Revised tariff schedule lowers duty on luggage, handbags and travel accessories from July 1, 2026
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Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
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FBR allows tax continuity for corporatised iron and steel manufacturers
New sales tax procedures enable seamless transition from sole proprietorships and AOPs to companies without disrupting tax compliance
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LTO Karachi Missed Rs223.5mn FED Recovery on Vehicle Sales: AGP
Audit says FBR failed to pursue legal action over short-paid Federal Excise Duty on locally manufactured vehicles
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FBR allocates Rs377 million for vehicle fuel in FY2026-27
Annual procurement plan earmarks nearly Rs394 million for fuel, alongside spending on office repairs, machinery and administrative operations
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FBR establishes PMU for national faceless centre rollout
New Programme Management Unit to oversee nationwide implementation of the National Faceless Centre and modernise tax administration
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FBR unveils draft income tax scheme for small shopkeepers
Proposed voluntary regime offers 1% turnover tax, audit relief and simplified compliance for eligible retailers
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FBR officially launches tax return filing season for Tax Year 2026
Income tax return form goes live on IRIS portal as taxpayers prepare for September 30 filing deadline
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Non-disposal of confiscated vehicles costs FBR Rs12.6 billion in blocked revenue: AGP
Audit says delayed disposal of seized vehicles and goods led to revenue blockage and depreciation of confiscated assets
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FBR plans real-time production monitoring for electronics manufacturers
Tax authority invites bids for digital system to monitor household electronics production and strengthen tax compliance
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AGP flags Rs490.58mn tax loss over POS system at retail outlets
Audit says FBR failed to disallow inadmissible input tax credit claimed by non-compliant Tier-I retailers
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