September 13, 2026
Rs130
Two days ago this column complained that Pakistan argues about the fuel price and never about the tax inside it. A party is now marching on that tax. A column on why a constant becomes visible only when something else moves.
Articles for tag: Aflatoon, column, Fuel prices, Hormuz, Jamaat-i-Islami, petroleum levy, Protest, Tax
September 10, 2026
SBP to Get Access to Bank Data on Rs100m Transactions
A new section 165AB of the Income Tax Ordinance lets the State Bank build a central repository of banking data on accounts moving more than Rs100 million, overriding banking confidentiality laws.
September 9, 2026
FBR Offers Shopkeepers 1pc Turnover Tax and No Audit
Under SRO 1166(I)/2026 small retailers can pay 1 percent of turnover with a minimum of Rs25,000, file a one-page return, and be exempted from routine audit, POS integration and digital invoicing.
July 16, 2026
Pakistan Auto Policy 2026–31 Delayed as IMF Rejects 1% Sales Tax on Electric Vehicles; Old Policy Extended
Pakistan's new Auto Industry Development and Export Policy 2026–31 has been delayed after the IMF rejected the government's proposed 1% sales tax on new energy vehicles, insisting on the standard 18% GST across the board. The existing AIDEP 2021–26, which expired in June, will be extended for another year while negotiations continue. The disagreement centres on whether electric and hybrid vehicles should receive preferential tax treatment, which the IMF views as inconsistent with its fiscal reform agenda.
July 11, 2026
FBR Collects Over Rs13 Trillion in FY26 — First Time Ever — as IMF Now Pushes Rs15.6 Trillion Target for FY27
Pakistan's Federal Board of Revenue collected over Rs13 trillion in fiscal year 2025-26, exceeding its revised target of Rs12.983 trillion by more than Rs21 billion in what officials described as a historic first. Stronger-than-expected income tax receipts drove the outperformance. The IMF is now pushing an Rs15.6 trillion target for FY2026-27 — approximately 20% above FY26 collections — while the FBR has indicated it cannot realistically collect more than Rs15 trillion.
July 11, 2026
FBR Collects Over Rs13 Trillion in FY26 — First Time Ever — as IMF Now Pushes Rs15.6 Trillion Target for FY27
Pakistan's Federal Board of Revenue collected over Rs13 trillion in fiscal year 2025-26, exceeding its revised target of Rs12.983 trillion by more than Rs21 billion in what officials described as a historic first. Stronger-than-expected income tax receipts drove the outperformance. The IMF is now pushing an Rs15.6 trillion target for FY2026-27 — approximately 20% above FY26 collections — while the FBR has indicated it cannot realistically collect more than Rs15 trillion.
July 4, 2026
FBR Collects Rs13 Trillion in FY26, Beating Revised Target by Rs21 Billion on Strong Income Tax June Surge
Pakistan's Federal Board of Revenue collected Rs13.004 trillion in the fiscal year ending June 2026, exceeding the downwardly revised target of Rs12.983 trillion by Rs21 billion. The result was driven by a surge in income tax collection in June; sales tax, customs duty, and federal excise duty all fell short of their respective targets.
The minister supports export tax relief, cheaper energy
FPCCI consultative session in Karachi attracts textile, agro-industry, tourism and logistics players KARACHI: Federal Commerce Secretary Jawad Paul agreed on Saturday that exporters need regionally competitive energy costs and more tax relief as government officials and trade bodies reviewed export performance in Karachi. The statement said the meeting aimed to formulate strategies to boost Pakistan’s exports and strengthen the national economy, with participants sharing sectoral views on constraints and potential areas for export diversification at the session. According to a statement, the consultative meeting was hosted by the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) at Federation House
FBR moves against private practice doctors over tax non-filing, discrepancies
According to figures, 31,524 doctors declared zero income but filed collective tax refund claims of 1.3 billion. A policeman walks past the Federal Board of Revenue (FBR) office building in Islamabad August 29, 2018. Photo: REUTERS The Federal Board of Revenue has decided to tighten the noose around private doctors, clinics and private hospitals allegedly involved in tax evasion worth billions of rupees. The decision was taken in the light of the latest statistics obtained during the analysis of FBR data, which revealed large-scale alleged tax evasion by doctors across the country. Despite having taxable income, more than 73,000 registered
Pakistan assures IMF of farm input tax hikes, cuts in growth programs
The seal of the International Monetary Fund is seen on the headquarters building in Washington, DC, USA. — AFP/File Selected items for shifting to 18% GST slab. Measures related to the completion of the 2nd review of the IMF program. Islamabad targets $1.2 billion from EFF and RSF. ISLAMABAD: Pakistan has pledged to the International Monetary Fund (IMF) to increase tax rates on fertilizers, pesticides and sugar products and move select items to the standard 18% GST slab. The News reported on Friday. These steps are part of Islamabad’s effort to successfully complete the second review and unlock the third
