Taxation
Trending Topics
FBR Faces Pressure to Fix Income Tax Return System Ahead of 2025 Filing Deadline
Taxpayers and experts are urging Pakistan’s Federal Board of Revenue (FBR) to urgently address serious issues with the Iris e-filing portal, ahead of the upcoming…
Govt Plans Gradual Cut in Super Tax for Manufacturing Sector
The government is preparing to slash the super tax for the manufacturing sector as part of its new industrial policy, aiming to reduce the rate…
FTO Targets Rs133m Fake Tax Invoices Scam
The Federal Tax Ombudsman (FTO) has directed the Director General of Intelligence and Investigation (I&I) Inland Revenue to track down cybercriminals who used IP addresses…
FBR Arrest Powers Tied to Consultation with Business Representatives
The federal government has made it mandatory for tax officials to consult at least two business representatives before starting investigations that could lead to arrests.…
PM Shehbaz Orders Pakistan Revenue Automation Limited Shutdown by Dec
Prime Minister Shehbaz Sharif has ordered the Pakistan Revenue Automation Limited (PRAL) shutdown within six months, a move that could disrupt the country’s entire tax…
FBR Sales Tax Deadline for June 2025 Returns Extended Further
Pakistan’s apex tax body has further extended the FBR sales tax deadline for June 2025 returns. Taxpayers now have more time to submit returns if…
Mandatory FBR E-Invoicing Begins for All Sales Tax Registered Entities
The Federal Board of Revenue has made FBR e-invoicing mandatory for all sales tax registered entities. This phased implementation will start on August 1, aiming…
Federal Board of Revenue Takes Step to Settle GB Tax Dispute
The Federal Board of Revenue (FBR) has formed a seven-member committee to address tax concerns in Gilgit-Baltistan (GB). This move follows a ten-day protest by…
FBR Exempts Foreign‑Supplied Digital Goods from 5% “Digital Presence” Tax
In a move that surprised many, the Federal Board of Revenue (FBR) has suspended the 5% Digital Presence Proceeds Tax on foreign-supplied digital goods and…
FBR Enforces 18% Sales Tax on Cotton Imports
The Federal Board of Revenue (FBR) has imposed an 18 percent sales tax on cotton imports after previously withdrawing sales tax exemption on imported cotton…
Sindh Farmers Vow Court Battle Against 45% Agricultural Income Tax
Sindh farmers have decided to take legal action against the recently imposed 45 percent agricultural income tax, calling it unconstitutional and a threat to their…
Govt to Revise Policy on Tax Deduction on Cash Sales
The federal government has proposed a major change to the policy governing tax deduction on cash sales, raising the limit from Rs200,000 to Rs2.5 million…
