Taxation
NBP and Commercial Banks Extend Hours on November 29 for Tax Collections
The government has directed commercial banks to remain open this Saturday, November 29, 2025, to facilitate over-the-counter payment of duties and taxes. All Saturday-opening branches, including NBP branches handling customs collections, will operate from 9:00 A.M. to 5:00 P.M. Designated…
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FBR Reports Major Rise in Tax Collection from Sugar and Cement Sectors
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The Federal Board of Revenue has reported a significant jump in tax receipts from the sugar and cement sectors, stating that improved oversight tools such…
FBR Extends Deadline for Manual Tax Returns Filing
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The Federal Board of Revenue has extended the deadline for filing manual tax returns until November 30, offering temporary relief to taxpayers who still rely…
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Pakistan has reached a major tax milestone as income tax return filings surged to 5.9 million by October 31, 2025. The figure marks a 17.6%…
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The National Electric Power Regulatory Authority (NEPRA) has approved a major revision to K-Electric’s (KEL) Multi-Year Tariff (MYT) framework for FY2024–FY2030, introducing significant changes in…
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Pakistan’s trader community is voicing strong opposition to the government’s new tax on imported used clothing, warning that the move has triggered a sharp rise…
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Pakistan’s salaried class is now shouldering a significantly larger portion of the country’s tax revenue. According to documents obtained by TechJuice regarding salary analysis data,…
FBR Uncovers Tax Evasion Among Pakistan’s Top Influencers
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The Federal Board of Revenue (FBR) has uncovered multiple cases of tax evasion involving Pakistan’s top social media influencers who flaunt luxury lifestyles online but…
Punjab Revenue Authority Launches Special Unit for Tax Expansion
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The Punjab Revenue Authority (PRA) is set to establish a Special Unit as part of its plan to enhance tax collection and enforcement across the…
Govt Weighs Solar and Internet Taxes to Meet IMF Revenue Conditions
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The government is considering new taxes on solar panels and internet services in consultation with the International Monetary Fund (IMF) to meet revenue targets if…
Apple Urges India to Revise Tax Law on iPhone Equipment
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Apple is urging the Indian government to revise its income tax law to prevent the company from being taxed for owning high-end iPhone manufacturing equipment…
Saudi Arabia to Introduce Sugar-Based Taxation System in 2026
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Saudi Arabia is set to roll out a new sugar-based taxation system for sweetened beverages starting January 2026, replacing the existing flat-rate excise model. According…
Punjab Revenue Authority’s Tax Collection Jumps 28pc Year-on-Year
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The Punjab Revenue Authority’s (PRA) tax collection jumped 28 percent year-on-year in the first quarter of fiscal year 2025–26, reaching Rs66.41 billion. The increase comes…
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