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
Continue ReadingPakistan Revenue
Maritime minister says tax relief will cut logistics costs, attract investment and strengthen Pakistan’s blue economy
Continue ReadingFBR introduces AI-driven automated tax settlement system to resolve disputes instantly
Continue ReadingFailure to integrate with the FBR computerized system could now cost your business millions.
Continue ReadingProposed amendments empower tax authorities to order re-audits and inventory revaluations in complex sales tax cases.
Continue ReadingThe Federal Board of Revenue (FBR) has issued salient features explaining major changes in sales tax laws through the Finance Bill, 2026.
Continue ReadingConstitutional court overturns LHC ruling, says exempt poultry farmers cannot be compelled to register for sales tax The Federal Constitutional Court (FCC) has ruled that poultry farmers are not legally required to obtain sales tax registration, holding that their activities are already exempt from sales tax under the Sales Tax Act, 1990.
Continue ReadingGovernment resists IMF proposal for GST increase as officials weigh revenue measures ahead of federal budget Pakistan is unlikely to raise the General Sales Tax (GST) rate in the federal budget for 2026-27 despite a proposal from the International Monetary Fund (IMF), as authorities remain concerned about the inflationary impact of higher indirect taxes amid […]
Continue ReadingProvincial sales tax on services collection rises 28.5% during July-March FY2025-26 Punjab recorded the highest growth in sales tax collection on services among Pakistan’s provinces during the first nine months of fiscal year 2025–26, posting an increase of more than 38%, according to official data released by the finance ministry.
Continue ReadingLahore: The Chairman of Sindh Revenue Board (SRB), Dr. Wasif Memon, visited the Punjab Revenue Authority (PRA) headquarters for high-level talks on enhancing tax administration and implementing sales tax on services across provinces.
Continue ReadingKarachi, June 29, 2025 – In a move to tighten compliance and close legal loopholes, the government has significantly expanded the definition of fraud under Sales Tax Act, 1990 through the newly enacted Finance Act, 2025.
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