Updated law allows confiscation of counterfeit products, untaxed goods and vehicles used for transportation
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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 mandates tax stamps on excisable goods under updated Federal Excise Act
Updated Federal Excise Act requires manufacturers to use tax stamps and digital tracking before goods enter the market
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FBR waives surcharge, penalties on PIA sales tax and FED liabilities
Relief covers penalties on sales tax and federal excise duty dues while principal liabilities remain payable
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AGP flags FBR’s Rs534.5 million income tax shortfall on imported goods
Audit says incorrect tax collection at customs clearance caused Rs534.5 million revenue loss
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FBR scrutinises foreign income in Pakistan’s real estate investments
Tax authority launches examination of REIT management companies to verify foreign investment and strengthen compliance under exchange of information laws.
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FBR obtains financial transactions data from banks, EMIs
Banks and Electronic Money Institutions will electronically share high-value transaction data with the FBR under a new automated compliance and risk assessment framework.
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FBR introduces final tax on life insurance payouts to individuals
Finance Act, 2026 imposes withholding tax on certain life insurance and family takaful payments while exempting death, disability and long-term policy proceeds.
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Taxpayers seek refund of deemed income tax after court ruling
Uncertainty remains over refund claims after the Federal Constitutional Court struck down the deemed rental income tax and the Finance Act, 2026 repealed the provision.
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FBR exempts PIA from Rs4.29 billion in tax surcharges, penalties
Tax relief aims to support airline’s privatisation while preserving underlying income tax liabilities
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Punjab makes e-payment mandatory for property tax transactions
Punjab Finance Act, 2026 introduces compulsory electronic tax payments and replaces the monthly late payment surcharge with a quarterly mechanism.
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