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Faulty Tax Calculations Cost FBR Rs. 118 Billion in Super Tax: Audit Report
The Federal Board of Revenue (FBR) suffered a revenue shortfall of nearly Rs. 118 billion in super tax over the past two years due to…
Government Increases Tax on Restaurant Card Payments
Customers dining at restaurants across Pakistan will now pay revised tax rates following a new government directive that took effect on July 1, 2026. The…
Banks Announce Extended Working Hours for FBR Tax Payments
The Federal Board of Revenue (FBR) has requested a major schedule change. Consequently, commercial banks and National Bank of Pakistan (NBP) branches handling customs collections…
Govt Approves Reduced Tax Rate on Property Buying and Selling in Pakistan
The federal government has approved significant revisions to advance tax rates on property transactions while simultaneously increasing the tax burden on banks and large corporate…
Government to Install Surveillance Cameras in Marriage Halls and Restaurants to Stop Tax Evasion
The Punjab government has approved a digital monitoring system for marriage halls, marquees, farmhouses, and restaurants. The move aims to curb tax evasion and improve…
FBR Offices to Remain Open on June 27-30 for End-of-Year Tax Collection
The Federal Board of Revenue has announced that all its field formations across the country will remain operational on June 27 and 28, 2026, despite…
LESCO Stops Printing Detailed Tax Breakdown on Electricity Bills
The Lahore Electric Supply Company (LESCO) has introduced a redesigned electricity bill format that no longer displays a detailed breakdown of taxes and additional charges…
How Overseas Pakistanis Can Avoid PTA/FBR Mobile Phone Taxes for 120 Days
Mobile connectivity often becomes a headache for overseas Pakistanis right after landing in the country. To solve this, the Pakistan Telecommunication Authority (PTA) offers a…
Government Grants 15-Year Tax Exemption for PIA Consortium
The government has granted a massive 15-year tax exemption to the Pakistan International Airlines (PIA) consortium. The National Assembly’s (NA) Standing Committee on Finance discussed…
Government Plans 300% Tax Hike for IT Sector in New Budget Proposal
Pakistan’s information technology sector may face a significant tax increase in the upcoming federal budget. Sources indicate that the federal government is considering raising the…
FBR Plans Action Against Online Personalities Flaunting Expensive Lifestyles
The Federal Board of Revenue is preparing a countrywide crackdown on non-filers who show luxury lifestyles on social media. The action is expected to start…
Punjab Approves New Tax on Large Solar Systems and Generators
The Punjab government has reportedly approved the Electricity Duty Rules 2026, introducing a new taxation framework for large private power generation systems, including commercial and…
