Pakistan Proposes Major Reduction in FED on International Air Tickets for FY 2026-27
The budget 2026-27 aims to lower federal excise duty on premium-class international travel from July 2026.
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Tag: federal excise duty
Government proposes Rs80 per litre FED on petroleum products
Finance Bill 2026 proposes new excise duty on petroleum products including naphtha, white spirit and solvent oil.
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Finance Bill 2025: Salient Features of Federal Excise Duty
Islamabad, June 10, 2025 – The Federal Board of Revenue (FBR) has released a summary of significant changes to the Federal Excise Act, 2005, introduced through the Finance Bill 2025. These amendments are part of broader fiscal reforms aimed at improving tax compliance, curbing tax evasion, and streamlining enforcement mechanisms.
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FBR explains increase in FED rates through Finance Supplementary Act 2023
ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday explained the increased rate of Federal Excise Duty (FED) applied through Finance Supplementary Act, 2023.
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Pakistan announces massive increase in excise duty on cigarettes
ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday announced massive increase in federal excise duty on sales of cigarettes.
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Pakistan may increase normal sales tax rate to 18%
Pakistan is likely to increase sales tax rate to 18 per cent in the federal budget 2022-2023, which is scheduled on June 10, 2022. The existing normal sales tax rate is 17 per cent. According to Budget Preview 2022/2023 issued on Thursday, analysts at Arif Habib Limited said the government is considering to raise an […]
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FBR issues new FED rates on motor vehicles
ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday issued new rates of Federal Excise Duty (FED) on imported and locally assembled motor vehicles. The FBR revised upward the FED rates after the implementation of Finance (Supplementary) Act, 2022. In this regard the FBR issued Circular No. 06 of 2022. Through S. No. 55, 55B, […]
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Restrictions to up motor vehicle cost, reduce demand
KARACHI: The planned restrictions on automotive industry likely to increase the cost of motor vehicles and simultaneously to reduce the demand.
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FBR collects Rs107.38 billion as FED from cigarettes
The Federal Board of Revenue (FBR) has reported a substantial increase in the collection of Federal Excise Duty (FED) during the fiscal year 2020/2021, with the duty on cigarette sales leading the way.
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Budget 2021/2022: Duty, taxes abolished on cars up to 850cc
ISLAMABAD: The government has announced abolishing duty and taxes on locally manufactured and imported cars with engine capacity up to 850cc to enable low earning families to afford motor vehicles. Finance Minister Shaukat Tarin while presenting federal #budget 2021/2022 on Friday announced duty and tax incentives for sale and import of motor cars with engine […]
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