Karachi, April 6, 2026 – Chairman of the Businessmen Group (BMG), Muhammad Zubair Motiwala, has called on the Federal Board of Revenue (FBR) to immediately restore the zero-rated sales tax for Pakistan’s export sector, warning that ongoing global and regional tensions could severely impact the country’s economy.
(more…)Author: Shahnawaz Akhter
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Salaried Class Pays Rs420bn Tax—Burden Keeps Rising
The salaried segment in Pakistan has contributed more than Rs420 billion in income tax during the first nine months (July–March) of fiscal year 2025-26, according to sources within the Federal Board of Revenue (FBR).
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ICMAP proposes vacant urban land tax in budget 2026-27
The Institute of Cost and Management Accountants of Pakistan (ICMAP) has proposed the introduction of an annual vacant urban land tax in the upcoming Budget 2026-27, aiming to improve land utilization and boost government revenue.
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FBR makes tax return filing mandatory for social media earners in Pakistan
In a major step to regulate the country’s fast-growing digital economy, the Federal Board of Revenue has made it mandatory for individuals earning through social media platforms to file annual income tax returns. The move targets both local influencers and foreign content creators generating revenue from Pakistani audiences.
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ICMAP proposes carbon, pollution levy on large industries
Institute of Cost and Management Accountants of Pakistan (ICMAP) has proposed the introduction of a Carbon and Pollution Levy on large industrial units as part of its tax recommendations for the Federal Budget 2026–27.
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Business leaders warn fuel price hike may cripple economy
Karachi, April 3, 2026 – Pakistan’s leading business bodies have strongly condemned the unprecedented surge in petroleum prices, warning that the move could trigger economic paralysis, widespread industrial shutdowns, and a fresh wave of inflation across the country.
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FBR launches monitoring of tiles production through video analytics
Islamabad, April 3, 2026 – The Federal Board of Revenue (FBR) has introduced a new digital monitoring system to track tile production across the country using advanced video analytics technology.
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Customs officer punished after deadly Karachi operation
Islamabad, April 3, 2026 – The Federal Board of Revenue (FBR) has imposed strict disciplinary action against a Customs Preventive Officer following a tragic incident during an anti-smuggling operation in Karachi that resulted in the death of a civilian.
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Taxpayer’s secret recording leads to major break in corruption case
Islamabad, April 3, 2026 – A taxpayer’s secretly recorded audio and video evidence has triggered a major breakthrough in a corruption and misconduct case against a senior tax officer, leading to a significant disciplinary action and demotion.
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Khurram Ijaz Slams Fuel Hike, Warns of Inflation Surge
Karachi, April 3, 2026 – Khurram Ijaz, General Secretary of Businessmen Panel Progressive (BMPP) and former Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has strongly criticized the recent sharp increase in petroleum prices, warning that the decision will trigger a severe wave of inflation across the country and deepen economic hardship for both households and businesses.
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