In an early-morning operation, Customs Enforcement Peshawar intercepted a vehicle near Pezzu and recovered thousands of sleeves of smuggled cigarettes, seizing goods and the vehicle worth Rs48 million under the Customs Act.
The Federal Board of Revenue organised an awareness seminar at GCCI to brief traders and industrialists on key reforms under the FBR Transformation Plan, including digital invoicing, POS integration, and video analytics, aiming to enhance voluntary compliance and strengthen transparency in Pakistan’s tax system.
Three trucks transporting 1,800 sugar bags with counterfeit TTS stamps were intercepted by RTO-II Karachi at Sassi Toll Plaza. The vehicles have been detained for investigation to enforce compliance and prevent illegal movement of essential commodities.
Provisional FBR figures reveal that salaried individuals contributed Rs266 billion in income tax in the first half of the fiscal year, outpacing the real estate sector by more than twofold and highlighting the growing tax burden on documented sectors.
PRA achieves record 35% increase in revenue for July–December, boosting provincial finances and supporting timely completion of development and welfare projects in Punjab.
The FTO has initiated a probe into allegations that FBR officials deliberately filed time-barred appeals before High Courts, causing significant tax revenue losses. Notices have been issued to top FBR officials for explanations.
Pakistan’s high tax burden is constraining growth, with corporate and salaried taxpayers shouldering a disproportionate share. A proposed Rs975bn tax-relief package aims to lower rates, stimulate investment, and expand the formal economy, pending IMF approval.
The Khyber Pakhtunkhwa Revenue Authority (KPRA) recorded a 30% increase in Sales Tax on Services in the first half of FY2025-26, collecting Rs23.26 billion. Total revenue reached Rs26.62 billion, reflecting stronger compliance and effective enforcement across the province’s service sector.
The Federal Board of Revenue (FBR) fell short of its H1 FY2025–26 target by Rs330 billion, lower than projections, reducing the need for immediate tax hikes on solar panels, smartphones, and banking services. Exporters’ income tax returns are under careful scrutiny, but FBR assures no undue hardship.
The Federal Board of Revenue has directed a detailed review of over 480 leading exporters whose taxable income fell in 2025, sparking concern in the export sector over aggressive enforcement actions.