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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Supreme Court Examines Legality of Super Tax on High Earners
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The Super Tax came under legal scrutiny on Monday as senior counsel Ahmed Jamal Sukhera argued before the Supreme Court’s Constitutional Bench (CB) that the…
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FBR Goes After 100,000 Influencers Showing Off Wealth Online
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The Federal Board of Revenue (FBR) has begun enforcing its e-invoicing penalty system from September 1, 2025, with fines starting at Rs500,000 for non-compliance. The…
FBR Revenue Shortfall Hits Rs42bn in First Two Months of FY26
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The Federal Board of Revenue (FBR) has reported a revenue shortfall of nearly Rs42 billion during the first two months of the current fiscal year,…
Govt Unveils Simplified Tax Form for Salaried Class
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Finance Minister Muhammad Aurangzeb has announced a simplified tax form for salaried class, cutting the number of required fields from 800 to just 40 in…
Islamabad Car Token Tax to Rise Following Cabinet Decision
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The Federal Cabinet has approved revisions to token tax rates for vehicles in Islamabad after a gap of six years. The decision is expected to…
