SuperNews 18-6-2026 (Judgments – Fin Bill in Senate & National Assembly – Provincial Budgets – FTO – Automobiles Imports – KPT Tariff – REER Index – Intl Trade)

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

1.      The Sindh Finance Bill 2026-27

2.      Balochistan Budget Speech 2026-27

3.      Balochistan Budget at a Glance 2026-27

4.      IHC Judgment [WP 320 -25] AFR 17-6-2026 Vs CIR – Sec 38 ST Act Rule 12 – Investigation & Audit – Supply Chain Analysis – Concealment of Purchases – Search and Seizure – 2008 SCMR 308 – Dismissed

5.      IHC Judgment [WP 1756 -18] AFR 7-4-2026 Electricity Generation Vs FBR – Sec 38 ST Act – Irrelevant Purchases – Investigation & Audit – 2026 SCMR 300 – SRO 450 of 2013 – Dismissed

6.      IHC Judgment [WP 4348 -16] AFR 2-4-2026 Telecom Co Vs CIR – Services from UAE – Double Taxation Treaty – 12pc WHT Exemption – Sec 152 ITO – 1999 SCMR 1381 – Maintainability – Dismissed

7.      IHC Judgment [Cus Ref 72 -24] AFR 27-4-2026 Vs CAT – 2^nd time Import of Vehicle under Gift Sch – App-E Import Pol Order – Sec 179, 194B Cus Act – SRO 797 -21 – Jurisdiction – PLD 2018 SC 114 – Allowed

8.      FBR Cir dt 17-6-2026 Modification in Anomaly Committee – Business

9.      FBR Cir dt 17-6-2026 Rectification of Anomaly Committee – Technical

The following topics are included in the given attachment:

10.   SENATE PANEL FINALISES FINANCE BILL REVIEW: COMMITTEE EXAMINE PROPOSED AMENDMENTS TO KEY STATUTES, INCLUDING CUSTOMS ACT, SALES TAX ACT, INCOME TAX ORDINANCE

11.   BUDGET 2026-27: BUDGET DEBATE NEARLY DEVOLVES INTO FISTICUFFS

12.   NA WITNESSES HEATED DEBATE ON FEDERAL BUDGET

13.   NA BODY QUESTIONS AI-BASED TAX AUDIT CREDIBILITY

14.   NA BODY INFORMED: RS620BN TAXES COLLECTED THROUGH POWER BILLS

15.   SINDH BUDGET AT A GLANCE

16.   SINDH BUDGET REFLECTS GOVT’S FRUGAL APPROACH

17.   SINDH EYES RS450B IN SALES TAX: BETS ON SERVICES TAX TO DRIVE RS690B PROVINCIAL REVENUE IN FISCAL 2026-27

18.   PUNJAB BUDGET 2026-27: PUNJAB TO SET UP ‘FBR-LIKE’ REVENUE AUTHORITY, SAYS MINISTER

19.   PUNJAB BUDGET: BR EDITORIAL

20.   BALOCHISTAN BUDGET AT A GLANCE

21.   BALOCHISTAN UNVEILS SURPLUS BUDGET

22.   K-P LIKELY TO TABLE FULL BUDGET ON 19^TH: PARTY LEADERS ADVISE CM AGAINST A THREE-MONTH PLAN AS LEGAL EXPERTS WARN OF ADMINISTRATIVE COMPLICATIONS

23.   NO DELAY IN PRESENTATION OF KP BUDGET: GOVERNOR

24.   FY27 TAX COLLECTION TARGET: FBR CHAIRMAN EXPRESSES OPTIMISM

25.   NEW MODEL TO SHIELD TAXPAYERS FROM HARASSMENT: FACELESS SYSTEM TO BE LAUNCHED IN OCT TO CREATE BLIND BETWEEN TAXPAYERS AND TAXMEN

26.   NEW SALES TAX MECHANISM MAY RAISE GHEE, COOKING OIL PRICES BY RS10-15 PER KG

27.   PVMA CONCERNED OVER NEW SALES TAX MECHANISM

28.   BEVERAGE INDUSTRY: PROPOSAL TO CUT FED ON AERATED BEVERAGES TO 15PC ENDORSED

29.   PBF SUBMITS RECOMMENDATIONS ON FINANCE BILL

30.   FOOTWEAR SECTOR OPPOSES THIRD SCHEDULE INCLUSION

31.   IHC SUSPENDS PROPERTY TAX BILL ISSUED BY MCI

32.   FTO HOLDS RTO HYDERABAD GUILTY OF MALADMINISTRATION IN RS7.3M TAX CASE

33.   AGE LIMIT ON VEHICLE IMPORTS REMOVED: SECOND PHASE OF TARIFF RATIONALISATION PLAN UNVEILED

34.   GOVERNMENT SUSPENDS KPT’S PLANNED 5% TARIFF HIKE: DECISION WILL PROVIDE OVERALL RELIEF OF MORE THAN RS500 MILLION, SAYS MINISTER

35.   PAKISTAN’S REAL EFFECTIVE EXCHANGE RATE REER INDEX SURGES TO 92-MONTH PEAK OF 106.15: REBASING WOULD HELP REER TO GIVE A FAIR CURRENCY VALUE, A RESEARCH HOUSE SAYS

36.   CHINA ISSUES SECOND BATCH OF NAPHTHA IMPORT QUOTAS