Karachi, April 1, 2026 – The Federal Board of Revenue (FBR) has implemented a major property tax relief package aimed at revitalizing Pakistan’s real estate and construction sector, signaling a strong push to attract investment and ease financial pressures on builders and developers.
(more…)Author: Shahnawaz Akhter
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FBR outlines taxation regime for Pakistani social media influencers
Islamabad, April 1, 2026 – The Federal Board of Revenue (FBR) has unveiled a draft taxation framework aimed at bringing Pakistani social media influencers into the formal tax net, targeting high-income earners who have largely remained undocumented.
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FBR imposes tax on social media content in Pakistan
Islamabad, April 1, 2026 – In a landmark move to expand the tax net into the digital economy, the Federal Board of Revenue (FBR) has proposed the imposition of income tax on foreign social media content consumed in Pakistan. The proposal has been introduced through SRO 545(I)/2026, outlining draft amendments to the Income Tax Rules, 2002.
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Khurram Ijaz decries ‘unfair penalties’ on exporters as containers stranded post‑Iran war fallout
Karachi, April 1, 2026 – Khurram Ijaz, foreign trade and logistics expert and former Vice President Federation Pakistan Chambers of Commerce & Industry (FPCCI), has strongly condemned what he termed the “unjust and exploitative practices” of port authorities and shipping lines, as exporters face mounting demurrage and detention charges on consignments stranded in the wake of the Iran war fallout.
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FBR announces major withholding tax relief for property builders, developers
Islamabad, April 1, 2026 – The Federal Board of Revenue (FBR) on Wednesday announced significant relief measures regarding withholding tax for property builders and developers, aiming to ease liquidity pressures and streamline tax compliance in the construction sector.
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FBR gives taxpayers 72-hour window to fix e-invoices
Islamabad, March 31, 2026 – The Federal Board of Revenue (FBR) has introduced a significant facilitation measure for taxpayers by allowing the cancellation, deletion, and editing of electronic sales tax invoices under defined conditions.
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FBR sets new customs values for imported beverages – VR 2052/2026
Karachi, March 31, 2026 – The Federal Board of Revenue has issued a new valuation ruling to determine customs values for imported beverages of foreign brands, aiming to streamline duty and tax collection at the import stage.
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Pakistan Budget 2026-27: ICMAP Pushes Crypto Tax Relief
Karachi, March 31, 2026 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has urged the federal government to introduce a comprehensive tax incentive scheme for cryptocurrency and fintech in the upcoming Budget 2026–27, aiming to bring digital assets into the formal economy.
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FBR updates LED lighting import customs valuation after 9 years
Karachi, March 30, 2026 – The Federal Board of Revenue (FBR) has issued fresh customs values for LED bulbs and tube lights through Valuation Ruling (VR) 2055/2026 to streamline import assessments and align them with prevailing market trends.
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FBR issues new polyester fabric import values – full rate list
Karachi, March 30, 2026 – The Federal Board of Revenue (FBR) has revised customs values of imported polyester fabrics through a new valuation ruling aimed at ensuring transparency and uniformity in duty assessment at the import stage.
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