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Thousands of Companies Drop Off ATL After December 31 — Why Staying Active Matters The Federal Board of Revenue (FBR) has also taken tough action after the deadline of December 31 and struck off 15,678 companies from the Active Taxpayers List (ATL). These companies failed to submit their income tax returns on time and are […]

Capital Gains Tax Alert for Investors: What You Must Know About Section 151A in 2025–26 The Federal Board of Revenue (FBR) has again reminded the investing community about the mandatory nature of tax deduction at source on capital gains on debt securities, which would remain operative in Tax Year 2026. It is imperative to understand

FBR Freezes New Property Valuation Rates in Islamabad After Market Concerns Following strong opposition from real estate stakeholders, the Federal Board of Revenue (FBR) has decided to temporarily halt the recently announced property valuation rates for Islamabad. Due to these concerns, the old valuation rates will remain applicable for now. According to FBR, the previously

FTO Directs FBR to Tighten Airline Cargo Controls, End Manual Manifest Filing In a significant attempt at curbing fraud and moving towards strong airport security, the Federal Tax Ombudsman has ordered the FBR to ensure strict compliance with the filing of an air manifest in the WeBOC system by all international airlines operating in Pakistan.

FBR Starts Work on Customs Budget 2026–27, Invites Tariff Change Proposals ISLAMABAD, 2025: The Federal Board of Revenue (FBR) has officially kicked off preparations for the customs budget for FY 2026–27 and has invited budget proposals from customs field offices, trade bodies, and the business community. The main aim is to further rationalise tariffs and

FBR Updates Reward Policy for Inland Revenue Officers — 24-Salary Cap Continues in 2026 The Federal Board of Revenue (FBR), as a measure of administrative and taxes reforms, extended the performance-based reward system even in the year 2026. According to the new system, the officers and staff of the Inland Revenue Service are entitled to

Businesses Under Pressure: Lawmakers Raise Concerns Over FBR’s Role in 2025 The FBR is under criticism once again for causing a hindrance in Pakistan to smoothly operationalize the businesses. These issues were raised during a meeting of National Assembly Standing Committee on Commerce presided over by MNA Jawed Hanif Khan, in which members openly discussed

Sindh Pushes Back on NFC Cuts, Says Provinces Shouldn’t Pay for FBR’s Weak Tax Collection Larkana, 2025: Senior PPP leader and Chairman of the Sindh Assembly’s Public Accounts Committee, Nisar Ahmed Khuhro, has strongly criticized the idea of cutting provincial shares under the National Finance Commission (NFC) due to poor tax collection by the Federal

Why Is Income Tax Deducted from Your Salary in Pakistan? Many a salaried person in Pakistan wonders why the income tax is deducted every month from their salary, even before the amount is credited into their bank account. The system is called tax deduction at source and it is a requirement of law under Section

Pakistan’s Textile Exports Slow Down in November 2025, Growth Stands at 2.73% in 5MFY26 The textile exports of Pakistan recorded a sharp slow down in November 2025; this had an effect on the growth rate of exports during the initial five months (July to November) of FY 2025-26, which stood at 2.73%, as revealed in