ISLAMABAD, April 22, 2026 – Federal Board of Revenue (FBR) has reduced the valuation of immovable properties by 10% to 30% in five major cities, aiming to align official rates with market values and stimulate real estate transactions.
(more…)Author: Shahnawaz Akhter
-
Budget 2026–27: Khurram Ijaz calls for bold steps to boost exports
Karachi, April 22, 2026 — Khurram Ijaz, General Secretary of Businessmen Panel Progressive (BMPP) and former Vice President of Federation of Pakistan Chambers of Commerce and Industry, has called on policymakers to present a production-friendly federal budget for 2026–27, emphasizing the need to revive industrial growth and enhance exports.
(more…) -
FBR capital gains tax surges over Rs100 billion in 9MFY26 on PSX rally
KARACHI, April 21, 2026 — The Federal Board of Revenue (FBR) has recorded a sharp increase in revenue from capital gains tax during the first nine months of fiscal year 2025–26, driven by strong trading activity at the Pakistan Stock Exchange.
(more…) -
FBR reports 22% drop in profit-on-debt tax collection amid rate cuts
ISLAMABAD, April 21, 2026 — The Federal Board of Revenue (FBR) has reported a sharp decline in revenue from profit-on-debt, reflecting the impact of sustained monetary easing over the past two years.
(more…) -
FBR revises import values for polyester yarn amid war crisis
KARACHI, April 21, 2026 — Pakistan’s Federal Board of Revenue (FBR) has revised customs values for polyester filament yarn, citing rising international prices driven by geopolitical tensions and supply chain disruptions linked to ongoing global conflicts.
(more…) -
OICCI proposes 5% cap on withholding tax, urges major tax reform
KARACHI, April 20, 2026 — The Overseas Investors Chambers of Commerce and Industry (OICCI) has recommended that Pakistan cap withholding tax rates at a maximum of 5%, arguing that such taxes should be used primarily to broaden the tax base rather than generate direct revenue.
(more…) -
REAP optimistic: Diplomatic breakthroughs could propel Pakistan’s exports to $100 billion
KARACHI, April 20, 2026 – The Rice Exporters Association of Pakistan (REAP) has expressed strong optimism regarding the cooling of tensions in the Middle East, attributing the positive shift to Pakistan’s proactive diplomatic efforts. According to REAP, this newfound regional stability could serve as a massive catalyst for national trade, potentially driving Pakistan’s total exports to a staggering $100 billion within the next three years.
(more…) -
Pakistan sees $1.83 billion profit repatriation by foreign investors
KARACHI, April 20, 2026 – New data released by the State Bank of Pakistan (SBP) on Monday reveals a significant uptick in the movement of international capital. Foreign investors repatriated a total of $1.83 billion in profits and dividends during the first nine months (July to March) of the 2025-26 fiscal year.
(more…) -
LTO Karachi posts record Rs2.58 trillion tax collection in 9MFY26
KARACHI, April 20, 2026- The Large Taxpayers Office (LTO) Karachi reported record tax collection of Rs2.58 trillion in the first nine months of fiscal year 2025-26, marking a 10% increase compared with the same period last year, official data showed on Monday.
(more…) -
Business council urges FBR to withdraw super tax surcharge notices
KARACHI – The Pakistan Business Council (PBC) has urged the Federal Board of Revenue (FBR) to withdraw what it described as “illegal” notices for the recovery of default surcharge on super tax, warning that the move could undermine business confidence and economic stability.
(more…)