News
Punjab Announces 10-Year Tax Break for Investors
20+ hour, 53+ min ago (415+ words) Punjab Industries Minister Shafay Hussain has announced a new industrial policy aimed at boosting investment and expanding manufacturing activity in the province. The policy offers zero customs duty on imported machinery and a 10-year income tax exemption for industries set…...
FBR Collects Mobile Phone Taxes, PTA Gets the Blame, Says PTA Chairman
5+ day, 20+ hour ago (173+ words) The Senate Standing Committee on Information Technology discussed taxes on imported mobile phones, with lawmakers questioning the high duties imposed on devices, particularly iPhones. During the meeting, Pakistan Telecommunication Authority (PTA) Chairman Major General (Retd.) Hafeez Ur Rehman said the…...
FBR Releases Draft Fixed Tax Scheme for Small Traders With Rs. 200 Million Turnover Cap
5+ day, 17+ hour ago (254+ words) The Federal Board of Revenue (FBR) has released the draft framework for its new Fixed Tax Scheme aimed at bringing millions of small traders into Pakistan’s tax net while simplifying tax compliance. According to the draft proposal, traders and the…...
How to Claim 10% Discount on Islamabad Vehicle Token Tax, All Details Here
1+ week, 3+ day ago (173+ words) Vehicle owners in Islamabad can now pay their vehicle token tax online through the PAK APP and receive a 10% discount by completing the payment before July 31. The National Information Technology Board (NITB) introduced this facility to make tax payments easier…...
FBR Blocks Over Rs. 6 Billion in Tax Refunds of Businesses Opposing Digital Monitoring
1+ week, 3+ day ago (271+ words) The Federal Board of Revenue (FBR) has blocked refunds worth more than Rs. 6 billion claimed by taxpayers who failed to meet digital monitoring requirements. According to industry sources, the move marks the first major action against businesses resisting the installation…...
FBR Makes Retail Price and Sales Tax Display Mandatory on 56 Products
1+ week, 6+ day ago (241+ words) The Federal Board of Revenue (FBR) has ordered manufacturers and importers of 56 categories of goods to print retail prices and sales tax amounts clearly on product packaging. The FBR issued the directive through Sales Tax General Order (STGO) 8 of 2026 on…...
Pakistan’s Salaried Class Paid Rs. 633 Billion in Tax—More Than Three Major Sectors Combined
2+ week, 2+ day ago (421+ words) Pakistan’s salaried class emerged as one of the country’s largest taxpayers during the fiscal year 2025-26, contributing a record Rs. 633 billion in income tax, more than the combined tax collected from exporters, property sellers and the retail sector. According to provisional…...
Senate Slams FBR, Orders FIA to Act in Rs. 250 Million Cigarette Theft Case
3+ week, 10+ hour ago (303+ words) A heated meeting of the Senate Standing Committee on Interior saw lawmakers launch a blistering attack on the Federal Board of Revenue (FBR), accusing senior officials of concealing information to hide the tax authority’s failure to meet revenue targets, while…...
FBR Introduces New System for Valuing Imported Auto Parts in Pakistan
3+ week, 2+ day ago (263+ words) The Federal Board of Revenue (FBR) has overhauled the customs valuation system for imported auto parts, announcing that duties will now be assessed based on a vehicle’s engine capacity and model instead of the weight of individual components. Under Customs…...
Pakistan to Slash Import Duties Under Ambitious New 5-Year Economic Plan
3+ week, 4+ day ago (354+ words) The federal government has decided to significantly reduce import duties as part of a new five-year tariff reform plan aimed at boosting economic activity, enhancing competitiveness, and lowering the cost of doing business in Pakistan. According to official sources, the…...