Insights

The Federal Board of Revenue (FBR), through S.R.O. 1444(I)/2026 dated 28 August 2026, issued under section 68 of the Income Tax Ordinance, 2001, and in supersession of Notification No. S.R.O.

The Federal Board of Revenue (FBR), through S.R.O. 1166(I)/2026 dated 27 July 2026, has issued the Special Procedure for Small Shopkeepers under section 99B of the Income Tax Ordinance, 2001.

The Provincial Assemblies of Punjab, Sindh, KPK and Balochistan approved the respective Finance Bills 2026...

This publication contains a review of changes made in the Income Tax Ordinance, 2001, Sales Tax Act, 1990...

Our latest Withholding Tax Collection & Deduction – Tax Year 2027 is now available. A concise overview of the applicable withholding tax collection and deduction rates under the Finance Act, 2026.

This document contains the changes proposed by the Finance Bill, 2026 along with our comments thereon.

The Finance Bill, 2025 has been presented in the National Assembly...

Economic Brief 2026 is a publication prepared by KPMG in Pakistan to provide information and commentary on the performance of Pakistan’s economy...

The Federal Government through S.R.O. 799(I)/2026 dated 4 May 2026 issued in terms of section 183 of the Income Tax Ordinance, 2001

The Federal Board of Revenue (FBR) has issued Circular No. 08 of 2025–26 dated 15 April 2026 to clarify how withholding tax under Section 236C applies to builders and developers operating under the Section 7F regime. It replaces the earlier circular issued on 31 March 2026 and addresses concerns regarding the treatment of advance tax on the sale of immovable property.

We are delighted to launch Pakistan Banking Perspective 2026.

The FBR has issued Circular No. 07 of 2025‑26 dated 31 March 2026, issuing clarification regarding the applicability of advance tax under section 236C of the Ordinance to builders and developers operating under the special tax regime prescribed in section 7F of the Ordinance.

The Securities and Exchange Commission of Pakistan [“Commission”] notified S.R.O.328(I)/2026 dated 19 February 2026 [“Notification”]...

The Federal Board of Revenue (FBR) has issued SRO 288(I)/2026 dated 18 February 2026. The SRO publishes a draft substitution of Chapter VIIA of the Income Tax Rules, 2002 (the Rules) for public comments related to electronic invoicing by...

The National Assembly passed the Income Tax Ordinance (Third Amendment) Act, 2026.

The digital economy is rapidly reshaping the world around us.

The Provincial Assemblies of Punjab, Sindh, KPK and Balochistan approved the respective Finance Bills 2025...

This publication contains a review of changes made in the Income Tax Ordinance, 2001, Sales Tax Act, 1990...

Tax Publication

This document contains the changes proposed by the Finance Bill, 2025 along with our comments thereon.

The Finance Bill, 2025 has been presented in the National Assembly...

Economic Brief 2025 is a publication prepared by KPMG in Pakistan to provide information and commentary on the performance of Pakistan’s economy...

As financial year 2025 is nearing its end, Government is beefing up its efforts to complete the fiscal revenue collection target set for the year.

In order to move towards digitization and documentation of economy, the Federal Board of Revenue introduced Chapter XIV of the Sales Tax Rules 2006...

We are delighted to launch Pakistan Banking Perspective 2025.

Pakistan’s corporate landscape is experiencing a significant transformation in sustainability reporting, aligning with global trends while...

In order to move towards digitization and documentation of economy, the Federal Board of Revenue [the “FBR”] introduced Chapter XIV of the Sales...