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Pakistan’s economy to grow this year, PM Shehbaz

PM Shehbaz Sharif predicts economic growth in Pakistan, assures business community of support, and highlights successful tax reforms.

Govt unveils tax plan for small shopkeepers

Govt releases draft to simplify tax for small shopkeepers, inviting feedback within seven days. Applies to those with turnover up to 200 mn rupees.

FBR reforms boost maritime trade efficiency

FBR's customs reforms boost maritime trade, cut import clearance time, and increase revenue. New digital stations to monitor smuggling along Indus River.

Salaried class tops taxpayers in fiscal 2025-26

Salaried class leads taxpayers with 633 bn USD in 2025-26, surpassing other sectors. FBR aims for 15,264 bn USD in 2026-27.

Salaried Pakistanis pay record Rs633bn in taxes

Salaried Pakistanis paid 633 bn rupees in tax, surpassing exporters and real estate sectors, contributing significantly to the economy.

National Assembly approves FBR Amendment Bill

National Assembly passes FBR Amendment Bill 2026, granting legal protection to past FBR orders and agreements.

Textile mills oppose FBR camera installation

Textile mills oppose FBR's camera installation plan, citing cost concerns. Owners threaten factory closures if forced to comply.

FBR to cut duty on imported mobile phones

FBR to cut duty on imported mobile phones, impacting revenue. Reduction could affect phones valued up to 200 U.S. dollars.

Lavish lifestyle prompts FBR audit warning

FBR warns audits for traders with lavish lifestyles. 7 million not paying correct taxes.

FBR intensifies crackdown on tax fraud

FBR intensifies crackdown on tax fraud, proposing heavy fines and penalties for non-integration with digital tax systems in Finance Bill 2026.

Hefty fines proposed for non-digital businesses

The 2026-27 budget proposes fines for businesses not integrating digitally with FBR, with penalties up to 5 million rupees for repeated violations.

FBR sets 15.264 trillion U.S. dollars tax target

FBR sets a new tax target of 15.264 trillion U.S. dollars for the next fiscal year, marking a 2.281 trillion U.S. dollars increase over the current year's revised target.

FBR imposes new taxes on household items

FBR announces new taxes on food and household items, setting a 15,264 bn U.S. dollars tax target for 2026-27, impacting various consumer goods and luxury vehicles.

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