The Customs Act, 1969, as updated for tax year 2026, provides clear guidance on what constitutes “documents” for importers, exporters, and customs authorities in Pakistan.
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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.
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Withholding tax on cash withdrawals soars 54% in December 2025
Islamabad, January 21, 2026 – The Federal Board of Revenue (FBR) has recorded a significant increase in withholding tax collected on cash withdrawals from banking companies, reporting a 54% rise in December 2025 compared to the same month last year.
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Withholding tax on new cars jumps 51% in 1HFY26: FBR
Islamabad, January 21, 2026 – The Federal Board of Revenue (FBR) has reported a remarkable 51% increase in withholding tax collected from the sale of new cars during the first half of fiscal year 2025-26 (July–December), compared to the same period last year.
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FBR notifies new customs valuation for USB flash drives, memory cards
Islamabad, January 21, 2026 – The Federal Board of Revenue (FBR) has officially notified revised customs values for USB data travelers, USB flash drives, and memory cards, applicable at the import stage for assessment of customs duty and taxes.
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FBR reports 65% surge in tax collection from property sales in 1HFY26
Islamabad, January 21, 2026 – The Federal Board of Revenue (FBR) has recorded a significant 65% increase in tax collection from property sales during the first half (July–December) of fiscal year 2025-26 compared to the same period last year.
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Which Goods Are Dutiable Under Pakistan’s Customs Laws? Guide 2026
Under Section 18 of the Customs Act, 1969, as updated for tax year 2026, the Federal Board of Revenue (FBR) has the legal authority to levy customs duties on specified goods entering Pakistan. The law also outlines when regulatory and additional customs duties may be imposed and clarifies which goods are exempt from export duty.
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Customs Act 1969: Prohibited Goods Under Section 15 Explained for Tax Year 2026
The Customs Act, 1969, as updated for tax year 2026, clearly outlines prohibitions on certain goods that cannot be imported into or exported from Pakistan. These restrictions are provided under Section 15, which plays a critical role in protecting Pakistan’s economy, intellectual property rights, public morality, and financial system.
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Explained: How FBR Can Declare Any Location in Pakistan as a Customs Station in 2026
The Federal Board of Revenue (FBR) has been legally empowered to declare any place in Pakistan as a customs station under the updated Customs Act, 1969, applicable for tax year 2026. This enhanced authority aims to improve trade facilitation, strengthen enforcement, and modernize customs operations across the country.
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Salaried individuals contribute Rs267 billion in income tax during 1HFY26: FBR
Islamabad, January 21, 2026 — Salaried persons in Pakistan paid Rs267 billion as income tax during the first half of the current fiscal year 2025-26 (1HFY26), according to provisional figures released by the Federal Board of Revenue (FBR).
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FBR reshuffles 23 Inland Revenue officers to strengthen tax collection drive
Islamabad, January 20, 2026 – The Federal Board of Revenue (FBR) has carried out a major administrative reshuffle involving 23 officers of the Inland Revenue Service (IRS) as part of its ongoing efforts to enhance revenue collection and improve operational efficiency.
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