Pakistan Revenue
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.
The Customs Act, 1969 has introduced a Cargo Tracking System (CTS) and e-bilty mechanism under Section 83C, updated for tax year 2026. This digital initiative ensures real-time monitoring, transparency, and accountability in the movement of goods across Pakistan’s seaports, land borders, and inland transport hubs.
Continue Reading
Importers bringing goods into Pakistan for direct local use or sale must comply with the customs clearance procedure for home consumption as laid down in Section 83 of the Customs Act, 1969, updated for tax year 2026.
Continue Reading
Importers clearing goods through Pakistan Customs should be fully aware of Section 81 of the Customs Act, 1969, which governs the provisional determination of customs duty and taxes. Updated for tax year 2026, this provision allows temporary clearance of consignments when final assessment cannot be completed immediately.
Continue Reading
Karachi, January 29, 2026 — The Federal Board of Revenue (FBR) has ramped up its monitoring of Pakistan’s wealthy elite as luxury car sales skyrocket by a staggering 73% in the first half of fiscal year 2025-26.
Continue Reading
Lahore, January 29, 2026 — Pakistan Customs has announced that importers submitting correct and complete declarations will be given priority for placement in the Green Channel, enabling faster clearance without physical examination.
Continue Reading
Karachi, January 28, 2026 – The Karachi Chamber of Commerce and Industry (KCCI) has urged the Federal Board of Revenue (FBR) to allow the adjustment of super tax liabilities against pending income tax and sales tax refunds to ease pressure on the business community.
Continue Reading
Islamabad, January 28, 2026 — The Federal Board of Revenue (FBR) on Wednesday directed all Inland Revenue (IR) field formations to keep their collection counters open on Saturday, January 31, 2026, in a move aimed at strengthening revenue collection towards the end of the month.
Continue Reading
Islamabad, January 28, 2026 – The Federal Board of Revenue (FBR) has collected withholding tax over Rs3 trillion during the first half (July–December) of fiscal year 2025-26 (1HFY26), reflecting a notable improvement in revenue mobilization despite mixed performance across various withholding tax heads.
Continue Reading
Islamabad, January 28, 2026 — Banks will be required to pay super tax from tax year 2023 onwards after the Federal Constitutional Court upheld the applicability of super tax under Section 4C of the Income Tax Ordinance, 2001, according to a press release issued by the Federal Board of Revenue (FBR).
Continue Reading
Islamabad, January 28, 2026 — The Supreme Court of Pakistan has ruled that tax orders issued by the Federal Board of Revenue (FBR) after the expiry of the legally prescribed time limit are unlawful, reaffirming that such actions cannot be sustained under the Sales Tax Act, 1990.
Continue Reading