Pakistan Revenue
Karachi, March 19, 2026 – The Federal Board of Revenue has issued SRO 527(I)/2026, extending the sales tax exemption and concessional rates on the import of white crystalline sugar in a move aimed at stabilizing domestic prices and ensuring adequate supply in the market.
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Islamabad, March 19, 2026 – The Federal Board of Revenue (FBR) has amended the International Transshipment Rules through SRO 517(I)/2026, introducing stricter regulations for the movement of transshipment cargo. The updated rules aim to enhance accountability, prevent pilferage, and ensure proper payment of duties and taxes.
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Islamabad, March 19, 2026 – The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has strongly criticized the unilateral imposition of additional charges on export cargo by ground handling agencies (GHAs), warning of serious consequences for Pakistan’s export sector.
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Karachi, March 19, 2026 – The Federal Board of Revenue (FBR) has announced new relief measures under the Export Facilitation Scheme (EFS), aiming to ease compliance and improve liquidity for exporters, trade, and industry.
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Karachi, March 18, 2026 – The Federal Board of Revenue (FBR) has granted a special storage facility to DP World at Port Qasim to handle international transshipment cargo, citing the ongoing crisis linked to the Iran war and heightened tensions in the Gulf region.
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Karachi, March 16, 2026 – Pakistan’s foreign direct investment (FDI) inflows declined by over 33% during the first eight months of the current fiscal year 2025-26, the State Bank of Pakistan (SBP) reported on Monday.
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Islamabad, March 16, 2026: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to ensure that taxpayers’ super tax liabilities are adjusted against their pending income tax refunds, terming the department’s refusal to do so arbitrary and discriminatory.
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Karachi, March 16, 2026 – The Federal Board of Revenue (FBR) has transferred the cases of several major multinational companies (MNCs) to the Large Taxpayers Office (LTO) Karachi to strengthen corporate tax oversight and ensure compliance with domestic tax laws.
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Karachi, March 16, 2026 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has submitted a comprehensive set of tax proposals to the Tax Policy Office (TPO), Ministry of Finance, aimed at enhancing revenue generation and formalizing the economy for the upcoming Federal Budget 2026–27.
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Islamabad, March 16, 2026 – The Federal Board of Revenue (FBR) on Monday announced the formation of two departmental committees tasked with recommending promotions for officials within the Inland Revenue Service (IRS). The move aims to streamline the promotion process and recognize the performance of officers across various grades in the department.
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