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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.

FBR - Taxation

Retail tax collections surge as FBR rakes in 30% more revenue

February 17, 2026February 17, 2026Shahnawaz Akhter

Islamabad, February 17, 2026 — The Federal Board of Revenue (FBR) has recorded a 30 percent increase in withholding income tax collection from retailers during the first seven months (July to January) of the ongoing fiscal year 2025–26, according to official provisional data.

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Tax Budget

How long must you stay to be a tax resident in Pakistan?

February 17, 2026February 17, 2026Shahnawaz Akhter

Islamabad, February 17, 2026 – Determining tax residency in Pakistan hinges on the duration of stay, as outlined in Rule 14 of the Income Tax Rules, 2002 (amended up to November 24, 2023). Understanding this rule is crucial for individuals to comply with the Income Tax Ordinance, 2001.

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KTBA Bar

ATIR workers’ protest hampers tax appeal filing, KTBA warns

February 16, 2026February 16, 2026Shahnawaz Akhter

Karachi, February 16, 2026 – The Karachi Tax Bar Association (KTBA) on Monday raised serious concerns over the ongoing protest by employees of the Appellate Tribunal Inland Revenue (ATIR), stating that the disruption has severely hampered the filing of appeals and stay applications, causing significant hardship for taxpayers and their legal representatives.

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pakistan customs

Pakistan Customs issues new valuation ruling for coconut oil imports

February 16, 2026February 16, 2026Shahnawaz Akhter

Karachi, February 16, 2026 – The Directorate General of Customs Valuation, under the Government of Pakistan, has issued a new Valuation Ruling No. 2042/2026 to determine uniform customs values for imported coconut oil under Section 25A of the Customs Act, 1969.

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FBR White

Tax incentive on property purchases slides FBR collection by 29% in 7MFY26

February 16, 2026February 16, 2026Shahnawaz Akhter

Islamabad, February 16, 2026 – The Federal Board of Revenue (FBR) has reported a sharp 29% decline in advance income tax collection on immovable property purchases during the first seven months (July to January) of fiscal year 2025-26, following significant reductions in tax rates.

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PBC Proposals

Tax collection from brokerage and commission surges 20% in 7MFY26

February 15, 2026February 15, 2026Shahnawaz Akhter

Islamabad, February 15, 2026 – The Federal Board of Revenue (FBR) has reported a significant 20% increase in withholding tax collection from brokerage and commission during the first seven months (July to January) of fiscal year 2025-26.

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Payment Cards

FBR collects Rs11 billion in advance tax on foreign card payments in 7MFY26

February 15, 2026February 15, 2026Shahnawaz Akhter

Islamabad, February 15, 2026 – The Federal Board of Revenue (FBR) has collected Rs11 billion as advance income tax on foreign payments made through credit cards, debit cards, and prepaid cards during the first seven months (July to January) of fiscal year 2025-26.

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Muhammad Aurangzeb

Finance Minister Aurangzeb promises tax Relief for property and construction sectors

February 15, 2026February 15, 2026Mrs. Anjum Shahnawaz

Lahore, February 14, 2026 – Federal Finance Minister Senator Muhammad Aurangzeb has assured the government will consider reducing several taxes in the property sector while providing relief to the construction and export-oriented industries.

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Tax Budget

Exporters pay over Rs103bn in taxes in just 7 months

February 14, 2026February 14, 2026Shahnawaz Akhter

Islamabad, February 14, 2026 — The Federal Board of Revenue (FBR) has collected over Rs103 billion from exporters during the first seven months (July to January) of the ongoing fiscal year 2025-26, according to provisional official data.

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FBR Building

FBR tax take slides Rs83bn as SBP interest rate cuts bite hard

February 13, 2026February 13, 2026Shahnawaz Akhter

Islamabad, February 13, 2026 — The Federal Board of Revenue (FBR) has reported a sharp Rs83.58 billion decline in tax collection under profit on debt during the first seven months (July–January) of FY26, primarily due to a steep cut in the benchmark interest rate that significantly reduced returns on bank deposits and government securities.

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