Employers in Pakistan who establish a gratuity fund for their employees must obtain formal approval from the Federal Board of Revenue (FBR) to ensure tax recognition and compliance. The procedure and documentation requirements are clearly outlined in Rule 115 of the Income Tax Rules, 2002 (amended up to November 24, 2023).
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Pakistan Revenue delivers the latest taxation news, covering income tax, sales tax, and customs duty. Stay updated with insights on tax policies, regulations, and financial developments in Pakistan.
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Can FBR officials break into a building for tax recovery?
Many taxpayers often ask whether officials of the Federal Board of Revenue (FBR) are legally allowed to break into a building during tax recovery proceedings. The answer lies in Rule 148 of the Income Tax Rules, 2002 (amended up to November 24, 2026), which clearly defines the scope and conditions of such authority.
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Pakistan Customs announces major vehicle auction in Kohat and D.I. Khan on February 10
Islamabad, February 7, 2026 – Pakistan Customs has announced a major public auction of confiscated vehicles to be held in Kohat and Dera Ismail Khan (D.I. Khan) on February 10, 2026, offering buyers a wide range of imported and locally registered cars, jeeps, vans, and trucks.
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Can FBR Commissioner Issue a Warrant of Arrest for a Tax Defaulter?
Yes — a Commissioner Inland Revenue of the Federal Board of Revenue (FBR) is legally empowered to issue a warrant of arrest against a tax defaulter under Rule 183 of the Income Tax Rules, 2002, as amended up to November 24, 2023.
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How FBR Will Value Undisclosed Immovable Property in Pakistan
If you have concealed immovable property that is later detected by the Federal Board of Revenue (FBR), the tax authorities are legally empowered to determine its value under the Income Tax Rules, 2002, as amended up to November 24, 2023.
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FBR signals flexibility as super tax recovery may be spread over installments
Islamabad, February 4, 2026: In a significant conciliatory gesture toward the corporate sector, Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial has announced that the revenue authority is prepared to recover super tax liabilities through installment-based mechanisms on a case-by-case basis, easing concerns over abrupt enforcement.
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FBR notifies key amendments to export facilitation scheme rules
Islamabad, February 4, 2026 – The Federal Board of Revenue (FBR) on Wednesday announced important amendments to the Customs Rules, 2001, introducing changes to the Export Facilitation Scheme (EFS) aimed at improving operational flexibility for exporters.
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FBR unveils new auction procedure for shipborne scrap
Karachi, February 4, 2026 – The Federal Board of Revenue (FBR) on Wednesday introduced a detailed procedure for the auction of shipborne scrap, aiming to improve transparency and revenue collection at ports across Pakistan.
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FBR issues Rs189 million tax demand against Sazgar motors
Karachi, February 4, 2026 – The Federal Board of Revenue (FBR) has raised a tax demand of Rs188.9 million against Sazgar Engineering Works Limited, the company confirmed in its half-yearly financial statement submitted to the Pakistan Stock Exchange (PSX) on Wednesday.
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FBR imposes major penalty on customs inspector for possessing NCP vehicle
Islamabad, February 4, 2026 – The Federal Board of Revenue (FBR) has imposed a major penalty on a customs official after disciplinary proceedings established charges of unauthorized use of a Non-Customs Paid (NCP) vehicle and prolonged absence from duty.
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