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.
Service providers in ICT directed to adopt electronic invoicing system under new order The Federal Board of Revenue (FBR) has made Point of Sale (POS) integration with its computerized system mandatory for service providers operating in the Islamabad Capital Territory (ICT), according to a new general order issued on Monday.
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Pakistan commits to stricter enforcement of digital invoicing under IMF-backed reforms The Federal Board of Revenue (FBR) is set to propose stricter penalties for taxpayers failing to comply with digital sales tax invoicing requirements in the upcoming Finance Bill 2026, as part of Pakistan’s commitments under reforms linked to the International Monetary Fund.
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Tax authority plans broader reforms to strengthen compliance and expand tax base The Federal Board of Revenue (FBR) will develop new audit selection parameters aimed at improving revenue collection and broadening Pakistan’s tax base as the country faces persistent tax shortfalls, officials said.
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Move aims to enhance tax compliance and curb revenue leakages in bottled water and juice industries The Federal Board of Revenue has taken another step toward strengthening tax compliance and industrial transparency by finalizing the authorization of vendors for production monitoring systems in the beverages sector, including bottled water and packaged juices.
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Government says no violations detected in key import sectors over past five years Minister of State for Finance Bilal Azhar Kayani on Friday informed the National Assembly that no cases of under-invoicing had been detected in the import of used vehicles or solar panels during the past five years, according to data provided by the […]
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Electronic production tracking system introduced to curb sales tax evasion The Federal Board of Revenue has launched an electronic monitoring system for bottled water production aimed at preventing sales tax evasion and improving tax compliance in the sector.
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Sarafa association seeks simplified turnover-based tax system for jewelry sector The All Pakistan Sarafa Gems and Jewelers Association has proposed a special tax regime for jewelers aimed at simplifying income tax payments and record-keeping procedures for the sector.
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EY Ford Rhodes partner calls for corporate tax reforms to improve investment climate Haider Ali Patel on Thursday urged the government to introduce a sunset clause in Section 4C of the Income Tax Ordinance, 2001, to define a clear end date for the levy of super tax in Pakistan.
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Committee stresses balanced fiscal policies to broaden tax base and support investment growth A committee constituted by Shehbaz Sharif has recommended growth-oriented tax measures for the upcoming federal budget 2026-27, as the government seeks to strengthen revenue collection while supporting economic expansion.
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Government plans technology-driven tax reforms to curb evasion and improve transparency Islamabad: The Federal Board of Revenue (FBR) is planning to introduce an AI-based tax system through the upcoming Finance Bill 2026 to identify false information in tax returns and strengthen enforcement against tax evasion.
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