Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
Shift toward solar energy cited among major reasons behind lower tax collection
The Federal Board of Revenue (FBR) recorded a nearly 30% decline in withholding income tax collection through electricity bills from Karachi during the first 10 months of fiscal year 2025–26, according to official sources.
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New SRO introduces stricter disclosure requirements and mandatory registration framework for INGOs
The Federal Board of Revenue (FBR) has amended income tax rules to make registration compulsory for International Non-Governmental Organizations (INGOs), tightening compliance requirements under the country’s tax framework.
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Provincial sales tax on services collection rises 28.5% during July-March FY2025-26
Punjab recorded the highest growth in sales tax collection on services among Pakistan’s provinces during the first nine months of fiscal year 2025–26, posting an increase of more than 38%, according to official data released by the finance ministry.
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Digital surveillance system to monitor production lines of milk, steel, oil and ghee manufacturers in real time
The Federal Board of Revenue (FBR) has expanded its digital tax monitoring system to production lines of packaged milk, iron and steel, edible oil and ghee manufacturers with immediate effect.
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Pakistan plans fresh revenue measures as FBR faces likely shortfall in FY26 collections
Pakistan’s government is expected to introduce around 430 billion rupees in new tax measures in the federal budget for 2026–27 (FY27) as it seeks to strengthen revenues amid pressure from lower-than-targeted collections, according to official documents.
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Revised valuation tables issued through SRO 876(I)/2026 cover multiple DHA phases and commercial sectors in Lahore
The Federal Board of Revenue (FBR) has revised property valuation tables for Nishtar Town, Lahore, for the purpose of determining withholding tax collection on property transactions.
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Tax authority opens LTOs, MTOs, CTOs and RTOs on May 23–24 amid revenue shortfall pressure
The Federal Board of Revenue (FBR), Pakistan’s tax authority, has converted the upcoming weekend into working days for tax offices as it steps up efforts to improve revenue collection amid growing pressure to meet its annual target.
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Tax body urges FBR to launch IRIS test environment and extend consultation period for 2026 return forms
The Karachi Tax Bar Association (KTBA) has urged Pakistan’s tax authority to introduce pilot testing of income tax return forms for Tax Year 2026 before formal rollout, citing technical, formatting, and procedural concerns.
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Pakistan Customs will auction seized vehicles, including Mercedes-Benz S-Class, Toyota Prado, Nissan Patrol, Corolla, Civic, Aqua, and others.
Pakistan Customs will hold a public auction of seized and confiscated vehicles in Islamabad on May 21, 2026, offering a wide range of imported and luxury vehicles under an “as is where is basis,” officials said.
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Tax authority expands digital monitoring system to textiles, beverages and major industrial sectors
The Federal Board of Revenue expects to collect an additional Rs48 billion in tax revenue during fiscal year 2026-27 through expanded production monitoring systems across key industrial sectors, according to official documents.
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