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.
ISLAMABAD, May 4, 2026 – The Federal Board of Revenue (FBR) has announced a waiver of penalties and default surcharge on tax liabilities amounting to Rs8.77 billion payable by Pakistan International Airlines (PIA).
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KARACHI: The income tax return filing for tax year 2026 is expected to begin in July for taxpayers across Pakistan. Individuals and Associations of Persons (AOPs) earning business income are advised to review the updated tax rates to ensure accurate and timely filing.
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Karachi, May 4, 2026 – The Federal Board of Revenue has revised customs values of fire alarm system parts following the detection of under-invoicing by importers.
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Islamabad, May 3, 2026 – Federal Minister for National Food Security and Research Rana Tanveer Hussain has emphasized the need for dairy sector tax reforms in Pakistan, calling for rationalized taxation and structural changes to improve affordability, ensure safe nutrition, and support farmers.
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Karachi, May 2, 2026 – The Pakistan Software Houses Association (P@SHA) has called for a clear tax classification of IT freelancers and remote workers in Pakistan’s upcoming federal budget 2026-27, warning that existing rules are creating significant distortions in the labor market.
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KARACHI, May 1, 2026– The Karachi Chamber of Commerce and Industry has backed the monitoring of jewelers’ business transactions by the Federal Board of Revenue, while cautioning against harassment by tax officials.
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Islamabad, May 1, 2026: The Federal Board of Revenue (FBR) is heading toward a historic shortfall in tax collection for the fiscal year 2025-26 after missing its revenue targets during the first ten months (July–April).
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Islamabad, April 30, 2026 — The Federal Constitutional Court of Pakistan has upheld the legality of the super tax, declaring Section 4C of the Income Tax Ordinance, 2001 constitutional and overturning earlier judgments of the Islamabad High Court.
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Karachi, April 30, 2026 — Retailers in Karachi contributed Rs6.25 billion in income tax during fiscal year 2024-25, marking a significant increase in tax collection, according to data released by the Federal Board of Revenue (FBR).
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Islamabad, April 29, 2026 — The Federal Tax Ombudsman (FTO) has exposed a significant cyber intrusion into Pakistan’s tax system, resulting in the unauthorized revision of a taxpayer’s sales tax return and fraudulent adjustment of input tax credit worth millions of rupees.
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