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Category: Taxation

Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.

Tier-1 retailer

Pakistan Launches Fixed Tax Scheme for Retailers Under Rs200 Million Turnover

June 12, 2026June 12, 2026Hamza Shahnawaz

Simplified “Asaan” tax regime aims to expand formal retail sector ISLAMABAD, June 12, 2026 — Pakistan launches fixed tax scheme for retailers under Rs200 million annual turnover as part of Budget 2026–27, introducing a simplified taxation structure aimed at improving compliance and widening the tax net.

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Payment Cards

Pakistan Slashes Tax on International Card Payments to 0.5%

June 12, 2026June 12, 2026Hamza Shahnawaz

Budget 2026–27 aims to boost digital transactions and ease consumer costs ISLAMABAD, June 12, 2026 — Pakistan slashes tax on international card payments to 0.5% from 5% as the government announces a major relief measure for consumers in the Budget 2026–27, according to official budget documents released on Friday. The reduction applies to withholding tax […]

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pakistan customs

Duty-free raw material imports rise to 40% as Pakistan advances tariff reforms

June 12, 2026June 12, 2026Hamza Shahnawaz

Economic Survey 2025-26 highlights increased duty-free imports and sweeping tariff reductions aimed at boosting exports and industrial competitiveness

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FBR Image 01 New

FBR blocks sales tax refund claims worth Rs9.8 billion

June 12, 2026June 12, 2026Faisal Shahnawaz

The Federal Board of Revenue’s transformation plan yields rapid results, doubling tax return filings and exposing massive fraudulent activities.

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Tax Budget

Tax exemptions and concessions hit Rs2.53 trillion in FY2025

June 11, 2026June 11, 2026Faisal Shahnawaz

Annual Economic Survey reveals a minor overall dip in state giveaways, though sales tax and income tax exemptions continue to rise.

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pakistan customs

Pakistan Customs notifies new off-dock terminal at Hawksbay Karachi

June 11, 2026June 11, 2026Faisal Shahnawaz

International Cargo Terminals Pakistan to operate the facility, strengthening Danish investment and port de-congestion efforts.

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FBR Pakistan Karachi

FBR issues draft customs marine bunkering rules to regulate fuel supply to foreign vessels

June 11, 2026June 11, 2026Faisal Shahnawaz

Draft rules introduce electronic system, licensing and strict monitoring for bunker fuel operations at Pakistani ports

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Pakistan Iran

Pakistan Customs assures smooth clearance of Iranian LPG

June 10, 2026June 10, 2026Mrs. Anjum Shahnawaz

Authorities report uninterrupted LPG imports through Gabd-Rimdan border amid enhanced customs procedures and trade facilitation measures.

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pakistan customs

FBR issues new customs values of diesel engines for generators

June 10, 2026June 10, 2026Faisal Shahnawaz

New valuation ruling aims to address under-invoicing concerns in imports of diesel engines for generators.

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FBR Pakistan Karachi

FBR Launches PRAL Front Desk at LTO Karachi to Enhance Taxpayer Support

June 9, 2026June 9, 2026Faisal Shahnawaz

New PRAL Facilitation Desk at LTO Karachi to Simplify Digital Tax Services for Businesses

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