Tax Ombudsman proposes stricter safeguards and supervisory oversight before enforcement actions that interrupt lawful business operations
(more…)Category: Taxation
Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
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Karachi consumers pay over Rs26bn income tax through electricity bills in FY26
Advance income tax collection falls 23% as growing rooftop solar adoption reduces grid electricity consumption
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FBR collects nearly Rs139bn in capital gains tax from securities in FY26
Capital gains tax revenue surges 184% as record Pakistan Stock Exchange trading drives historic collections
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FTO makes online hearings default for tax complaints
Tax Ombudsman shifts to virtual proceedings to speed up complaint resolution, with physical hearings reserved for requests and complex cases
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Pakistan Customs steps up measures to ease congestion at Karachi ports
Customs expands cargo clearance operations as higher trade volumes increase pressure on KICT and SAPT terminals
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FBR begins assessment of staff shortages in Inland Revenue field formations
Tax authority seeks vacancy details for BS-01 to BS-15 posts to support recruitment and strengthen tax administration
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FTO orders RTO-II Karachi to unfreeze pensioner’s bank accounts
Tax Ombudsman declares recovery action maladministration, orders restoration of frozen accounts and disposal of pending tax appeal within 40 days.
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LTO Karachi shatters records by collecting Rs3.61 trillion in FY2025-26
FBR’s largest tax office posts record net revenue as direct taxes, sales tax and Federal Excise Duty collections register strong growth despite economic challenges.
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FBR revises FED rates on air travel services under updated Federal Excise Act
New federal excise duty structure applies to domestic and international air passenger travel under amended tax law
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FBR mandates brand licences for each SKU under updated Federal Excise Act
Unlicensed brands and stock keeping units to be treated as counterfeit goods liable to confiscation and destruction
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