Pakistan Revenue
Pakistan Revenue delivers the latest taxation news, covering income tax, sales tax, and customs duty. Stay updated with insights on tax policies, regulations, and financial developments in Pakistan.
ICAP proposes monthly CNIC-linked banking data reporting and AI-driven analysis to help FBR detect undeclared income and improve tax compliance The Institute of Chartered Accountants of Pakistan (ICAP) has called for the Federal Board of Revenue (FBR) to significantly expand its use of banking data, recommending monthly digital transaction reporting to improve tax compliance and […]
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ICAP proposes tax facilitation desks, data-sharing systems and national performance rankings for chambers to help widen Pakistan’s tax base and curb informality The Institute of Chartered Accountants of Pakistan (ICAP) has proposed a major overhaul of Pakistan’s tax enforcement framework, suggesting that district chambers of commerce be turned into active partners in efforts to curb […]
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Updated valuation expected to impact import duties and tyre pricing across Pakistan KARACHI, June 6, 2026 — The Federal Board of Revenue (FBR) has revised the customs values of imported tyres and tubes for passenger vehicles, a move expected to affect import duties and overall pricing in Pakistan’s automotive sector.
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New tax facilitation initiative offers incentives and simplified compliance, but success will depend on enforcement and long-term participation Pakistan’s latest Tax Facilitation Scheme for small traders arrives with promises that have become familiar over the years: broadening the tax base, simplifying compliance and encouraging voluntary registration of millions of retailers operating outside the formal economy. […]
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Delegation reviews feasibility, infrastructure requirements and operational integration for automated baggage handling project Japan International Cooperation Agency officials visited Multan International Airport to assess plans for installing a modern Baggage Handling System (BHS), a project intended to improve operational efficiency and enhance passenger services.
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The Federal Board of Revenue (FBR) has dismissed a customs appraising officer from service after disciplinary proceedings found him guilty of inefficiency and misconduct in an LED TV import case that could have caused a significant loss to the national exchequer.
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The federal government has unveiled a new fixed tax scheme for small traders and retailers as part of its broader strategy to expand the tax net and increase revenue collection. Finance Minister Muhammad Aurangzeb announced the initiative during a joint press conference with Minister of State for Finance Bilal Azhar Kayani in Islamabad.
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Pilot project aims to create a faceless, AI-powered tax administration system to enhance transparency, compliance and revenue collection Prime Minister Shehbaz Sharif on Thursday directed authorities to launch a pilot phase of an Artificial Intelligence (AI)-driven automated tax system in Islamabad as part of the government’s efforts to modernise tax administration, improve compliance and strengthen […]
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Government weighs capital gains, transaction and holdings-based taxation as digital assets move toward formal regulatory framework ISLAMABAD, June 4, 2026 — Pakistan is preparing to introduce a formal tax and regulatory framework for cryptocurrency transactions as part of the federal budget 2026–27, in what would mark one of the country’s first structured attempts to bring […]
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FBR converts proposed major penalty into minor disciplinary action, reinstates officer with conditions ISLAMABAD, June 4, 2026 — The Federal Board of Revenue (FBR) has cleared a Pakistan Customs inspector posted in Lahore in a corruption-related disciplinary case, converting a previously recommended major penalty into a minor punishment after departmental review.
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