Government plans to remove higher withholding tax rates for late filers, bringing them at par with active taxpayers.
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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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Pakistan Budget 2026-27 Proposes LLP Inclusion in AOP Definition
Finance Bill 2026-27 seeks to bring limited liability partnerships under AOP framework and revise taxation of exempt income received by members.
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Is Super Tax Abolished for Exporters for FY 2026-27?
Budget 2026-27 speech suggests relief for exporters, but the proposal is yet to be incorporated into the Finance Bill and awaits final approval through the Finance Act 2026.
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Senate committee recommends final tax regime for exporters
Senate finance panel calls for export-focused tax reforms to strengthen competitiveness and boost foreign exchange inflows
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NTC, PSW sign agreement for automation and digitisation of tariff processes
New partnership aims to modernise tariff operations, reduce case processing times and strengthen Pakistan’s trade defence mechanisms.
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FBR notifies fresh customs values of steel pipes under VR68/2026
New valuation ruling introduces updated customs assessment formula for carbon steel seamless pipes after industry consultations.
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Pakistan Proposes Major Reduction in FED on International Air Tickets for FY 2026-27
The budget 2026-27 aims to lower federal excise duty on premium-class international travel from July 2026.
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NA committee seeks explanation on new salary tax slabs
Lawmakers question effectiveness of proposed tax relief for salaried individuals and seek fiscal impact assessments
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Senate body approves withholding tax on social media income
Income up to Rs600,000 to remain exempt as Senate finance committee backs taxation framework for digital creators
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Government proposes Rs80 per litre FED on petroleum products
Finance Bill 2026 proposes new excise duty on petroleum products including naphtha, white spirit and solvent oil.
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