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Tag: sales tax

Port Qasim Activity

Pakistan abolishes 18% sales tax on shipping industry

June 13, 2026June 13, 2026Hamza Shahnawaz

Maritime minister says tax relief will cut logistics costs, attract investment and strengthen Pakistan’s blue economy

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Pakistan Finance Bill 2026

Finance Bill, 2026: Algorithmic settlement mechanism

June 13, 2026June 13, 2026Faisal Shahnawaz

FBR introduces AI-driven automated tax settlement system to resolve disputes instantly

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Pakistan Finance Bill 2026

Finance Bill, 2026: Up to Rs5 million penalty for sales tax integration failure

June 13, 2026June 13, 2026Faisal Shahnawaz

Failure to integrate with the FBR computerized system could now cost your business millions.

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Pakistan Finance Bill 2026

FBR gets additional powers for sales tax scrutiny under Finance Bill 2026

June 13, 2026June 13, 2026Faisal Shahnawaz

Proposed amendments empower tax authorities to order re-audits and inventory revaluations in complex sales tax cases.

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Pakistan Finance Bill 2026

Finance Bill, 2026: Salient Features of Sales Tax Laws

June 13, 2026June 13, 2026Web Desk

The Federal Board of Revenue (FBR) has issued salient features explaining major changes in sales tax laws through the Finance Bill, 2026.

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Tax Budget

FCC grants major relief to poultry farmers on sales tax registration

June 2, 2026June 2, 2026Faisal Shahnawaz

Constitutional 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.

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PBC Proposals

Pakistan unlikely to hike GST rate in budget 2026-27 amid inflation fears

June 1, 2026June 1, 2026Faisal Shahnawaz

Government 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 […]

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PBC Proposals

Punjab leads sales tax collection with over 38% growth in 9MFY26

May 20, 2026May 20, 2026Shahnawaz Akhter

Provincial 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.

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PBC Proposals

Sindh and Punjab revenue authorities discuss sales tax on services implementation

January 18, 2026January 18, 2026Mrs. Anjum Shahnawaz

Lahore: 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.

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finance act 2025

Finance Act 2025 broadens definition of fraud under sales tax laws

June 29, 2025June 29, 2025Shahnawaz Akhter

Karachi, 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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