Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

FBR plans strict enforcement measures to bridge revenue shortfall

byCT Report
05/05/2026
in Breaking News, Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: The Federal Board of Revenue (FBR) is set to introduce strict enforcement measures to boost tax collection and contain the growing revenue shortfall during the ongoing fiscal year 2025-26.

The decision was discussed in an urgent meeting held at FBR Headquarters on Monday, chaired by Chairman Rashid Mehmood Langrial, with participation from senior officials. The meeting focused on devising effective revenue mobilisation strategies for the critical May–June period.

You might also like

Gohar Ejaz introduces sample one-page income tax return form

29/05/2026

Sindh reduces sales tax on motorcycle ride-hailing services to 2pc

29/05/2026

Officials revealed that the FBR conducted a comprehensive review of enforcement mechanisms, particularly targeting recovery of outstanding tax arrears and strengthening legal compliance measures.

Sources indicated that stricter recovery actions are under consideration against taxpayers who remain in default despite the expiry of court-issued stay orders. Authorities are exploring legal avenues to ensure that such liabilities are recovered without further delay.

As part of the proposed strategy, the FBR may proceed with attachment of bank accounts and other enforcement actions in cases where stay orders have lapsed—especially where more than six months have passed since their expiry.

The tax authority has identified recovery of pending arrears as a top priority, emphasizing that all available legal options will be utilized to improve revenue collection before the close of the fiscal year.

Importantly, officials clarified that no new taxes or mini-budget is being planned. The current strategy is focused solely on recovering existing dues and enhancing compliance rather than imposing additional financial burden on taxpayers.

The FBR reiterated that effective enforcement and timely recovery are crucial to achieving annual revenue targets and easing fiscal pressures. Authorities believe that improved recovery efforts can significantly narrow the revenue gap without introducing new taxation measures.

Related Stories

Gohar Ejaz introduces sample one-page income tax return form

byCT Report
29/05/2026

LAHORE: The Chairman of Economic Policy and Business Development of Pakistan and a former caretaker federal minister, Gohar Ejaz, has...

Sindh reduces sales tax on motorcycle ride-hailing services to 2pc

byCT Report
29/05/2026

KARACHI: The Sindh Revenue Board (SRB) has reduced sales tax on motorcycle ride-hailing services from 5 percent to 2 percent...

KTBA urges govt to reduce higher WHT on property

byCT Report
29/05/2026

KARACHI: The Karachi Tax Bar Association (KTBA) has urged the government and the Federal Board of Revenue (FBR) to reduce...

SBP expands role of banks in foreign shareholding system

byCT Report
29/05/2026

KARACHI: The State Bank of Pakistan has approved a regulatory overhaul that delegates key share registration and repatriation functions for...

Next Post

Pakistan approves donkey meat exports to China after Gwadar delays

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.