
The Federal Board of Revenue collected Rs901 billion in August 2026, missing its Rs930 billion target by Rs29 billion. However, total revenue collection during July-August FY27...

The Federal Board of Revenue has reportedly not established a mechanism for refunding taxes collected under Section 7E and the Super Tax under Section 4C. LTBA-PILC...

Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue to ensure an independent third-party audit of ongoing tax reforms. Chairing a review meeting, the...

Tax Filing Crisis Feared as FBR Portal Shutdown Is Scheduled A simplified and automated mechanism for Section 7E tax refunds was demanded by the Karachi Tax...

Pakistan’s Federal-Provincial Fiscal System to Be Reviewed After World Bank Report A high-level committee has been ordered by Prime Minister Shehbaz Sharif to review the World...

Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue to make digital production monitoring operational in the textile, beverages, steel, poultry, edible oil and...

Small Retailers Given Audit Relief Under New FBR Tax Regime A simplified and voluntary income tax regime has been notified by the Federal Board of Revenue...

Voluntary Tax Documentation Is Backed as Jam Kamal Meets Islamabad Traders Federal Commerce Minister Jam Kamal Khan met a delegation from the Islamabad Chamber of Small...

FBR IRIS and Digital Tax Services to Be Shut Down for Two Days The Federal Board of Revenue’s core digital tax services will be suspended for...

Shopkeepers Offered Relief From Withholding Tax and Digital Invoicing The FBR has proposed a voluntary tax scheme for small shopkeepers with annual turnover of up to...