Charitable Donation Tax Credit for Tax Year 2027
Taxpayers in Pakistan may claim a tax credit on qualifying charitable donations under Section 61 of the Income Tax Ordinance,…
Education Expenses Tax Deduction for Tax Year 2027
Pakistan’s tax law provides a deductible allowance for certain education expenses under Section 60D of the Income Tax Ordinance, 2001.…
FBR Retains Housing Loan Tax Credit for Tax Year 2027
The Federal Board of Revenue (FBR) has retained the tax credit on qualifying low-cost housing loans for Tax Year 2027…
Pakistan Grants Customs Duty Exemption on Certain Bulletproof Vehicles
Pakistan has introduced a customs duty exemption for specified bulletproof vehicles under the Finance Act, 2026. The measure applies to…
FBR Allows Mobile Phone Sales Tax Payments in Instalments
The Federal Board of Revenue (FBR) has introduced an instalment facility for individuals paying sales tax on imported mobile phones…
FBR Revises Tier-1 Retailer Criteria for Tax Year 2027
The Federal Board of Revenue (FBR) has revised the criteria for Tier-1 retailers in Pakistan for Tax Year 2027. The…
FBR Revises Tax Year 2027 Exemption Certificate Rules
The Federal Board of Revenue (FBR) has revised the income tax exemption certificate rules for Tax Year 2027, introducing new…
FBR Introduces New Taxpayer Re-Audit Rules for Tax Year 2027
The Federal Board of Revenue (FBR) has introduced new rules allowing tax authorities to order the re-audit of taxpayers’ accounts…
Pakistan Reduces Smartphone Import Duties for FY 2026-27
Pakistan has reduced import duties on smartphones and cellular phones for the fiscal year 2026-27. The revised tariff structure includes…
FBR Withdraws 9% Surcharge on Salaried Persons
The Federal Board of Revenue (FBR) has withdrawn the 9% surcharge on salaried individuals with taxable income exceeding Rs. 10…