KARACHI, April 26, 2026 – Pakistan Customs has notified revised enhanced customs values for imported old and used Apple iPhones, a move that is expected to increase duty and tax payments at the import clearance stage and push up retail prices in the local market.
(more…)Category: Taxation
Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
-

KTBA raises voice for high earners amid FBR super tax surcharge action
Karachi, April 24, 2026 – The Karachi Tax Bar Association (KTBA) has strongly defended high-income taxpayers against default surcharge proceedings initiated by the Federal Board of Revenue (FBR), raising concerns over legality, fairness, and economic impact.
(more…) -

FBR announces mega vehicle auction in Peshawar with dozens of confiscated cars up for bidding
ISLAMABAD, April 23, 2026 – The Federal Board of Revenue (FBR) has announced a large-scale auction of confiscated vehicles under the Collectorate of Customs (Enforcement), Peshawar, offering a wide range of cars, SUVs, pickups and commercial vehicles to bidders.
(more…) -

NCCPL sets April 30 deadline for March capital gains tax payment
KARACHI, April 23, 2026 – National Clearing Company of Pakistan Limited (NCCPL) has announced April 30, 2026 as the deadline for stock brokers and asset management companies to deposit capital gains tax (CGT) for transactions carried out during March.
(more…) -

Sindh partners with banks to digitise property transfer tax collection
KARACHI, April 22, 2026 – The Sindh government has signed agreements with three major banks to digitise the collection of property transfer taxes, in a move aimed at improving transparency, efficiency and revenue management.
(more…) -

FBR slashes property valuation rates in five cities to boost real estate activity
ISLAMABAD, April 22, 2026 – Federal Board of Revenue (FBR) has reduced the valuation of immovable properties by 10% to 30% in five major cities, aiming to align official rates with market values and stimulate real estate transactions.
(more…) -

SNGPL clarifies disputed tax demand, says no financial impact
KARACHI, April 22, 2026 – Sui Northern Gas Pipelines Limited (SNGPL) on Wednesday clarified a disputed tax demand raised by authorities, stating that the matter is historical in nature and has no impact on the company’s current or future financial position.
(more…) -

FBR raises customs values for used imported mobile phones
KARACHI, April 22, 2026 — The Federal Board of Revenue (FBR) has notified revised customs values for old and used imported mobile phones, aiming to align duty assessment with prevailing international market trends and address stakeholder concerns.
(more…) -

FBR capital gains tax surges over Rs100 billion in 9MFY26 on PSX rally
KARACHI, April 21, 2026 — The Federal Board of Revenue (FBR) has recorded a sharp increase in revenue from capital gains tax during the first nine months of fiscal year 2025–26, driven by strong trading activity at the Pakistan Stock Exchange.
(more…) -

FBR reports 22% drop in profit-on-debt tax collection amid rate cuts
ISLAMABAD, April 21, 2026 — The Federal Board of Revenue (FBR) has reported a sharp decline in revenue from profit-on-debt, reflecting the impact of sustained monetary easing over the past two years.
(more…)
