New regulations introduce digital processing, stricter customs oversight and uniform standards for marine fuel supply at Karachi, Port Qasim and Gwadar.
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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 notifies overstayed cargo management rules from August 31
New automated customs framework introduces digital penalties, adjudication and appeals for overstayed imported cargo at Pakistan’s seaports.
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Pakistan slashes regulatory duty on imported perfumes by over 54% in FY2026-27
Lower regulatory duty on imported perfumes takes effect from July 1, 2026, potentially improving availability and influencing consumer demand across Pakistan.
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FBR failed to recover Rs3.1 Billion tax on salary income: AGP
Audit says weak monitoring of withholding agents led to under-deduction of income tax from employees’ salaries
ISLAMABAD: The Federal Board of Revenue (FBR) failed to recover Rs3.116 billion in income tax on salary payments due to incorrect tax deductions by employers, according to the latest audit report of the Auditor General of Pakistan (AGP).
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FBR notifies 1% minimum value addition tax for imported coal
Concessionary tax rate will apply to coal imported exclusively for direct supply to NEPRA-licensed coal-fired Independent Power Producers.
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FBR cuts regulatory duty on imported ice-creams from FY2026-27
Reduced duty rate on imported ice-creams takes effect from July 1, 2026, under Pakistan’s new tariff schedule for fiscal year 2026-27.
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Pakistan Customs seizes Rs366 million marijuana shipment from Thailand
Customs officials intercept 12kg of marijuana concealed inside toy parcels at Karachi’s International Mail Office during routine screening.
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Sindh exempts sales tax on crop insurance reinsurance services
Finance Act 2026 extends sales tax exemption to reinsurance services for crop and export-related marine insurance from 1 July 2026.
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Sindh enacts taxpayer confidentiality law under Finance Act 2026
New Section 73A protects taxpayer information while allowing limited disclosure for tax administration and inter-governmental cooperation.
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Pakistan’s tax expenditure below global average, FBR reports
Tax Expenditure Report 2026 estimates Pakistan’s tax expenditure at 2.07% of GDP, well below the global average of 4.9%.
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