The Competition Commission of Pakistan has recommended 10-year tax exemptions and other incentives to encourage domestic solar panel manufacturing and reduce reliance on imports.
Pakistan’s salaried class contributed more than Rs420 billion in income tax during the first nine months of FY2025-26, reflecting a continued rise in tax burden on formal sector employees, according to FBR sources.
ICMAP has recommended introducing an annual vacant urban land tax in Budget 2026-27 to bring idle urban plots into the tax net, improve land use, and discourage speculative real estate practices in Pakistan.
Pakistan Customs Valuation has revised the customs value of imported empty tin cans through a fresh ruling after a review appeal, impacting duty and tax assessment for importers.
The Federal Board of Revenue (FBR) has introduced a video analytics-based monitoring system for tile manufacturers across Pakistan to ensure accurate production reporting, improve tax compliance, and reduce revenue leakage in the manufacturing sector.
Karachi: The Institute of Cost and Management Accountants of Pakistan (ICMAP) has proposed the imposition of a Carbon and Pollution Levy on large industrial units as part of its tax […]
The FBR has filed petitions before the Federal Constitutional Court challenging the Peshawar High Court’s decision that declared the sealing of cigarette manufacturing units illegal. The case centers on enforcement powers under the Federal Excise Act, 2005, and raises key constitutional questions on jurisdiction, tax enforcement, and the principle of exhaustion of remedies.
FBR to launch digital e-Bilty system under Cargo Tracking System (CTS) to replace paper documents, curb smuggling, improve transparency, and enhance tax compliance in Pakistan.
The Corporate Tax Office (CTO) Islamabad has reportedly ignored an unchallenged order of the Federal Tax Ombudsman by adjusting taxpayers’ income tax refunds against a disputed sales tax demand pending before the ADRC, triggering concerns over Pakistan’s tax dispute resolution mechanism and investor confidence.
Sindh Revenue Board records 24% revenue growth during Jul–Feb FY26, while February collection jumps 41% to Rs34.86 billion amid digital reforms and anti-evasion measures.