Private vehicles up to 1,000cc to pay Rs20,000 lifetime token tax, while larger vehicles face annual levy based on invoice value 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 Explains 5% Withholding Tax on Social Media Earnings in Finance Bill 2026
New tax framework aims to bring digital content creators and influencers into Pakistan’s formal tax system
ISLAMABAD: The Federal Board of Revenue (FBR) has clarified the mechanism for collecting withholding tax on social media earnings under the Finance Bill 2026, proposing a 5% tax deduction on income received by digital content creators and influencers through banking and financial institutions.
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FBR grants Rs438 billion tax exemptions from total income: report 2026
Overall income tax concessions rise to Rs580 billion despite decline in exemptions from total income
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Manufacturers and importers found defaulters for Rs6.52bn income tax, FBR asked to recover
Audit urges FBR to expedite recovery proceedings against 1,779 taxpayers over uncollected advance income tax
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Audit Pushes FBR to Take Action Against 1,300 Withholding Agents for Rs45.4 Billion Tax Recovery
Audit report highlights massive withholding tax shortfall and urges swift recovery proceedings
ISLAMABAD: The Federal Board of Revenue (FBR) is under pressure to accelerate the recovery of more than Rs45.38 billion in unpaid withholding taxes after audit findings revealed widespread non-compliance by over 1,300 withholding agents across the country.
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SRB appoints commissioner for appeals filed by two banks
Kaleemullah Siddiqui to hear appeals by Bank Makramah and JS Bank under Sindh Sales Tax on Services law
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Pakistanis Support Fair Tax on Social Media Influencers
Public favors taxing digital creators but calls for exemptions for small influencers and policies that encourage Pakistan’s growing digital economy.
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Pakistan Customs set to revise import values of old and used mobile phones
Stakeholders invited to June 29 meeting as Customs reviews valuation ruling for second-hand mobile phone imports
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Finance Act, 2026: new tax measures enforce from July 1
President signs Finance Bill 2026, paving the way for implementation of the FY2026-27 federal budget and revised tax regime
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FBR officials face hectic working hours next four days for tax collection
Tax offices to remain open over the weekend and until midnight on June 30 as FBR races to meet revised revenue target
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