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Category: Taxation

Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.

Beverage

Pakistan Proposes FED Exemption for Hydration and Electrolyte Drinks

June 17, 2026June 17, 2026Faisal Shahnawaz

Budget 2026-27 aims to exclude low-sugar hydration beverages from the 20% Federal Excise Duty.

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Income Tax Return FBR

Finance Bill 2026-27 Proposes Abolishment of Term ‘Late Filer’ in Pakistan

June 17, 2026June 17, 2026Faisal Shahnawaz

Government plans to remove higher withholding tax rates for late filers, bringing them at par with active taxpayers.

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Pakistan Finance Bill 2026

Pakistan Budget 2026-27 Proposes LLP Inclusion in AOP Definition

June 17, 2026June 17, 2026Faisal Shahnawaz

Finance Bill 2026-27 seeks to bring limited liability partnerships under AOP framework and revise taxation of exempt income received by members.

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Tax Budget

Is Super Tax Abolished for Exporters for FY 2026-27?

June 17, 2026June 17, 2026Faisal Shahnawaz

Budget 2026-27 speech suggests relief for exporters, but the proposal is yet to be incorporated into the Finance Bill and awaits final approval through the Finance Act 2026.

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Pakistan Finance Bill 2026

Senate committee recommends final tax regime for exporters

June 17, 2026June 17, 2026Faisal Shahnawaz

Senate finance panel calls for export-focused tax reforms to strengthen competitiveness and boost foreign exchange inflows

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pakistan single window

NTC, PSW sign agreement for automation and digitisation of tariff processes

June 16, 2026June 16, 2026Hamza Shahnawaz

New partnership aims to modernise tariff operations, reduce case processing times and strengthen Pakistan’s trade defence mechanisms.

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pakistan customs

FBR notifies fresh customs values of steel pipes under VR68/2026

June 16, 2026June 16, 2026Faisal Shahnawaz

New valuation ruling introduces updated customs assessment formula for carbon steel seamless pipes after industry consultations.

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Emirates plane

Pakistan Proposes Major Reduction in FED on International Air Tickets for FY 2026-27

June 16, 2026June 16, 2026Faisal Shahnawaz

The budget 2026-27 aims to lower federal excise duty on premium-class international travel from July 2026.

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national assembly

NA committee seeks explanation on new salary tax slabs

June 16, 2026June 16, 2026Mrs. Anjum Shahnawaz

Lawmakers question effectiveness of proposed tax relief for salaried individuals and seek fiscal impact assessments

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Senate of Pakistan

Senate body approves withholding tax on social media income

June 16, 2026June 16, 2026Hamza Shahnawaz

Income up to Rs600,000 to remain exempt as Senate finance committee backs taxation framework for digital creators

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