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Category: Taxation

Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.

Punjab revenue authority

PRA Moves to Extended Shifts, Suspends Weekends to Lift Revenue Performance

June 24, 2026June 24, 2026Faisal Shahnawaz

Punjab Revenue Authority tightens operational schedule to meet fiscal year targets by June 30

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pakistan customs

FBR extends customs duty exemption on aircraft and aviation parts for FY2026-27

June 23, 2026June 23, 2026Hamza Shahnawaz

Airlines, MROs and aircraft maintenance organisations to benefit from zero customs duty on aircraft and aviation-related imports.

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FBR Image 01 New

FBR Imposes Conditions on Skimmed Milk Powder Imports from July 2026

June 23, 2026June 23, 2026Hamza Shahnawaz

Zero customs duty retained as FBR restricts concessional imports to authorised nutrition programmes ISLAMABAD: The Federal Board of Revenue (FBR) has announced new regulatory conditions for the import of skimmed milk powder under the Finance Bill 2026, effective from July 1, 2026, while maintaining a zero per cent customs duty on the product.

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FBR Building

FBR Chairman Praises Budget Team for Smooth Delivery of Federal Budget 2026-27

June 23, 2026June 23, 2026Faisal Shahnawaz

Rashid Langrial commends officials for crafting a growth-oriented budget through extensive coordination and stakeholder engagement

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Tax Budget

Government faces backlash over Rs50 billion tax relief for high-paid executives

June 22, 2026June 22, 2026Faisal Shahnawaz

Finance Bill 2026 accused of favouring top earners while lower-income salaried workers receive no meaningful relief

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Millat Tractors Limited

Updated Customs Duty Rates on Import of Agriculture Tractors Effective July 1, 2026

June 22, 2026June 22, 2026Faisal Shahnawaz

FBR revises customs duty structure for imported agricultural tractors under Finance Bill 2026

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prius japan

FBR Notifies Updated Customs Duty on Import of Hybrid Vehicles

June 22, 2026June 22, 2026Faisal Shahnawaz

Concessionary 1% customs duty retained for imported HEV CBUs through the Finance Bill 2026

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medicine

FBR Updates Customs Duty on Medical Equipment from July 2026

June 22, 2026June 22, 2026Hamza Shahnawaz

Customs duty rates remain unchanged on essential medical and surgical equipment under Finance Bill 2026 ISLAMABAD: The Federal Board of Revenue (FBR) has announced updated customs duty arrangements for imported surgical and medical equipment under the Finance Bill 2026, confirming that existing tariff rates will remain unchanged from July 1, 2026.

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solar electricity

FBR Imposes Conditions on Solar Panel Imports from July 2026

June 21, 2026June 21, 2026Hamza Shahnawaz

Zero customs duty retained as regulatory framework tightened under Finance Bill 2026 ISLAMABAD: The Federal Board of Revenue (FBR) has announced new regulatory conditions for solar panel imports effective from July 1, 2026, while maintaining a zero per cent customs duty on imported solar equipment under the Finance Bill 2026.

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pakistan customs

Customs announces auction of overstay hydrocarbon solvent at Taftan and Quetta Dry Port

June 21, 2026June 21, 2026Hamza Shahnawaz

Seven consignments of White Spirit tanker cargo to be auctioned as Customs moves to clear long-stored imported goods

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