Importers bringing goods into Pakistan must understand Section 148 of the Income Tax Ordinance, 2001, which governs advance income tax at the import stage. This tax is collected by Customs at the time of clearance and can significantly affect cash flow and compliance for importers.
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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.
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December 31 set as deadline for November 2025 capital gain tax collection
Karachi, December 23, 2025 – The National Clearing Company Pakistan Limited (NCCPL) on Tuesday announced that December 31, 2025, is the final deadline for the collection of Capital Gain Tax (CGT) for the month of November 2025.
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Are provincial registered persons liable to pay advance income tax to FBR?
If you are a provincial sales tax (PST) registered person, it’s essential to know your obligations under Section 147A of the Income Tax Ordinance, 2001. For tax year 2026, the Federal Board of Revenue (FBR) has made it mandatory for PST-registered businesses to pay advance income tax, ensuring proper compliance and preventing penalties.
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Can FBR Recover Tax from Persons Assessed in AJK or Gilgit-Baltistan?
If you are living in Pakistan but have been assessed to tax in Azad Jammu & Kashmir (AJK) or Gilgit-Baltistan (GB), it is important to know that the Federal Board of Revenue (FBR) can initiate tax recovery proceedings against you. This ensures tax compliance across regions, even when local authorities cannot recover dues directly.
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Are you leaving Pakistan permanently? Must know tax liability before departure
If you are planning to leave Pakistan permanently, it is crucial to understand your tax obligations before departure. Failing to comply with tax laws can lead to asset freezes, recovery proceedings, or other legal consequences. For tax year 2026, the Federal Board of Revenue (FBR) emphasizes compliance under Section 145 of the Income Tax Ordinance, 2001.
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FBR Chairman, Bangladesh High Commissioner discuss tax cooperation, bilateral trade
Islamabad, December 22, 2025 — Chairman of the Federal Board of Revenue (FBR) Rashid Mahmood Langrial on Monday held a meeting with Bangladesh High Commissioner to Pakistan Md. Iqbal Hussain Khan to discuss ways to strengthen bilateral trade, enhance tax cooperation, and deepen overall economic relations between Pakistan and Bangladesh.
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FBR sees 92% growth in tax collection from car manufacturing in November 2025
Karachi, December 22, 2025 – The Federal Board of Revenue (FBR) has recorded a significant 92 percent increase in tax collection from new car manufacturing in Pakistan during November 2025, compared to the same month last year, reflecting a strong recovery in the auto sector.
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FBR explains liquidators’ role and responsibilities for tax year 2026
For tax year 2026, the Federal Board of Revenue (FBR) has clarified who qualifies as a liquidator and what legal responsibilities apply when handling assets of a taxpayer. These rules are laid out in Section 141 of the Income Tax Ordinance, 2001, and they impose strict compliance requirements to safeguard government tax revenue.
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How will FBR recover money held for tax defaulters in tax year 2026?
If you are holding money on behalf of a tax defaulter, tax year 2026 could bring serious consequences for you as well. Under Pakistan’s tax laws, the Federal Board of Revenue (FBR) has the legal authority to recover unpaid taxes directly from third parties who owe or hold money for defaulting taxpayers.
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Karachi Customs confiscates over 64,000 liters of smuggled Iranian fuel in major operation
Karachi, December 21, 2025 — Karachi Customs Enforcement has foiled a large-scale fuel smuggling attempt, confiscating 64,578 litres of smuggled Iranian diesel and petrol during an intelligence-led operation conducted at the Northern Bypass area of Karachi.
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