Bahria Town’s Icon Tower to Be Auctioned by FBR due to tax Default

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The Federal Board of Revenue (FBR) has officially announced the auction of Bahria Icon Tower in Karachi, along with the Mall of Islamabad, to…

Govt Plans 18% Sales Tax on Ex-Tribal Area Goods

By Huma Ishfaq ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The federal government is preparing to introduce a significant fiscal change by imposing an 18% sales tax on goods produced in the former tribal…

Higher Tax Likely on Packaged Food (Milk, Chips) in Budget 2025-26

By Manik Aftab ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In an effort to boost fiscal revenue without burdening low-income groups, the federal government is set to impose Federal Excise Duty (FED) and additional sales…

Govt to Slap 18% Sales Tax on Imported Raw Materials in Double Tax Shock

By Manik Aftab ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

ISLAMABAD: The Federal Board of Revenue (FBR) has confirmed that the government will soon impose an 18% sales tax on imported raw materials for exports,…

Pak Budget 2025-26: New Taxes on YouTubers, Freelancers & Pensioners

By Huma Ishfaq ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 4 min read

As the clock ticks toward the June 2, 2025, budget announcement, Pakistan’s federal government appears poised to introduce a series of sweeping tax reforms in…

IMF Relief Measures for Pakistan Budget 2025 Still Under Review

By Manik Aftab ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

Amid ongoing negotiations, officials concerned have not yet approved IMF relief measures for Pakistan budget 2025, as discussions with the government continue over proposed tax…

FBR to Block SIMs of 450,000+ Non-Filers ( Shared data with Telecos)

By Manik Aftab ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In a major push to expand the tax base, the Federal Board of Revenue (FBR) has initiated a campaign involving SIM blocking for non-filers, sharing…

Senate Raises Concern Over Sales Tax Refund Delay for Key Export Sectors

By Manik Aftab ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The Senate Standing Committee on Finance and Revenue has raised serious concern over the persistent sales tax refund delay, particularly affecting the food export…

P@SHA Seeks Clarity for IT Sector in Next Budget

By Manik Aftab ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

The Pakistan Software Houses Association (P@SHA) is seeking clear tax regulations for the IT and IT-enabled Services (ITeS) sector in the Federal Budget 2025-26. As…

Junk Food Items to Get 5% FED in Upcoming Budget

By Manik Aftab ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The federal government is planning to introduce a five percent Federal Excise Duty on ultra-processed foods in the upcoming budget, aiming to collect Rs250…

New Property Tax System for All Provinces in FY2025-26

By Huma Ishfaq ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

All four provincial governments in Pakistan are preparing to roll out a new, IMF-supported property tax system as part of the fiscal year 2025-26 budget.…

Get Alerts