Taxation
FBR Reports Major Rise in Tax Collection from Sugar and Cement Sectors
The Federal Board of Revenue has reported a significant jump in tax receipts from the sugar and cement sectors, stating that improved oversight tools such as the track and trace system and real-time video monitoring helped generate more than Rs52…
Govt Withdraws Sales Tax Exemption on Imported Cotton Yarn
ISLAMABAD: The federal government has officially withdrawn sales tax and duty exemptions on imported cotton and yarn, aiming to strengthen domestic cotton farming and revive…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
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
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
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
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
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
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
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…
Steep Higher Tax on Cash on Delivery (COD) confirmed in Budget FY26
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
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
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
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…
