FBR Eyes Rs217bn Super Tax Recovery as IMF Review Nears
As IMF talks approach, FBR targets Rs217bn in super tax recoveries to reduce a Rs345bn revenue gap, offering installment relief to businesses amid liquidity concerns.
Latest Tax News
Sindh Revenue Board Projects Over 20% Tax Collection Growth in FY2026
Sindh Revenue Board projects over 20% revenue growth in FY2026, driven by digital reforms, expanded tax base, and improved compliance across key service sectors.
FBR Denies Violating Taxpayer Privacy Over SMS Alerts
FBR has clarified that recent SMS alerts sent to tax filers regarding bank accounts and property transactions do NOT violate financial privacy. The authority says messages were sent to improve awareness and compliance, using only taxpayers’ own data under legal powers granted by Income Tax Ordinance 2001. FBR also assured Parliament that all information is protected under strict data security protocols.
Salaried Class Pays Rs315 Billion in Jul–Jan as Tax Burden Rises 10%
Pakistan’s salaried class paid Rs315 billion in income tax during Jul–Jan FY2026, up 10.5%, while over 254,000 skilled professionals left the country in 2025 amid rising tax pressure.
FBR Chairman Offers to Expose Powerful Figures Hindering Anti-Tax Evasion Drive
FBR Chairman Rashid Mahmood Langrial told the Senate Standing Committee on Finance that powerful figures are obstructing anti-tax evasion efforts and offered an in-camera briefing to reveal names. FBR has recovered Rs70 billion in super tax so far.
FBR Sends Compliance SMS Even to FinMin as Tax Broadening Drive
The Federal Board of Revenue revealed that its compliance SMS campaign reached even Finance Minister Muhammad Aurangzeb, contributing to one million new tax returns. Senate members reviewed privacy concerns, super tax recovery, and banking SMS charges.
FBR Chairman Offers Installment Option for Rs217 Billion Super Tax Arrears
FBR Chairman Rashid Mahmood Langrial confirms Rs217bn super tax arrears and offers installment payments after senators criticize aggressive recovery methods and market panic.
Customs to Auction Confiscated Vehicles in Peshawar on February 12, 2026
Peshawar Customs will hold Auction Schedule No. 14/2025-26 on February 12, 2026, to sell confiscated and unclaimed vehicles from government warehouses across Khyber Pakhtunkhwa. Vehicles include Toyota, Honda, Mitsubishi, Mazda, and Suzuki models, sold on an “as is, where is” basis.
Pakistan Sets December 2026 Deadline for Tax Simplification Reforms
The Government of Pakistan has announced December 2026 as the target date for implementing sweeping tax simplification reforms. A detailed strategy, due by May 2026, will focus on reducing tax rates, limiting special regimes, cutting excessive withholding taxes, and harmonizing federal and provincial taxation.
FBR Sets Minimum Export Price for Mango Pulp of All Varieties
The Federal Board of Revenue has introduced a minimum export price for mango pulp of all varieties through Valuation Ruling No. 1 of 2026. The revised customs export value applies to bulk shipments, with a 20% premium for retail packing, aiming to standardize pricing and improve transparency in Pakistan’s mango pulp exports.