Private vehicles up to 1,000cc to pay Rs20,000 lifetime token tax, while larger vehicles face annual levy based on invoice value from July 1, 2026.
(more…)Category: Budget 2026-27
This category provides latest stories related to budget 2026-27. Check updated articles on budget 2026-27 at Pakistan Revenue for information.
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Finance Act, 2026: new tax measures enforce from July 1
President signs Finance Bill 2026, paving the way for implementation of the FY2026-27 federal budget and revised tax regime
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National Assembly Passes Budget 2026-27
Government secures approval for Finance Bill 2026 with focus on economic stability, social protection, and sustainable growth.
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FBR extends customs duty exemption on aircraft and aviation parts for FY2026-27
Airlines, MROs and aircraft maintenance organisations to benefit from zero customs duty on aircraft and aviation-related imports.
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FBR Chairman Praises Budget Team for Smooth Delivery of Federal Budget 2026-27
Rashid Langrial commends officials for crafting a growth-oriented budget through extensive coordination and stakeholder engagement
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Government faces backlash over Rs50 billion tax relief for high-paid executives
Finance Bill 2026 accused of favouring top earners while lower-income salaried workers receive no meaningful relief
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Govt estimates over 40% decline in SBP profit during FY2026-27
Lower State Bank profits expected to cut federal non-tax revenue by nearly Rs1 trillion in the upcoming fiscal year
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Economic Survey 2025-26 reveals major shift in FBR tax revenue structure
Direct taxes emerge as key driver as Pakistan’s tax system shifts toward higher compliance and broader revenue mobilisation
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FBR notifies customs duty rates on electric vehicles from July 1, 2026
Reduced customs duty regime for electric vehicle imports extended for another year under Finance Bill 2026
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Aurangzeb rejects GDP controversy, says Pakistan economy reaches $452 billion
Finance minister defends economic statistics, highlights 3.7% GDP growth, record remittances and ongoing tax reforms
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