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Category: Taxation

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.

Sindh government

Sindh partners with banks to digitise property transfer tax collection

April 23, 2026April 23, 2026Mrs. Anjum Shahnawaz

KARACHI, April 22, 2026 – The Sindh government has signed agreements with three major banks to digitise the collection of property transfer taxes, in a move aimed at improving transparency, efficiency and revenue management.

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FBR White

FBR slashes property valuation rates in five cities to boost real estate activity

April 23, 2026April 23, 2026Shahnawaz Akhter

ISLAMABAD, April 22, 2026 – Federal Board of Revenue (FBR) has reduced the valuation of immovable properties by 10% to 30% in five major cities, aiming to align official rates with market values and stimulate real estate transactions.

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natural gas

SNGPL clarifies disputed tax demand, says no financial impact

April 22, 2026April 22, 2026Faisal Shahnawaz

KARACHI, April 22, 2026 – Sui Northern Gas Pipelines Limited (SNGPL) on Wednesday clarified a disputed tax demand raised by authorities, stating that the matter is historical in nature and has no impact on the company’s current or future financial position.

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mobile phone import policy in Pakistan

FBR raises customs values for used imported mobile phones

April 22, 2026April 22, 2026Hamza Shahnawaz

KARACHI, April 22, 2026 — The Federal Board of Revenue (FBR) has notified revised customs values for old and used imported mobile phones, aiming to align duty assessment with prevailing international market trends and address stakeholder concerns.

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FBR - Taxation

FBR capital gains tax surges over Rs100 billion in 9MFY26 on PSX rally

April 21, 2026April 21, 2026Shahnawaz Akhter

KARACHI, April 21, 2026 — The Federal Board of Revenue (FBR) has recorded a sharp increase in revenue from capital gains tax during the first nine months of fiscal year 2025–26, driven by strong trading activity at the Pakistan Stock Exchange.

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FBR Pakistan Karachi

FBR reports 22% drop in profit-on-debt tax collection amid rate cuts

April 21, 2026April 21, 2026Shahnawaz Akhter

ISLAMABAD, April 21, 2026 — The Federal Board of Revenue (FBR) has reported a sharp decline in revenue from profit-on-debt, reflecting the impact of sustained monetary easing over the past two years.

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pakistan customs

FBR revises import values for polyester yarn amid war crisis

April 21, 2026April 21, 2026Shahnawaz Akhter

KARACHI, April 21, 2026 — Pakistan’s Federal Board of Revenue (FBR) has revised customs values for polyester filament yarn, citing rising international prices driven by geopolitical tensions and supply chain disruptions linked to ongoing global conflicts.

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pakistan agriculture

Punjab Assembly halts revised agricultural income tax rates

April 21, 2026April 21, 2026Mrs. Anjum Shahnawaz

LAHORE — The Punjab Assembly has declared recent government notifications revising agricultural income tax rates unlawful, ordering an immediate suspension of their enforcement, assessments and collections.

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Overseas Chamber

OICCI proposes 5% cap on withholding tax, urges major tax reform

April 21, 2026April 21, 2026Shahnawaz Akhter

KARACHI, April 20, 2026 — The Overseas Investors Chambers of Commerce and Industry (OICCI) has recommended that Pakistan cap withholding tax rates at a maximum of 5%, arguing that such taxes should be used primarily to broaden the tax base rather than generate direct revenue.

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LTO Karachi

LTO Karachi posts record Rs2.58 trillion tax collection in 9MFY26

April 20, 2026April 20, 2026Shahnawaz Akhter

KARACHI, April 20, 2026- The Large Taxpayers Office (LTO) Karachi reported record tax collection of Rs2.58 trillion in the first nine months of fiscal year 2025-26, marking a 10% increase compared with the same period last year, official data showed on Monday.

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  • KSE-100 Falls 2,475 Points Amid Escalating Middle East Tensions
  • Pakistan Slashes Petrol Price by Rs74, Diesel by Rs67 Per Litre
  • PM Shehbaz announces sharp cut in petroleum prices from June 20, 2026
  • Gold, silver and foreign currency seizures generate nearly Rs3 billion for Peshawar Customs
  • Karachi Port achieves record container handling of 2.654 million TEUs
  • Government targets 3.5 million shopkeepers for tax registration in 2026-27
  • SPI-based weekly inflation surges 15.28% YoY: PBS
  • FBR opens special tax collection window to reach Rs12.98 trillion target
  • Gold Prices in Pakistan Plunge Rs14,900 Per Tola on June 19
  • Sindh Finance Bill 2026 Introduces Tax Information Disclosure Law
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