Trending Topics
Govt Expects Rs. 48 Billion Extra Tax Revenue Through Industrial Monitoring
The Government of Pakistan Federal Board of Revenue (FBR) has informed the International Monetary Fund that expanded industrial production monitoring is expected to generate an additional Rs.…
Pakistan Customs Revises Import Valuation for Smartwatches & Wearables
The Directorate General of Customs Valuation recently revised the customs values for imported non-GSM smartwatches, smart bands, and smart rings from all origins. Authorities issued…
FBR Revises Customs Values for Imported Smartwatches and Wearables
The Federal Board of Revenue (FBR) has revised customs values for imported smartwatches, smart bands, and smart rings to curb under-invoicing and prevent revenue losses.…
Australia Threatens Tech Giants With 2.25% Tax On News Content
The Australian government introduced strict draft laws today. These laws target tech giants like Meta, Google, and TikTok. Specifically, Australia will force these platforms to…
Here’s Why You Might Be Receiving Money From SadaPay: Withholding Tax Refund
SadaPay users are waking up to unexpected money in their accounts. You might be next. People are actively posting about these financial windfalls on platforms…
FBR Reduces Property Valuation Rates in 5 Major Punjab Cities
The Federal Board of Revenue (FBR) just reduced immovable property valuation rates across five major cities in Punjab. Consequently, the authorities implemented these targeted changes…
FBR Increases ‘PTA Tax’ for Used Imported iPhones, Samsung, and Pixel Devices
The Federal Board of Revenue (Federal Board of Revenue) has issued revised customs valuation rates for imported used mobile phones, covering 62 brands including Apple,…
FBR Loses Major Tax Battle: ATIR Grants Huge Relief to MCB Bank Over Minimum Tax
The Federal Board of Revenue (FBR) recently faced a major legal defeat. The Appellate Tribunal Inland Revenue (ATIR) in Lahore ruled that authorities cannot impose…
FBR Introduces Major Tax Relief for Property Developers in Pakistan
Pakistan’s tax authority, the Federal Board of Revenue (FBR), has introduced significant relief measures for property developers and builders by streamlining the issuance of withholding tax exemption…
Govt Revises Customs Values, Lithium-Ion Batteries to Get Expensive
The people of Pakistan are already drowning in inflation. Now, the government has dropped another bomb. The Directorate General of Customs Valuation in Karachi has…
Pakistan Targets Branded Retail Clothing Sector for Data-Driven Tax Compliance
Pakistan loses billions in legitimate tax revenue. Consequently, a new National Assembly motion targets the booming branded retail clothing sector. Currently, inadequate documentation and weak…
Punjab Imposes Rs. 30 Daily ‘Dung Tax’ on Buffaloes for Biogas
Reportedly, the Punjab government is taking a drastic step toward green energy. Authorities will impose a daily “Dung Tax” on buffalo dung across the province.…
