Reduced regulatory duties on key polymer and plastic products aim to lower industrial input costs and support manufacturing growth in Pakistan.
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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 exempts bulletproof vehicle imports from sales tax
Finance Act 2026 also grants sales tax relief on specified maritime vessels and equipment to support shipping and logistics
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Pakistan extends sales tax exemption on aircraft imports to all airlines
Finance Act 2026 broadens aviation tax exemption beyond PIA to all airlines registered in Pakistan from July 2026
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FTO orders CTO Karachi to restore bank account in sales tax refund case
Ombudsman rules recovery became unlawful after appellate authority set aside the original sales tax assessment
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FBR explains why it uses 24.5% corporate tax benchmark for tax expenditure estimates
Tax Expenditure Report 2026 says conservative benchmark avoids overstating the fiscal cost of corporate tax concessions.
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FBR explains why individual tax expenditure estimates cannot be added together
Tax Expenditure Report 2026 says separate estimates do not reflect the total revenue impact of removing all tax concessions.
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FBR explains new adjustment factors for sales tax exempt local supplies
New three-tier methodology accounts for embedded sales tax in supply chains to provide a more accurate estimate of tax expenditure.
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AGP flags Rs3.5 billion in unrecovered FBR penalties, default Surcharges
Audit says thousands of taxpayers escaped penalties for late sales tax returns and delayed tax payments
ISLAMABAD: The Federal Board of Revenue (FBR) failed to impose and recover Rs3.54 billion in FBR penalties and default surcharges from thousands of taxpayers who either filed sales tax returns late or delayed payment of sales tax, according to the latest audit report of the Auditor General of Pakistan (AGP).
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FBR slashes regulatory duty on imported candies, sweets by 50% in FY2026-27
Reduced import duties on sugar confectionery and white chocolate are expected to lower costs, boost market competition, and increase consumer demand across Pakistan.
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FBR to collect taxes first on auctioned goods
New Sales Tax Act provision mandates tax recovery before owners receive auction proceeds and allows electronic public auctions.
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