FBR moves against billions lost through misuse of life insurance policies
Finance Bill 2026 introduces new taxes on early life insurance payouts to curb misuse of policies for tax arbitrage.
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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.
Finance Bill, 2026: New Token Tax on Motor Vehicles Introduced in Islamabad
Finance Bill, 2026 proposes revised token tax rates for private vehicles, commercial transport, motor cabs, and public service vehicles in the Islamabad Capital Territory.
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Pakistan abolishes 18% sales tax on shipping industry
Maritime minister says tax relief will cut logistics costs, attract investment and strengthen Pakistan’s blue economy
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Finance Bill, 2026: Sales tax exemption granted on import or lease of PIACL aircrafts
Government waives sales tax on PIA aircraft, parts, and ground equipment to lift national carrier
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Finance Bill, 2026: Algorithmic settlement mechanism
FBR introduces AI-driven automated tax settlement system to resolve disputes instantly
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Finance Bill, 2026: Up to Rs5 million penalty for sales tax integration failure
Failure to integrate with the FBR computerized system could now cost your business millions.
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FBR gets additional powers for sales tax scrutiny under Finance Bill 2026
Proposed amendments empower tax authorities to order re-audits and inventory revaluations in complex sales tax cases.
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Finance Bill 2026 introduces faceless audit and assessment regime to transform tax administration
Finance Bill 2026 proposes major digital overhaul of Pakistan’s tax administration through a faceless audit and assessment framework
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Finance Bill, 2026: Freezing of assets under Customs Act, 1969
Pakistan empowers custom courts to freeze assets in illegal fund transfer trials
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FBR establishes technical and business committees to rectify Finance Bill 2026 anomalies
FBR notifies committees to remove anomalies in Finance Bill, 2026 ISLAMABAD – Pakistan’s Federal Board of Revenue (FBR) has officially constituted two high-level anomaly committees to identify and eliminate technical and business-related discrepancies found within the Finance Bill, 2026.
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