SuperNews 7-5-2026 (Judgment – Budget Proposals – PDL-CSL Collections – Infrastructure Dev Cess – EFS – Vehicles Auction – FBR HR)

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

1.      ATIR Order [ITA 753 -26] 30-4-2026 Sec 4C ITO Super Tax Proceedings – Cap Gain on Immovable Property – Allowed

2.      The Sindh Development and Maintenance of Infrastructure Cess (Second Amendment) Bill, 2026

The following topics are included in the given attachment:

3.      FBR TO COLLECT LEVIES ON PETROLEUM PRODUCTS: GOVT DESIGNATES AUTHORITY AS COLLECTION AGENT OF PETROLEUM DIVISION FOR PDL, CSL

4.      PAKISTAN LOSES RS350BN ANNUALLY TO ILLICIT CIGARETTE TRADE: PHILIP MORRIS INTERNATIONAL TELLS MINISTER – NEARLY 45 TO 47 BILLION CIGARETTES ARE BEING SOLD, DELEGATION TELLS MINISTER

5.      FPCCI, OTHER CHAMBERS FLOAT BUDGET PROPOSALS: REFUNDS, ENERGY COSTS & SUPER TAX AMONG PRESSING ISSUES

6.      PBF SUGGESTS ‘FIXED TAX’ ON SHOPKEEPERS

7.      PUNJAB INFRASTRUCTURE DEVELOPMENT CESS (AMENDMENT) BILL 2026 PASSED

8.      NEW SRO ISSUED: PERIOD FOR UTILIZATION OF IMPORTED GOODS UNDER EFS EXTENDED

9.      FBR ANNOUNCES MEGA AUCTION OF CONFISCATED VEHICLES ON MAY 11

10.   FBR AWARDS MAJOR PENALTY ‘DISMISSAL FROM SERVICE’ TO CUSTOMS OFFICIAL