The Federal Board of Revenue (FBR) collection in the month of January 2026 records robust growth of 16% month on month surpassing six-month average growth of 10 to 11% reflecting a clear encouraging path for the remaining months of FY-2026. The provisional collection stood at Rs.1015 billion against the collection of Rs.873 billion last year. […]
Federal Board of Revenue
FBR, LEAs to boost collaboration for enhanced enforcement
In line with the Federal Board of Revenue’s strategy to enhance anti-smuggling enforcement and facilitate legitimate trade, Syed Shakeel Shah, Member (Customs Operations), FBR, Islamabad, accompanied by Mr. Basit Maqsood Abbasi, Chief Collector of Customs Enforcement, Islamabad, undertook an official visit to Customs House Quetta on 8th and 9th January, 2026. The visiting dignitaries were […]
FBR posts record December tax haul
The Federal Board of Revenue collected record tax revenue in December, officials said in Islamabad. The collection stood at Rs1,427.1 billion, the highest ever for December. It reached 99 percent of the monthly target. FBR officials shared the figures during a briefing to Finance Minister Muhammad Aurangzeb. They said the monthly target was set at […]
FBR suspends officials absent from sugar mill monitoring duties
The Federal Board of Revenue (FBR) has initiated disciplinary action and immediately suspended six officials who were found unauthorizedly absent from their assigned monitoring duties at sugar mills, reaffirming its zero-tolerance policy toward misconduct and dereliction of duty. The officials had been deployed under Section 40B of the Sales Tax Act, 1990 to ensure effective, […]
Smuggled goods worth Rs 20 million seized in IBO
In line with the Federal Board of Revenue’s sustained efforts to curb smuggling and protect the national exchequer, the Collectorate of Customs Enforcement, Karachi, in coordination with Pakistan Rangers, conducted a successful intelligence-based operation at Al-Asif, Sohrab Goth, Karachi. During the operation, three Mazda truckloads of foreign-origin smuggled goods were recovered. The seized items mainly […]
PM hails FBR’s anti-smuggling drive, orders action against tax evasion
Prime Minister, Shehbaz Sharif on Friday chaired a weekly performance review meeting of the Federal Board of Revenue (FBR), lauding recent anti-smuggling operations and directing authorities to further intensify action against tax evasion and illicit trade. During the meeting, the prime minister was briefed on progress made by the FBR in curbing smuggling and related […]
Azam Tarar defends FBR’s authority to seek bank data as Senate sends issue to panel
Law Minister Azam Nazeer Tarar Friday robustly defended the Federal Board of Revenue’s (FBR) legal authority to obtain and communicate bank information to taxpayers, telling the Senate that such inquiries were fully protected by law and consistent with global anti-money laundering regimes. Responding to a calling-attention notice moved by Senator Asad Qasim regarding FBR text […]
Pakistan’s weak tax system costs Rs3.4tr: IMF
The International Monetary Fund (IMF) has warned that Pakistan is losing Rs3.4 trillion annually due to tax evasion, corruption, and hidden incomes. The loss equals about 3.9% of the country’s GDP. The Fund called for urgent reforms to expand the tax base and improve accountability. The IMF highlighted severe weaknesses in Pakistan’s tax system, including […]
PM credits FBR reforms for positive economic trends
Prime Minister Muhammad Shehbaz Sharif Saturday said that the positive trends due to tariff reforms and the government’s steps to modernize and improve the Federal Board of Revenue (FBR) transparently were solid evidence of the correctness of the measures. He was chairing the weekly review meeting on reforms in the country’s tax system. “The latest […]
FBR holds tax awareness session at RCCI
On the instructions of Chairman FBR Mr. Rashid Mahmood Langrial and Member Taxpayers’ Services Wing (TPS) Ms. Tehmina Aamer, the Federal Board of Revenue (FBR), through its TPS Wing conducted a Tax Awareness Session on ‘How to File Income Tax Return Online for Tax Year 2025′ at the Rawalpindi Chamber of Commerce and Industry (RCCI). […]