SuperNews 13-5-2026 (Judgments – Budget & Tax Measures – INGOs Documentation – PRA EoDB Initiatives – ICS & Fin Bill Proposals – Customs Valuations)

The following topics can be found in their own Tax Law posts:

1.      SHC Order [ITRA 56 to 61 -17] 12-5-2026 Deduction of Tax on Giveaways – Sec 161 ITO Order – 2012 PTD 405 – Prize for Sales Promotion by the dealers – S 156 – Allowed

2.      SHC Order [SCRA 34 -26] 12-5-2026 Sec 194A(1) & 215 Customs Act – Limitation – Filing of Appeal – Condonation of Delay – Dismissed

3.      Cus Val 2077 of 2026 Solar Panel 

4.      Cus Val 2078 of 2026 Blood Collection Tube

5.      SRB Notification 16 dt 12-5-2026 Jurisdiction

The following topics are included in the given attachment:

6.      9MFY26 BUDGET DEFICIT REACHES RS856.4BN MARK

7.      REGISTRATION WITH TAX DEPARTMENT: FBR DIRECTS INGOs TO SUBMIT DOCUMENTATION

8.      PRA, SCCI DISCUSS TAX SYSTEM, EASE OF DOING BUSINESS

9.      APTMA URGES PUNJAB GOVT TO WITHDRAW PUNJAB INFRASTRUCTURE DEVELOPMENT CESS PIDC BILL 2026

10.   TEXTILE SECTOR URGES RESTORATION OF EXPORT FACILITATION SCHEME, FINAL TAX REGIME

11.   CUSTOMS VALUES OF SOLAR PANELS INCREASED

12.   VALUES OF BLOOD COLLECTION TUBES RE-DETERMINED