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Pakistan: Draft e-invoicing rules; revised fair market valuations of immovable property

Federal Board of Revenue released draft e-invoicing rules for multiple sectors and updated fair market valuations of immovable properties for tax purposes.

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march 9, 2026

The Federal Board of Revenue (FBR) on February 18, 2026, published a draft substitution of Chapter VIIA of the Income Tax Rules, 2002, for public comment regarding electronic invoicing (e-invoicing) by notified taxpayers.

The substituted chapter applies to various sectors, including restaurants, hotels, courier services, beauty salons, medical service providers, retailers, foreign exchange dealers, and private schools and colleges exceeding specified thresholds.

Key features of the draft include:

  • Notified taxpayers, referred to as “integrated enterprises,” must register, install, and integrate e-invoicing hardware and software with the FBR's centralized system, declare all business outlets and POS terminals, and ensure each sale generates an FBR-verified invoice.
  • The system must transmit invoice data in real time, maintain digital signatures and logs, and may require integration with card machines and CCTV installation.
  • Online platforms must be fully integrated and capable of auto-issuing FBR-verified invoices.
  • Noncompliance may result in penalties and enforcement actions.
  • All associated costs are the responsibility of the taxpayer.

Fair market valuations of immovable properties

The FBR has also issued several notifications revising the fair market valuations (FMV) of immovable properties for tax purposes:

  • SRO 163(I)/2026, dated February 2, 2026, establishes comprehensive FMVs for properties in Islamabad Capital Territory, replacing an earlier notification and introducing a detailed valuation framework. SRO 256(I)/2026, dated February 11, 2026, amends previous valuations for Adalat Garha, substantially lowering the figures to correct an overvaluation.
  • SRO 332(I)/2026, dated February 24, 2026, further amends the Islamabad valuation tables, updating rates for Naval Anchorage and agro/poultry/vegetable farms.

Read a March 2026 report prepared by the KPMG member firm in Pakistan

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