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Tag: Finance Bill 2026

Discover key highlights of Finance Bill 2026, including tax reforms, income tax changes, customs duties, and fiscal policy measures for growth in Pakistan.

pakistan customs

FBR extends customs duty exemption on aircraft and aviation parts for FY2026-27

June 23, 2026June 23, 2026Hamza Shahnawaz

Airlines, MROs and aircraft maintenance organisations to benefit from zero customs duty on aircraft and aviation-related imports.

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FBR Building

FBR Chairman Praises Budget Team for Smooth Delivery of Federal Budget 2026-27

June 23, 2026June 23, 2026Faisal Shahnawaz

Rashid Langrial commends officials for crafting a growth-oriented budget through extensive coordination and stakeholder engagement

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Tax Budget

Government faces backlash over Rs50 billion tax relief for high-paid executives

June 22, 2026June 22, 2026Faisal Shahnawaz

Finance Bill 2026 accused of favouring top earners while lower-income salaried workers receive no meaningful relief

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electric mini van

FBR notifies customs duty rates on electric vehicles from July 1, 2026

June 20, 2026June 20, 2026Faisal Shahnawaz

Reduced customs duty regime for electric vehicle imports extended for another year under Finance Bill 2026

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national assembly

Government targets 3.5 million shopkeepers for tax registration in 2026-27

June 19, 2026June 19, 2026Hamza Shahnawaz

Simplified tax scheme aims to expand tax base, formalise retail sector and increase revenue collection

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Tax Budget

Sindh Finance Bill 2026 Introduces Tax Information Disclosure Law

June 19, 2026June 19, 2026Hamza Shahnawaz

New Section 73A seeks to protect taxpayer confidentiality while allowing information sharing with authorised government agencies

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Sindh Revenue Board

Sindh withdraws 5% sales tax incentive for beauty parlours

June 19, 2026June 19, 2026Hamza Shahnawaz

Beauty parlours and salons to continue paying reduced 8% sales tax as POS integration becomes mandatory

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Pakistan Finance Bill 2026

Sindh Finance Bill 2026 Brings Tax Consultants into Sales Tax Net

June 19, 2026June 19, 2026Hamza Shahnawaz

Proposed amendment expands scope of taxable professional services, imposing 8% sales tax on tax consultancy and preparation services

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Sindh government

Sindh reduces tax rates for property developers to boost construction sector

June 19, 2026June 19, 2026Hamza Shahnawaz

New fixed sales tax regime aims to encourage investment and accelerate real estate development across the province

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PBC Proposals

FBR abolishes advance tax on Foreign TV Plays and Advertisements

June 19, 2026June 19, 2026Faisal Shahnawaz

Removal of Section 236CA signals a major policy shift, raising concerns over the future competitiveness of Pakistan’s domestic media and entertainment industry

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  • Apple Reportedly Orders 10 Million Foldable iPhone Ultra Units
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