Reduced tax rate takes effect from January 1, 2026, while tax rates for small companies and other corporate entities remain unchanged.
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Get the latest FBR news, tax updates, income tax, sales tax, customs, notifications, and policies from the Federal Board of Revenue.
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FBR abolishes ‘late filer’ category under Finance Act 2026
Higher withholding tax rates on property transactions for late filers have been withdrawn, aligning them with active taxpayers to encourage return filing.
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FBR removes FED on mineral water and specific hydration drinks for FY2026-27
Revised Federal Excise Act excludes mineral water and low-sugar hydration beverages from the 20% federal excise duty.
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FBR notifies FED rates for imported electric cars and SUVs in FY2026-27
New federal excise duty structure introduces higher rates for premium imported electric vehicles while maintaining zero duty on lower-priced EVs.
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FBR clarifies sales tax rules for footwear sold through POS retailers
Sales Tax General Order No. 11 of 2026 provides implementation guidelines for footwear supplied through FBR digitally integrated and POS-compliant retail outlets.
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FBR slaps up to 92% FED on imported vehicles in Pakistan for FY2026-27
New federal excise duty rates target imported cars, SUVs, and luxury vehicles with engine capacities above 2,000cc under the updated tax framework.
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FBR announces major transfers, postings of IRS officers in BS-19 to BS-22
Senior Inland Revenue Service officers reassigned across FBR headquarters, tax offices, and directorates nationwide with immediate effect.
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FBR empowered to seize unpaid duty cigarettes and beverages
Updated law allows confiscation of counterfeit products, untaxed goods and vehicles used for transportation
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FBR mandates tax stamps on excisable goods under updated Federal Excise Act
Updated Federal Excise Act requires manufacturers to use tax stamps and digital tracking before goods enter the market
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FBR waives surcharge, penalties on PIA sales tax and FED liabilities
Relief covers penalties on sales tax and federal excise duty dues while principal liabilities remain payable
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