Islamabad: Pakistan’s salaried class emerged as one of the country’s largest taxpayers during the fiscal year 2025-26, contributing Rs. 633 billion in income tax—more than the combined tax collected from […]
Islamabad: The Federal Board of Revenue (FBR) has issued Sales Tax General Order (STGO) No. 8 of 2026 / IR Policy, directing all manufacturers and importers to ensure that the […]
ISLAMABAD: Prime Minister Shehbaz Sharif has set a revenue collection target of more than Rs15 trillion for the Federal Board of Revenue (FBR) for fiscal year 2026-27 after the tax […]
ISLAMABAD: Pakistan Customs achieved its highest-ever monthly revenue collection in June 2026, collecting Rs. 467 billion in import-related taxes, according to official statistics. The collection represents a 33 percent increase […]
ISLAMABAD: The federal government has doubled the Climate Support Levy on petrol and high-speed diesel from Rs. 2.50 per liter to Rs. 5 per liter, effective July 1, 2026, under […]
ISLAMABAD: The Federal Board of Revenue (FBR) has achieved its twice-revised downward tax collection target of Rs12.957 trillion for the fiscal year 2025-26, marking a major milestone despite challenging economic […]
ISLAMABAD: The Federal Board of Revenue (FBR) has updated its IRIS portal to enforce the newly introduced Rs. 25,000 Active Taxpayers List (ATL) surcharge for individuals, preventing late filers of […]
ISLAMABAD: A sub-committee of the Senate Standing Committee on Interior and Narcotics has directed the Federal Board of Revenue (FBR) to submit complete records of tobacco tax assessments, collections, outstanding […]
Download the official Finance Act 2026 PDF from TaxationPk after FBR releases the final law implementing Pakistan’s Budget 2026-27.
Senator Saifullah Abro orders an FBR official out of a Senate committee meeting over allegations of misleading Parliament on tax collection data.