Taxation
Tax Returns Hit Rs. 5.9 Million: No More Blanket Extension for Filers
Pakistan has reached a major tax milestone as income tax return filings surged to 5.9 million by October 31, 2025. The figure marks a 17.6% increase compared to the 5 million returns filed during the same period last year. Prime…
Trending
Trending Topics
Steep Higher Tax on Cash on Delivery (COD) confirmed in Budget FY26
2 min read
The federal government is preparing to implement a higher income tax on Cash on Delivery (COD) transactions, compared to digital payments. This move, proposed under…
Senate Rejects FBR Arrest Powers in Sales Tax Fraud Cases
2 min read
ISLAMABAD: The Senate Standing Committee on Finance and Revenue has rejected the Federal Board of Revenue’s (FBR) proposal to expand its arrest powers in cases…
FBR Exempts One-Time Online Sellers from Registration
2 min read
ISLAMABAD: The Federal Board of Revenue (FBR) has officially confirmed a key FBR online seller exemption, stating that one-time sellers and women operating small home-based…
Senate Panel Approves E-Commerce Tax in Finance Bill 2025–26
2 min read
ISLAMABAD: The Senate Standing Committee on Finance and Revenue has recommended reducing the sales tax on stationery items from 10% to zero, while also endorsing…
Sindh unveils Rs3.45 Trillion Tax-Relief Budget to Stimulate Growth
3 min read
KARACHI: The Sindh government has announced a pro-growth provincial budget for FY 2025–26, totaling Rs3.45 trillion, with a focus on tax relief, development spending, and…
Standing Committee Flags Concerns Over Finance Bill Proposals and FBR Reforms
2 min read
A meeting of the Standing Committee on Finance and Revenue was held today at the Parliament House, Islamabad, under the chairmanship of Syed Naveed Qamar,…
Jazz Hit with Rs. 22 Billion Fine in Historic Court Ruling, IHC sides with FBR
3 min read
A significant ruling by the Islamabad High Court, led by Justice Babar Sattar, has sided with the Federal Board of Revenue (FBR) in a tax…
FBR Enforces 15% Tax on Passive Saving Income
2 min read
KARACHI: The Federal Board of Revenue (FBR) has introduced a 15% tax on passive saving income, aiming to reduce the disparity between active and passive…
Pakistan Finance Bill 2025: New Strict Tax Rules for E-commerce & Digital Creators
3 min read
The federal government has unveiled wide-ranging tax compliance reforms in Finance Bill 2025, proposing tougher penalties and stricter enforcement to boost documentation and curb tax…
Non-Fillers Can Not Buy A Car Or Property Anymore
2 min read
Over 120 million Pakistanis are no longer allowed to purchase cars or property. This change was one of the classifications under the Income Tax Ordinance…
Strict Penalties Proposed for NTN and CNIC Misuse in Budget
2 min read
In a bid to curb tax evasion, the federal government has proposed strict penalties for those misusing National Tax Numbers (NTNs) and Computerized National Identity…
Warning!! Budget May Increase Taxes on Food, Books, and Daily Essentials
2 min read
With a record tax revenue target for FY26, the federal government is proposing tax hikes on essential items like food, books, and stationery in the…
Fertilisers and Pesticides to Remain Tax-Free in Budget 2025-26
2 min read
In a move to support farmers grappling with high input costs, the federal government has decided to retain the tax exemption on fertilisers and pesticides…
Latest News
