RA Consultants

10% Tax Credit on Electronic Resources A tax credit equal to 10% of the amount invested in eligible electronic resources may be claimed.

However:
❌ Operation and maintenance expenses are not eligible
✅ Credit is allowable only against normal tax liability
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Tax Credit for POS Machines
The tax credit is limited to the actual purchase cost of a Point of Sale machine, subject to a maximum of Rs. 150,000 per machine.
Businesses claiming this credit should retain purchase invoices and supporting records.

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Withholding Tax Rate Flexibility up to 1% The Act empowers the Federal Government to rationalize certain withholding tax rates where they operate as minimum tax by up to 1%, based on economic viability.
This does not include rates applicable under Section 113 and remains subject to prescribed conditions and limitations.

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Non-Integration Disallowance Reduced from 5% to 3% The Bill proposed disallowance of up to 5% of expenditure claimed where a person fails to:
✅ Install the prescribed electronic resource; or
✅ Operate as an integrated enterprise as required by law.
The Act has reduced the maximum disallowance to 3%.

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Failure to Integrate with FBR May Cost Your Business Under the Finance Act, 2022, a business required to integrate with FBR through approved electronic devices and software may face disallowance of expenditure up to 8% of sales if it fails to integrate.

✅ Confirm whether integration applies to your business
✅ Use approved devices and software
✅ Maintain integration and sales records
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📲 RA Consultants WhatsApp: +92 300 1727626
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Tax on Deemed Income from Specified Capital Assets Omitted The Finance Act, 2026 has omitted Section 7E, which imposed tax on deemed income from specified capital assets situated in Pakistan.

The omission follows the FCCP judgment concerning the constitutional validity of this provision and appears to be a consequential legislative amendment.

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📲 RA Consultants WhatsApp: +92 300 1727626
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Tax on Deemed Income from Specified Capital Assets Finance Act, 2022 imposed tax at 20% on deemed income, calculated at 5% of the fair market value of specified capital assets situated in Pakistan.

This is effectively 1% of the asset’s fair market value, subject to prescribed exclusions.

Asset owners should review:
✅ Asset classification
✅ Fair market value
✅ Available exclusions
✅ Tax-return disclosure
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📲 RA Consultants WhatsApp: +92 300 1727626
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Final Tax Regime: New Option for Online Businesses

For tax on digitally ordered goods and services:
🔹 Turnover above Rs. 200 million: Tax will be adjustable.
🔹 Turnover up to Rs. 200 million: The person may opt out of the final tax regime while filing the return for Tax Year 2027 and onwards.
Online businesses should assess their turnover and tax position before selecting the applicable treatment.
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Tax on Digitally Ordered Goods & Services Finance Act, 2025 imposed tax on persons receiving payment for digitally ordered goods or services:
✅ Delivered from within Pakistan
✅ Ordered through locally operated marketplaces or websites
✅ Tax treated as final tax

Online sellers and service providers should review their platform income, payment records and applicable tax obligations.

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Representative Status under Section 172(3) A person who causes another person to act on their behalf in relation to a taxable service may be treated as the representative of that person under subsection (3) of Section 172, applying accordingly.

Businesses should clearly understand:
✅ Who is acting on their behalf
✅ The responsibilities attached to representative status
✅ The records and authorisations that should be maintained
✅ The potential tax-compliance implications

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