Karachi, November 27, 2025 – The Federal Board of Revenue (FBR) has provided a detailed explanation of fair market value for transactions conducted during tax year 2026 (July 1, 2025, to June 30, 2026).
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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.
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PM Shehbaz orders two-year increment freeze for BS-20 IRS officer over Inefficiency
Islamabad, November 27, 2025 – Prime Minister Shehbaz Sharif has approved a disciplinary penalty against a senior BS-20 Inland Revenue Service (IRS) officer after charges of inefficiency were proven during an official inquiry. The Prime Minister ordered that the officer’s annual increment be withheld for two years.
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FBR welcomes Supreme Court ruling upholding confiscation of vehicle used in smuggling
Islamabad, November 27, 2025 – The Federal Board of Revenue (FBR) has welcomed a landmark judgment by the Supreme Court of Pakistan reaffirming the confiscation of vehicles involved in transporting smuggled goods.
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FBR declares Saturday, November 29 as a normal working day to boost revenue
Islamabad, November 26, 2025 – The Federal Board of Revenue (FBR) has announced that Saturday, November 29, 2025, will be treated as a normal working day across all Inland Revenue field formations, despite it being a weekly holiday.
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Govt unveils updated fee schedule for Pakistan Single Window services
Islamabad, November 26, 2025 – The federal government has announced a revised fee schedule for services offered under the Pakistan Single Window (PSW) system, aiming to improve transparency and streamline digital trade facilitation.
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FBR lowers customs values of nylon yarn amid global price decline
Karachi, November 26, 2025 – The Federal Board of Revenue (FBR) has officially lowered the customs values for nylon yarn imports, reflecting falling international market prices. The move comes as part of the FBR’s ongoing efforts to ensure fair and up-to-date valuation of imported goods.
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Why Invest in Pakistan? The Big Attraction of Tax Credit Incentives
Islamabad, November 26, 2025 – Thinking about investing in Pakistan’s industrial sector? There’s a powerful reason many companies find it appealing: generous tax credits that significantly reduce the cost of expansion and modernization.
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Did You Know How Much Tax Credit Pakistan Offers for Employment Generation?
Islamabad, November 26, 2025 – Pakistan continues to offer an important tax incentive aimed at boosting industrial activity and creating jobs across the country.
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Pakistan Customs seizes Rs81 million worth of NCP vehicles in Quetta
Quetta, November 25, 2025 — Pakistan Customs has carried out a major anti-smuggling operation in Quetta, impounding non-custom-paid (NCP) vehicles worth nearly Rs81 million.
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NCCPL announces capital gains tax collection schedule for October 2025
Karachi, November 25, 2025 – The National Clearing Company of Pakistan Limited (NCCPL) has announced the capital gains tax (CGT) collection schedule for transactions carried out during October 2025.
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