Pakistan

On 30 September 2026, the Federal Board of Revenue (FBR) announced a major breakthrough in tax enforcement, detecting a wealth statement fraud amounting to Rs 9.41 billion. The investigation revealed deliberate misdeclaration of assets and income by taxpayers attempting to conceal wealth from tax authorities. Consequently, the FBR has registered a money laundering case, signaling

Effective 29 September 2026, the FBR has commenced the initial implementation phase of a Special Tax Scheme designed for small shopkeepers and retailers. This scheme, introduced under the Finance Act 2026, aims to simplify tax compliance for micro and small enterprises by offering a fixed, low-rate turnover tax in lieu of complex income tax return

The Lahore High Court delivered a pivotal judgment on 27 September 2026, holding that money‑laundering prosecutions under the Anti‑Money Laundering Act, 2010 may proceed concurrently with pending tax proceedings, without awaiting the final determination of tax liability. The case arose from a petition challenging the initiation of money‑laundering proceedings while the underlying income‑tax assessments were

On 26 September 2026, the Federal Board of Revenue issued a comprehensive policy statement outlining the revenue authority’s strategic priorities for the remainder of fiscal year 2026‑27. The statement, released under the Chairman’s signature, addresses three core pillars: (1) broadening the tax base through data‑driven identification of non‑filers, (2) tightening compliance in high‑risk sectors such

On 25 September 2026, the Federal Board of Revenue (FBR) officially inaugurated the National Faceless Centre, a landmark reform that eliminates face‑to‑face interactions between taxpayers and tax officers. The initiative is anchored in the FBR’s broader digital transformation agenda under the Prime Minister’s directive to enhance transparency, reduce discretionary powers, and curb corruption in tax

On 22 September 2026, the Chairman FBR convened a high‑level meeting with the delegation of the Pakistan Tax Bar Association at the Large Taxpayers Office (LTO) Lahore. The dialogue focused on practical challenges faced by tax practitioners and taxpayers in the wake of recent procedural changes, including the faceless assessment rollout, the revised audit selection

Also on 22 September 2026, the Chairman FBR held a separate session with the Lahore Chamber of Commerce and Industry (LCCI) at LTO Lahore to address the business community’s tax‑and‑trade grievances. LCCI representatives raised issues including the multiplicity of withholding tax regimes, delays in sales‑tax refunds for exporters, inconsistent application of the Track‑and‑Trace System, and

On 9 September 2026, the Chairman FBR met with a high-level delegation of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in Karachi. The discussions covered a broad reform agenda, including the simplification of the income tax return form, the introduction of a unified taxpayer portal for federal and provincial taxes, the harmonization

On 7 September 2026, the Federal Board of Revenue (FBR) conducted a dedicated seminar at the Islamabad Chamber of Commerce & Industries to promote the Asaan Tajir (Easy Trader) simplified income tax return filing scheme. This initiative targets small traders and retailers who often face complexity in standard tax compliance. The seminar provided hands-on guidance

On 30 August 2026, the Regional Tax Office (RTO)‑II Karachi executed a major enforcement operation against an illegal cigarette manufacturing facility in the city. Acting on intelligence, the team sealed the premises, confiscated MK‑8 cigarette making machines, packing units, and raw and finished tobacco stock valued at hundreds of millions of rupees. The operation underscores