Federal Board of Revenue news - SROs, tax targets, ATL announcements, enforcement drives.
FBR officers and trade association reps will jointly visit markets across all four provinces to register shopkeepers under the Asaan Tax Scheme. Minister of State for Finance Bilal Azhar Kayani said 50 'green plate' shops now enjoy exemption from routine FBR inspections.
FBR has received just 181 simplified returns worth PKR 18m under the Asaan Tax Scheme, out of an estimated 3.5m operating retailers. About 5,000 have registered via the app; only 50 'green plate' shops earn an inspection exemption as the 30 September 2026 filing deadline nears.
Punjab has amended its Private Educational Institutions Act to reclassify home-based tuition centres and small academies as commercial enterprises. Properties and utility connections face commercial tariffs and provincial taxation, drawing objections from the private schools association.
FBR paid out PKR 197bn in tax refunds during July-August FY27, PKR 40bn above the same period last year. The IMF has capped annual refunds at PKR 390bn against last year's PKR 500bn; the Senate Standing Committee on Finance has requested ten years of refund records.
FBR collected PKR 1.72tn in July-August FY27, PKR 12bn above the cumulative two-month target, despite a PKR 28bn shortfall in August alone (PKR 902bn vs PKR 930bn target). Refunds climbed to PKR 155bn from PKR 124bn a year earlier, cutting the net take.
FBR has mandated that all officers and employees declare any foreign citizenships, passports, travel documents and marriages to foreign nationals. The 90-day submission window closed on 30 August 2026, with non-compliance triggering civil service disciplinary action.
PM Shehbaz Sharif has directed FBR field officials to visit Karachi monthly for structured engagements with the business community, aimed at resolving compliance grievances, lifting investment and improving transparency ahead of the 30 September 2026 filing deadline.
Islamabad amended the Import Policy Order to prohibit goods produced with forced or compulsory labour, aligning with ILO conventions. The move pre-empts fresh US tariffs threatened under a Trump-era probe covering 60 economies flagged for weak labour enforcement.
The government rolled out a voluntary scheme letting retailers with annual sales up to PKR 200m pay a flat 1% turnover tax with no audits, no POS, and no digital invoicing - widely seen as a political compromise over real documentation.
PM has approved blue passports for 42 of Pakistans top taxpayers as ambassadors at large. Commerce Ministry and FBR are evaluating a special-colour passport for businessmen exceeding a set tax threshold.
FBR has issued SRO 546(I)/2026, a special procedure to tax non-resident social media account holders with more than 50,000 Pakistan-based subscribers per tax year, or 12,250 within any three-month window.
FBR has issued the draft electronic income tax return for individuals, SMEs, AOPs, and companies for Tax Year 2026. Practitioners have already flagged the form as more complex than prior years.
FBR tax collection for the fiscal year fell PKR 610 billion short of its target. The shortfall sharpens pressure on Pakistan's IMF programme commitments and the FY27 budget framework.