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FBR and IMF Agree to Cut Pakistan’s Tax Collection Target
The Federal Board of Revenue (FBR) and the International Monetary Fund (IMF) have reportedly agreed to reduce Pakistan’s tax collection target by Rs150 billion. The…
NEPRA Slashes K-Electric Tariffs and Tightens Loss Targets
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…
Landa Bazaar Faces Price Shock After Government’s New Clothing Tax
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…
Salaried Class Now Pays 29% of Pakistan’s Income Tax
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
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
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
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
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
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
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…
IMF Agrees to Revise Pakistan’s Tax Collection Target for FY2025
The International Monetary Fund (IMF) has agreed in principle to reduce Pakistan’s tax collection target for the ongoing fiscal year by Rs160 billion. Under the…
Pakistan Business Council Urges FBR to Fix Tax Credit Error in IRIS System for Tax Year 2025
The Pakistan Business Council (PBC) has raised concerns over a major technical error in the Federal Board of Revenue’s (FBR) IRIS system, which has affected…
