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.
Government signals possible relief for traders as consultations continue ahead of FY27 budget Minister of State for Finance and Revenue Bilal Azhar Kayani on Saturday said the government would consider introducing a simplified tax scheme for traders in the upcoming federal budget, as authorities seek to balance revenue collection with business-friendly reforms.
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IMF increases oversight of retailer tax reforms as Pakistan struggles to expand documentation and boost revenue collection The International Monetary Fund is set to closely monitor Pakistan’s efforts to expand taxation in the retail sector, increasing pressure on the Federal Board of Revenue (FBR) to deliver stronger documentation and revenue collection reforms.
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State ministry signals targeted relief for salaried class in FY27 budget amid IMF-linked fiscal constraints The government is expected to reduce the tax burden on salaried individuals in the upcoming FY27 federal budget, Minister of State for Finance and Revenue Bilal Azhar Kayani said.
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Customs authority revises valuation ruling to align import duties with updated global market trends and trade data The Federal Board of Revenue (FBR) has revised customs values for imported artificial imitation jewelry to determine applicable duties and taxes under a new valuation ruling issued by customs authorities.
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SBP asks commercial banks to remain open over weekend to facilitate taxpayers in payment of government duties and taxes The State Bank of Pakistan (SBP) on Friday directed commercial banks to keep designated branches open on May 23 and 24 to facilitate taxpayers in the payment of government duties and taxes.
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FBR orders packaged milk manufacturers to install real-time electronic production monitoring systems by June 30, 2026 The Federal Board of Revenue (FBR) has moved to implement electronic monitoring of packaged milk production in an effort to curb sales tax leakages and strengthen tax compliance in the dairy sector.
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Shift toward solar energy cited among major reasons behind lower tax collection The Federal Board of Revenue (FBR) recorded a nearly 30% decline in withholding income tax collection through electricity bills from Karachi during the first 10 months of fiscal year 2025–26, according to official sources.
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New SRO introduces stricter disclosure requirements and mandatory registration framework for INGOs The Federal Board of Revenue (FBR) has amended income tax rules to make registration compulsory for International Non-Governmental Organizations (INGOs), tightening compliance requirements under the country’s tax framework.
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Provincial sales tax on services collection rises 28.5% during July-March FY2025-26 Punjab recorded the highest growth in sales tax collection on services among Pakistan’s provinces during the first nine months of fiscal year 2025–26, posting an increase of more than 38%, according to official data released by the finance ministry.
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Digital surveillance system to monitor production lines of milk, steel, oil and ghee manufacturers in real time The Federal Board of Revenue (FBR) has expanded its digital tax monitoring system to production lines of packaged milk, iron and steel, edible oil and ghee manufacturers with immediate effect.
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