Pakistan Tax & Business News

FBR announcements, Finance Act amendments, SROs, court rulings, and the Pakistani business and economic developments that affect your taxes — explained in plain language, as they happen.

FBR UpdatesFinance Act & PolicyCourt RulingsProvincial TaxBudget & EconomyBusiness & EconomyReal EstateEducationIndustry & TradeGovernment & Policy
MDCAT 2026 Concludes With 138,000+ Candidates: What's Next
Education4 min read

MDCAT 2026 Concludes With 138,000+ Candidates: What's Next

MDCAT 2026 was held on September 20 with over 138,000 candidates nationwide; PMDC's answer key, result, and provincial merit list dates are now the key thing to track.

22 September 2026
Pakistan's New Fuel Relief Scheme: Rs100/Litre Off for Bikes & Small Cars
Government & Policy4 min read

Pakistan's New Fuel Relief Scheme: Rs100/Litre Off for Bikes & Small Cars

ECC approved Rs75bn for a Fuel Relief Scheme giving motorcycles, rickshaws and 800cc cars a Rs100/litre petrol subsidy via a digital Fuel Pass System.

19 September 2026
SECP Approves Reforms to Simplify Business Registration in Pakistan
Business & Economy4 min read

SECP Approves Reforms to Simplify Business Registration in Pakistan

SECP's new B-READY reforms auto-share company data with FBR via APIs and publish SME funding info, easing registration for new businesses in Pakistan.

13 September 2026
FBR Changes the 2026 Tax Return Form Weeks Before the Sept 30 Deadline
FBR Updates4 min read

FBR Changes the 2026 Tax Return Form Weeks Before the Sept 30 Deadline

SRO 1495 of 2026 rewrites the income tax return's schedules into separate parts for individuals, AOPs, and companies — just 27 days before the filing deadline.

7 September 2026
HEC Drafts New Rules for Setting Up Universities, Ending 24-Year-Old Guidelines
Education4 min read

HEC Drafts New Rules for Setting Up Universities, Ending 24-Year-Old Guidelines

HEC's 2026 regulatory framework replaces 2002 university-establishment guidelines amid a jurisdictional dispute with Sindh and Punjab over who sets higher-education standards.

1 September 2026
Nepra Reviews Rs2.52/Unit Electricity Hike for September Bills
Government & Policy4 min read

Nepra Reviews Rs2.52/Unit Electricity Hike for September Bills

CPPA-G wants Rs36.5bn more from electricity consumers via a Rs2.52/unit fuel charge after LNG costs spiked 242%. Here's what it could add to your bill.

31 August 2026
Pakistan Moves to End Slab-Based Gas Pricing for a Single Rate
Government & Policy4 min read

Pakistan Moves to End Slab-Based Gas Pricing for a Single Rate

Petroleum Minister Ali Pervaiz Malik wants a single gas price to replace Pakistan's tiered slabs — here's what that could mean for your gas and electricity bills.

28 August 2026
FBR's New 1% Fixed Tax Scheme for Small Shopkeepers Explained (SRO 1166)
FBR Updates4 min read

FBR's New 1% Fixed Tax Scheme for Small Shopkeepers Explained (SRO 1166)

FBR's SRO 1166 of 2026 lets small shopkeepers pay 1% of turnover instead of filing normal returns, with audit immunity — here's who qualifies and what tax bar lawyers are flagging.

25 August 2026
FBR Cuts Customs Duty on 90 Uzbekistan Imports Under New SRO
FBR Updates4 min read

FBR Cuts Customs Duty on 90 Uzbekistan Imports Under New SRO

FBR's SRO 1349 of 2026 expands duty-free imports from Uzbekistan from 31 to 90 products, cutting customs, additional, and regulatory duty for importers.

21 August 2026
FBR's New Customs Penalties Hit Importers Rs25,000/Day From October 1
FBR Updates4 min read

FBR's New Customs Penalties Hit Importers Rs25,000/Day From October 1

SRO 1346 of 2026 sets graded daily fines up to Rs1 million for importers and exporters who miss customs clearance deadlines. Here's how the new penalty schedule actually works.

19 August 2026
FBR Cuts Exporters' Tax Rate to 1.25% — What It Means for You
Finance Act & Policy4 min read

FBR Cuts Exporters' Tax Rate to 1.25% — What It Means for You

FBR lowered the withholding tax on export proceeds from 2% to 1.25% as part of an Rs361bn relief package aimed at exporters and multinationals. Here's what changes for you.

12 August 2026
FBR Ties Steel Sector Sales Tax to Electricity Bills — Rs5 to Rs30 Per Unit
Finance Act & Policy4 min read

FBR Ties Steel Sector Sales Tax to Electricity Bills — Rs5 to Rs30 Per Unit

FBR now collects sales tax from steel melters and re-rollers through their electricity bills at Rs5 or Rs30 per unit, depending on scrap sourcing. Here's who pays what and why.

9 August 2026
FBR Beat Its July FY27 Tax Target — But Missed on Income Tax Again
Budget & Economy4 min read

FBR Beat Its July FY27 Tax Target — But Missed on Income Tax Again

FBR collected Rs816-820bn in July FY27, Rs36-40bn above target, but income tax alone fell short by roughly Rs15-23bn. Here's what the breakdown means for taxpayers this year.

6 August 2026
FBR's New AI Risk Engine Just Flagged 840 Taxpayers — Here's What Triggers It
FBR Updates4 min read

FBR's New AI Risk Engine Just Flagged 840 Taxpayers — Here's What Triggers It

FBR's AI-driven risk engine has flagged 840 high-risk audit cases worth Rs34bn by matching NADRA lifestyle data against declared income. Here's how the lifestyle-mismatch check actually works.

3 August 2026
FBR Opens Tax Year 2026 Return Filing — Salaried Filers Now Need Employer NTN Details
FBR Updates4 min read

FBR Opens Tax Year 2026 Return Filing — Salaried Filers Now Need Employer NTN Details

FBR started accepting Tax Year 2026 income tax returns on IRIS from July 27. Salaried filers must now name each employer with NTN details, not just a lump salary figure.

31 July 2026
Vehicle Import Duties Just Changed — Here's What the New SROs Actually Do
Finance Act & Policy4 min read

Vehicle Import Duties Just Changed — Here's What the New SROs Actually Do

FBR issued four SROs on July 1 revising customs duty, regulatory duty, and excise duty on imported vehicles. Despite headlines about a new '30% tax,' most rates actually went down — except for one category that got much more expensive.

4 July 2026