The federal government has begun preparations for the FY 2026-27 budget, assigning the Ministry of Finance to lead tax policy formulation. Stakeholders are invited to submit detailed, data-backed proposals to reduce industrial tax burdens, boost exports, and support growth in IT, manufacturing, and renewable energy sectors.
The KP government has introduced an online system for Police Clearance Certificates (PCC), allowing citizens to apply, submit documents, pay fees, and track status digitally. The Police Sahulat Markaz app ensures faster, paperless, and transparent processing across the province.
The All Pakistan Textile Mills Association (APTMA) has requested the FBR to shift video analytics from spinning mills to the ginning stage, citing that undocumented cotton issues originate at the ginning stage. APTMA emphasized that traceability and monitoring at the ginning level are essential to curb ‘golmaal’ and ensure sector transparency.
The Federal Board of Revenue (FBR) can transfer a registered person’s sales tax registration between offices if a business changes location or for valid reasons. Records, obligations, and pending matters move seamlessly to the new office, and applications are submitted via Form STR-I.
The Federal Board of Revenue has shortened the maximum period for granting condonation of delay in sales tax matters for registered taxpayers, limiting the Commissioner Inland Revenue’s authority to two years instead of three.
KP traders, led by Shahzad Siddiqui and All Pakistan Traders Association President Ajmal Baloch, threatened nationwide protests over FBR policies, citing undue pressure on businesses, fines in ex-FATA/PATA, and trade disruptions with Afghanistan.
The Federal Board of Revenue is preparing a comprehensive proposal to rationalise duties and taxes on imported mobile phones, following criticism over high levies that have pushed smartphones beyond the reach of many consumers.
The Federal Constitutional Court was told that Section 4C of the Income Tax Ordinance is unconstitutional and unlawful, as it fails to meet federal legislative standards. The court heard FBR appeals against high court rulings on the super tax, with taxpayer counsel arguing the provision imposes discriminatory and excessive burdens on businesses.
The Pakistan Telecommunication Authority has generated more than Rs83 billion in taxes through mobile device registration since 2019, while blocking 100 million illegal, cloned, and stolen phones, strengthening regulation and promoting local manufacturing.
The Federal Board of Revenue has brought 63 large companies under its direct control to curb tax evasion, streamline management, and boost transparency, covering multiple tax laws including income tax, sales tax, and federal excise.