Federal Budget 2026-27: Government Favors Strict Enforcement Over New Tax Imposition
The federal government plans a tax-neutral budget for FY27, focusing on FBR enforcement and IT upgrades to recover Rs 780 billion instead of introducing new taxes.
NCCPL Sets April 30 Deadline for Mandatory Collection of March Capital Gains Tax
The National Clearing Company of Pakistan notifies brokers and asset managers that Capital Gains Tax for March 2026 will be debited on April 30.
Punjab Revenue Authority Scales Service Tax Collection Through Digital Monitoring
Punjab Revenue Authority records a 33% year-on-year growth in sales tax collection for March 2026 driven by administrative reforms and the Large Taxpayer Unit.
FBR Mandates 72 Hour Deadline for Digital Invoice Edits to Curb Tax Evasion
The Federal Board of Revenue enforces a strict three day window for electronic invoice modifications while allowing businesses to use multiple licensed integrators.
FBR Simplifies Digital Invoicing and Limits Data Revisions Under STGO 01 of 2026
The Federal Board of Revenue introduces flexibility for electronic invoicing integrators while enforcing a strict 72-hour window for data modifications in its latest update.
FBR Chairman Rashid Mahmood Langrial Orders Karachi Tax Officials to Resolve Business Complaints
FBR Chairman Rashid Mahmood Langrial visited the Karachi Chamber of Commerce, directing customs and tax officials to fast track refunds and eliminate corruption.
FBR Digitizes Sales Tax Credit Claims with New IRIS Feature for FTN Holders
The Federal Board of Revenue introduces a new IRIS feature allowing taxpayers to claim credit against sales tax withheld by FTN holders under the Sales Tax Act 1990.
Punjab Revenue Authority Portal Update Resolves Input Tax Adjustment Limitation for Taxpayers
The Punjab Revenue Authority web portal now allows for a full 18 percent input tax adjustment on goods, aligning the digital system with the Punjab Finance Act 2025.
FBR Launches Real-Time Monitoring to Curb Tax Evasion in Steel Industry Pakistan
The Federal Board of Revenue (FBR) plans to implement real-time production monitoring in Pakistan’s iron and steel sector, deploying advanced video analytics, IoT sensors, and automated tracking to enhance tax compliance and reduce revenue leakage.
FBR Corporate Tax Office Lahore Recovers Rs2.646 Billion in Major Enforcement Drive
The Federal Board of Revenue announces recovery of Rs2.646 billion in outstanding income tax by Corporate Tax Office Lahore, highlighting strengthened enforcement measures and Pakistan’s broader push to improve tax compliance and revenue collection.