Pakistan’s tariff rationalisation policy is expected to reduce government revenue from imports by billions of rupees after lowering customs duties on several imported goods. Official documents show the revised tariff structure will decrease overall import-related revenue by an estimated Rs65.57 billion as the government moves ahead with broader reforms aimed at restructuring import taxes. The […]
Customs duty
Pakistan slashes customs duties on industrial imports
The federal government has announced significant reductions in customs duties on thousands of industrial raw materials, machinery and spare parts as part of the Budget 2026-27, aiming to lower production costs and boost industrial imports activity. According to the Finance Bill, customs tariffs on more than 7,500 items used by various industries have been revised. […]
Govt considers tax relief for salons, gyms in Budget 2026-27
The federal government is considering major tax relief measures for beauty salons, skincare clinics, and health clubs in the upcoming Budget 2026–27, according to official sources. Read More: FPCCI proposes tax relief for salaried class in budget 2026-27 Officials say the proposed reforms aim to reduce the financial burden on service-based businesses that rely heavily on imported raw […]
FBR misses target by Rs270 billion in first four months
ISLAMABAD – The Federal Board of Revenue (FBR) faced a Rs270 billion revenue shortfall from July to October 2025. The agency collected less than its set target for the first four months of the financial year. The gap highlights ongoing challenges in tax compliance and collection. Sources said FBR collected Rs3,840 billion during this period, […]