Trending Topics
OCAC Warns New Levies on Furnace Oil Will Cripple Industries
The Oil Companies Advisory Council (OCAC) has raised alarms over the government’s decision to impose new levies on furnace oil, cautioning that the move could…
FBR Sales Tax Integration Now Mandatory for Service Providers
The Federal Board of Revenue (FBR) has announced that FBR sales tax integration will be mandatory for a wide range of service providers starting July…
Pakistan Digital Presence Proceeds Tax Raises Alarms for Foreign Investors
The Asia Internet Coalition (AIC) has voiced serious concerns over Pakistan’s proposed Digital Presence Proceeds Tax (DPPT), introduced through the Finance Bill on June 10…
Public Outcry Erupts Over New Garbage Tax in Punjab
A new garbage tax in Punjab, set to take effect from tomorrow (July 1), has triggered widespread outrage among citizens and social organisations across the…
Businesses Warn of Fallout from Sindh Minimum Wage Hike and New Taxes
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
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)
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
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
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
ISLAMABAD: The federal government has officially withdrawn sales tax and duty exemptions on imported cotton and yarn, aiming to strengthen domestic cotton farming and revive…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…
