Saturday, January 17, 2026

FBR includes taxpayers from AJK and G-B in Active Taxpayers’ List

FBR amends tax rules to integrate taxpayers from AJK and G-B, with a new verification process for tax compliance.

FBR reduces time limit for condonation of sales tax matters to two years

Registered taxpayers now have two years, instead of three, to apply for time-limit condonation in sales tax matters, with decisions to be made within 30 to 45 days

Multinationals flag tax refund delays, urge super tax cut from 10% to 6% in next budget

OICCI member companies raise concerns over delayed refunds, advance tax collection and policy uncertainty, while calling for phased corporate tax cuts alongside a reduction in super tax in FY27

FBR drafts plan to rationalise duties and taxes on mobile phone imports

Proposal to NA finance committee includes duty review, PTA consultation, and relief for mid-range smartphones

FBR amends income tax rules to include AJK, GB taxpayers in Active Taxpayer List

Individuals registered with AJK and Gilgit-Baltistan tax authorities to be added to ATL, subject to address and verification conditions

FBR to penalise companies for non-compliance with electronic sales tax invoice integration

Tax body starts imposing heavy penalties from January 2026 on companies failing to integrate with electronic sales tax invoicing system after missed deadlines

FBR imposes penalty on tax officer for deleting CCTV footage of stolen cigarettes

Major penalty imposed on MIS officer of RTO Lahore for inefficiency and misconduct related to theft incident

FBR to expand Track & Trace System to tiles, textiles, and Green Leaf Threshing units

New monitoring initiative aims to tackle tax evasion and boost revenue in tobacco, sugar, cement, tiles, and textile sectors

Salaried individuals contribute Rs266 billion in first half FY2025–26, nearly 10% of income tax collected

Non-corporate employees pay Rs117bn, corporate staff Rs82bn; provincial employees contribute Rs39bn, federal Rs27bn 

FBR denies active taxpayer status to manual filers 

Tax experts say move violates FTO directions and FBR’s own circular extending filing deadline

FBR clarifies reports about scrutiny of exporters’ income tax returns

Tax body says that to mitigate the possibility of any errors, the field formations were directed to pursue the returns and process them in accordance with the law

FBR sets strategy to achieve revised tax target amid Rs336 billion shortfall

Tax authority aims to meet Rs13.979 trillion target in second half of 2025-26 with recovery from court cases and enforcement measures; govt rules out mini budget

FBR orders scrutiny of 480 exporters’ tax records, sparking concern in business community

Tax body directs field formations to investigate exporters' filings for inconsistencies in taxable income

FBR misses half-year revenue target by Rs336 billion, tax hikes expected to offset shortfall

Rs6,154bn collected in 6 months; Rs328bn revised target set; IMF contingency measures and tax hikes under consideration

FBR probes Lahore-based actress over Rs67.7 million undeclared wedding spending

Lifestyle Monitoring Cell finds Rs67.7m expenditure on wedding inconsistent with declared income, recommends audit, penalties and possible prosecution