Taxation
FBR Exempts One-Time Online Sellers from Registration
ISLAMABAD: The Federal Board of Revenue (FBR) has officially confirmed a key FBR online seller exemption, stating that one-time sellers and women operating small home-based businesses will not be required to register as digital vendors under the new e-commerce tax…
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Inflation-Adjusted Salary Hike Expected in Budget 2025-26
2 min read
ISLAMABAD: An inflation-adjusted salary hike is expected in the upcoming federal budget for 2025-26 to support the salaried class amid rising inflation. Simultaneously, the government…
Pakistan Gains IMF Nod to Cut Tax Burden on Salaried Class
2 min read
Pakistan has received preliminary approval from the International Monetary Fund (IMF) to reduce income tax rates for salaried individuals in the upcoming 2025-26 federal budget.…
FBR to Double Tax on Non-Filers’ Cash Withdrawals from July 2025
2 min read
ISLAMABAD: The Federal Board of Revenue (FBR) has recommended a significant increase in withholding tax on cash withdrawals by non-filers, from the current 0.6% to…
PBC Budget Proposals Urge GST Cuts and Relief for Salaried Class
4 min read
KARACHI: Business leaders, including the Pakistan Business Council (PBC), have unveiled key recommendations ahead of the federal budget, urging the government to incorporate PBC budget…
No Tax On Solar Panel Import, FBR Announced
2 min read
The Federal Board of Revenue (FBR) Chairman, Rashid Mahmood Langrial, has stated that there are no plans to impose taxes on solar panels import in…
Luxury Cars in Pakistan to Get Pricier After Budget 2025-26
2 min read
ISLAMABAD: Luxury cars in Pakistan are expected to become more expensive after Budget 2025-26, as the federal government prepares to raise advance taxes on high-end…
Budget to Feature Tax Relief, Bold Reforms: Finance Minister
3 min read
ISLAMABAD: Finance Minister Muhammad Aurangzeb announced that the upcoming federal budget will introduce simplified tax returns for the salaried class and bold economic measures to…
Rs1.079 Trillion Power Sector Subsidy Likely in FY2025-26 Budget
2 min read
ISLAMABAD: The federal government is expected to allocate a power sector subsidy of Rs1.079 trillion (Rs1,079 billion) for the fiscal year 2025-26 budget, according to…
Bahria Town’s Icon Tower to Be Auctioned by FBR due to tax Default
2 min read
ISLAMABAD: The Federal Board of Revenue (FBR) has officially announced the auction of Bahria Icon Tower in Karachi, along with the Mall of Islamabad, to…
Govt Plans 18% Sales Tax on Ex-Tribal Area Goods
2 min read
ISLAMABAD: The federal government is preparing to introduce a significant fiscal change by imposing an 18% sales tax on goods produced in the former tribal…
Higher Tax Likely on Packaged Food (Milk, Chips) in Budget 2025-26
2 min read
In an effort to boost fiscal revenue without burdening low-income groups, the federal government is set to impose Federal Excise Duty (FED) and additional sales…
Govt to Slap 18% Sales Tax on Imported Raw Materials in Double Tax Shock
3 min read
ISLAMABAD: The Federal Board of Revenue (FBR) has confirmed that the government will soon impose an 18% sales tax on imported raw materials for exports,…
Pak Budget 2025-26: New Taxes on YouTubers, Freelancers & Pensioners
4 min read
As the clock ticks toward the June 2, 2025, budget announcement, Pakistan’s federal government appears poised to introduce a series of sweeping tax reforms in…
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