Govt Plans to Raise GST on Stationery Items to 18% in Budget
The federal government is expected to increase GST on stationery items from 10% to 18% under the Finance Bill 2026-27.
Latest Tax News
Federal Cabinet to Meet on June 10 for Approval of FY27 Federal Budget
Federal Cabinet to approve FY27 budget on June 10; salary hike decision likely.
Ministry of IT Proposes Mobile Tax Cuts in Budget 2026-27
The Ministry of IT has proposed reducing the 15% advance tax and 19.5% GST on mobile services in the FY2026-27 budget to improve digital inclusion and telecom sector growth.
FBR Launches Taxpayer Awareness Campaign at Islamabad
FBR’s TPS Wing has launched a Taxpayer Awareness Campaign at NIPA Islamabad to promote tax literacy, voluntary compliance, ATL benefits, and digital filing through IRIS.
FBR Plans Simplified Tax Scheme for Small Traders in Budget
FBR plans to introduce a simplified tax scheme for small traders and shopkeepers with annual turnover up to Rs. 20 million.
EVs, Solar Panels, Laptops, Cattle Feed to Get More Expensive Next Year
Pakistan may increase GST on EVs, solar panels, laptops, cattle feed, fertilizers, and other products in the FY2026-27 budget.
Telecom Sector Seeks Tax Relief Extension to Boost Investment and 5G Rollout
MoITT has proposed tax exemptions, lower import duties, and reduced handset component taxes to attract telecom investment, digital transformation.
EV Tax Incentives at Risk as Budget 2026-27 May Raise Sales Tax to 18%
Pakistan may increase sales tax on electric vehicles from 1% to 18% in Budget 2026-27, raising EV prices.
Budget 2026-27 Likely to Be Presented on June 10 or 12
Pakistan may present the Budget 2026-27 on June 10 or 12 as negotiations with the IMF continue over tax targets, spending plans, and fiscal reforms.
FTO Rules FBR Cannot Collect Tax Deposits Without Determining Tax Liability
FTO has ruled that FBR cannot recover tax deposits during inquiry proceedings without first determining liability through lawful assessment.