Pakistan

Pakistan: FBR and ICAP Host Seminar on Income Tax Return Filing for Tax Year 2026

As of 18 August 2026, the Federal Board of Revenue (FBR) collaborated with the Institute of Chartered Accountants of Pakistan (ICAP) to conduct a seminar focused on income tax return filing procedures for Tax Year 2026. The initiative aligns with the Income Tax Ordinance, 2001, and aims to enhance taxpayer awareness of electronic filing requirements

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Pakistan: KTBA Praises FBR’s Prompt Action on Income Tax Return Feedback Mechanism

On 17 August 2026, the Karachi Tax Bar Association (KTBA) issued a statement commending the Federal Board of Revenue (FBR) for its swift response to stakeholder feedback concerning the income tax return filing process. The acknowledgment follows a series of consultative meetings held under the Tax Laws (Amendment) Ordinance, 2024, which seeks to streamline procedural

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Pakistan: FBR Shuts Down Illegal Cigarette Factory in Chakwal, Citing Tax Evasion Losses of Rs. 211 Million

On 11 August 2026, the Federal Board of Revenue’s enforcement wing sealed an illicit cigarette manufacturing unit operating in Chakwal, Punjab, after uncovering significant evasion of federal excise duties. The action was carried out under the Federal Excise Act, 2005, and related SROs, with the seized operation estimated to have evaded tax revenue amounting to

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