO) has held that obtaining tax deposits from taxpayers during proceedings under Section 175C of the Income Tax Ordinance, 2001, without subsequently determining liability through the prescribed legal process, constitutes maladministration and violates the principles of due process and fair administration. The FTO directed the Federal Board of Revenue (FBR) to […]

Filed Under: Business Tagged With: FBR, Federal Board of Revenue

FBR revenue shortfall widens to Rs 868bn in 11 months

June 1, 2026 by Sajid Salamat

The Federal Board of Revenue’s (FBR) revenue shortfall widened to Rs868 billion during the first 11 months of the current fiscal year 2025-26. The FBR collected Rs11,227 billion during July-May against the revised target of Rs12,095 billion, leaving a gap of Rs868 billion. “There are two major reasons, including sluggish economic activities due to the […]

Filed Under: Business Tagged With: FBR, Federal Board of Revenue

FBR offices to remain open on May 23-24 for tax collection

May 20, 2026 by Sajid Salamat

The Federal Board of Revenue (FBR) on Tuesday said that all its field formations across the country will remain open on Saturday and Sunday, May 23 and 24, 2026, for collection of duties and taxes. According to an official statement issued by the FBR, all Large Taxpayers’ Offices (LTOs), Medium Taxpayers’ Offices (MTOs), Corporate Tax […]

Filed Under: Business Tagged With: FBR, Federal Board of Revenue

FBR chief assures LCCI of maximum facilitation to business community

May 11, 2026 by Sajid Salamat

Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial and Lahore Chamber of Commerce and Industry (LCCI) President Faheem-ur-Rehman Saigol discussed key taxation, industrial and business-related issues along with the upcoming federal budget proposals submitted by the Lahore chamber. The LCCI spokesman told the media here on Sunday that during the meeting, the FBR chairman […]

Filed Under: Business Tagged With: FBR, Federal Board of Revenue

FCC bins FBR appeals, declares income tax ordinance clause unconstitutional

May 8, 2026 by Sajid Salamat

The Federal Constitutional Court has declared the controversial Section 7E of the Income Tax Ordinance, 2001, unconstitutional and void in its entirety, while also declaring all actions, notices and proceedings initiated by the Federal Board of Revenue (FBR) and the Revenue Division under the provision as ineffective and unlawful. A two-member bench comprising Chief Justice […]

Filed Under: Business Tagged With: FBR, FCC, Federal Board of Revenue, Federal Constitutional Court

FBR proposes tax on social media earnings

April 3, 2026 by Sajid Salamat

The Federal Board of Revenue (FBR) has proposed a special taxation procedure to bring social media content creators earning income from remunerative content into the tax net. In two separate notifications, the tax collection body sought objections and suggestions within seven days before finalising certain further amendments in the Income Tax Rules, 2002. “Every non-resident […]

Filed Under: Pakistan Tagged With: FBR, Federal Board of Revenue, Tax

PM directs FBR to expand automated monitoring to boost tax revenue

March 11, 2026 by Sajid Salamat

Prime Minister Shehbaz Sharif on Tuesday directed the Federal Board of Revenue (FBR) to bring maximum productive sectors under automated monitoring systems in order to enhance tax collection and curb tax evasion. Chairing a weekly review meeting on FBR affairs at the Prime Minister’s Office, the prime minister emphasized the need to further strengthen enforcement […]

Filed Under: Pakistan Tagged With: FBR, Federal Board of Revenue, Shehbaz Sharif

FBR launches cargo tracking system to curb smuggling

March 6, 2026 by Sajid Salamat

The Federal Board of Revenue (FBR) on Thursday initiated the development of a National Cargo Tracking System (CTS) and an integrated e-Bilty mechanism aimed at digitizing the monitoring of goods movement across Pakistan, improving tax compliance and curbing smuggling. The contract-signing ceremony was held at the FBR headquarters to launch the design phase of the […]

Filed Under: Business Tagged With: FBR, Federal Board of Revenue

FBR lauded for strict policy against harassment of traders

February 16, 2026 by Sajid Salamat

FBR Delays Property Valuation in Islamabad

Chief Commissioner Inland Revenue, Hyderabad, Abdul Khaliq Shaikh, has stated that the Federal Board of Revenue (FBR) has adopted a strict zero-tolerance policy against any harassment of traders and industrialists. He emphasized that if any complaint of harassment by an officer is proven, the official concerned may even lose their job. He expressed these views […]

Filed Under: Business Tagged With: FBR, Federal Board of Revenue

APTMA urges FBR to adjust super tax against pending refunds

February 3, 2026 by Sajid Salamat

The All Pakistan Textile Mills Association (APTMA) on Monday urged the Federal Board of Revenue (FBR) to adjust super tax liabilities against long-pending sales tax, income tax and other refund claims, warning that immediate recovery could severely disrupt the already cash-strapped textile sector. In a press statement, and an overall weak business environment, making it […]

Filed Under: Business Tagged With: All Pakistan Textile Mills Association, Federal Board of Revenue

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