Taxation
FBR Extends Deadline for Manual Tax Returns Filing
The Federal Board of Revenue has extended the deadline for filing manual tax returns until November 30, offering temporary relief to taxpayers who still rely on paper-based submissions rather than the FBR web portal. In a notification issued on Wednesday,…
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Businesses Warn of Fallout from Sindh Minimum Wage Hike and New Taxes
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Strong opposition is mounting over the proposed Sindh minimum wage hike and tax measures in the Finance Bill 2025-26, as Karachi’s business community warns of…
Govt Exempts Income Tax on Rs1.2 Million Annual Salary
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The federal government has agreed to exempt income tax on annual salaries up to Rs1.2 million, following demands made by the Pakistan Peoples Party (PPP)…
Punjab to Begin Garbage Tax Collection from July (Rates & Date Confirmed)
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The Punjab government is set to begin garbage tax collection from both urban and rural areas starting July 1, 2025, under the Rs200 billion Suthra…
FBR to Suspend Bank Accounts of Sales Tax Evaders on THIS Date
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In a major policy shift, the Federal Board of Revenue (FBR) will have the authority to temporarily suspend bank accounts of unregistered sales tax evaders…
FBR extends sales tax system integration deadline
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ISLAMABAD: The Federal Board of Revenue (FBR) has announced extended deadlines for both corporate and non-corporate sales tax registered persons to complete their system integration.…
Govt Withdraws Sales Tax Exemption on Imported Cotton Yarn
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ISLAMABAD: The federal government has officially withdrawn sales tax and duty exemptions on imported cotton and yarn, aiming to strengthen domestic cotton farming and revive…
New Taxes on Mutual Funds and Poultry Announced in the Mini Budget 2025-26
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The federal government has unveiled new taxes on mutual funds and poultry in the 2025-26 budget, Finance Minister Muhammad Aurangzeb announced during his address to…
Salaried Class to Receive Significant Tax Relief, Says Finance Minister
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In a significant effort to alleviate the financial burden on low- and middle-income earners, Pakistan’s government has announced substantial tax relief for the salaried class…
Pakistan’s Digital Boom Now in Tax Crosshairs: 5M+ Earners to Pay Up
3 min read
Islamabad – Pakistan’s National Assembly Standing Committee on Finance is advancing a key clause in the Finance Bill 2025-26, proposing to tax online businesses that…
Govt Confirms Latest Taxes: Rs. 2.5 per Liter Carbon Levy & New EV Charges
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Starting from July 1, 2025, a carbon levy of Rs2.50 per liter will be imposed on petroleum products. This comes as the government plans to…
Pakistan Senate Rejects Carbon Levy: Introduces Digital Presence Proceeds Act
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The Senate Standing Committee on Finance and Revenue, led by Senator Saleem Mandviwalla, recently made several key decisions. The Committee rejected proposed carbon levy ,…
Finance Bill 2025-26: Online Teachers, E-commerce, And Clubs In Trouble
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The Federal Board of Revenue (FBR) has put forward several proposals in the Finance Bill 2025-26 aimed at expanding Pakistan’s tax base. These proposals, discussed…
New Tax Alert! Govt Targets Temu, Google & Others Under Digital Law
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ISLAMABAD: In a bold move to tighten its grip on the growing digital economy, the National Assembly Standing Committee on Finance and Revenue has approved…
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