Pakistan Revenue
Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
No increase in tariffs on imported smartphones as government maintains policy continuity for tech sector ISLAMABAD: The Federal Board of Revenue (FBR) has confirmed revised customs duty arrangements for smartphones, stating that there will be no increase in tariffs on imported devices effective from July 1, 2026, under the Finance Bill 2026.
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Direct taxes emerge as key driver as Pakistan’s tax system shifts toward higher compliance and broader revenue mobilisation
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Reduced customs duty regime for electric vehicle imports extended for another year under Finance Bill 2026
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Tax expenditure report shows 70% jump in reduced-rate sales tax concessions despite efforts to curtail tax expenditures
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Customs Enforcement records sharp rise in revenue recovery through confiscated assets and anti-smuggling operations
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Simplified tax scheme aims to expand tax base, formalise retail sector and increase revenue collection
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Revenue authority orders extended working hours, including weekends, to maximise tax collection before fiscal year-end
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New Section 73A seeks to protect taxpayer confidentiality while allowing information sharing with authorised government agencies
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Beauty parlours and salons to continue paying reduced 8% sales tax as POS integration becomes mandatory
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Proposed amendment expands scope of taxable professional services, imposing 8% sales tax on tax consultancy and preparation services
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