Record tax collection, narrower fiscal deficit and strong primary surplus underscore Pakistan’s improving fiscal performance, says Finance Ministry.
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Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
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FBR proposes amendments to Inland Revenue Reward Rules 2021
Draft changes propose reducing reward percentages and invite public feedback within seven days.
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FBR proposes further amendments to Independent Scrutiny Committees Rules
Draft changes seek to revise the jurisdiction of Independent Scrutiny Committees under the Income Tax Rules, 2002.
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FBR extends iron and steel corporatization deadline to August 10
Tax authority gives additional time for businesses to convert into companies under documentation and digitalization drive.
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FBR announces new customs values for imported sanitary ware
New valuation ruling revises duty assessment benchmarks for imported ceramic and porcelain sanitary ware
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Advance income tax rates on mobile phone imports notified for Tax Year 2027
Revised advance tax rates on imported mobile phones take effect from July 1, 2026, with concessional treatment retained for CKD and SKD imports.
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Advance income tax rates on imports into Pakistan for Tax Year 2027
Revised advance income tax rates on imported goods take effect from July 1, 2026, with concessional rates for EV CKD kits and selected pharmaceutical imports.
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Pakistan minimum tax rates for Tax Year 2027
Revised turnover-based minimum tax rates take effect from July 1, 2026, with concessional rates retained for selected industries and businesses.
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Capital gains tax rates on property sales for tax year 2027
New Capital Gains Tax rates apply from July 1, 2026, with tax varying by acquisition date, holding period, property type and Active Taxpayers’ List status.
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FBR releases capital gains tax rates on securities for tax year 2027
Updated CGT regime sets tax rates based on acquisition date, holding period and Active Taxpayers’ List status under the Finance Act, 2026
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