Income Tax
FBR’s Withholding Tax Collection Surges 32.7pc in FY2025-26
2 min read
The Federal Board of Revenue (FBR) has achieved a major revenue milestone, reporting a substantial 32.7 percent increase in withholding tax collection for the ongoing…
FBR Rules Out New Taxes Despite Rs275bn Revenue Shortfall
2 min read
The Federal Board of Revenue (FBR) has decided not to impose any new taxes despite facing a Rs275 billion shortfall in revenue during the first…
Salaried Class Now Pays 29% of Pakistan’s Income Tax
4 min read
Pakistan’s salaried class is now shouldering a significantly larger portion of the country’s tax revenue. According to documents obtained by TechJuice regarding salary analysis data,…
FBR May Extend Income Tax Return Deadline to Oct 31
2 min read
The Federal Board of Revenue (FBR) is reportedly set to extend the income tax return filing deadline by another 15 days, moving it to October…
FBR Resolves Major Income Tax Portal Bug for Salaried Class
2 min read
The Federal Board of Revenue (FBR) has resolved a significant technical issue in its income tax return filing system affecting the salaried class. The bug,…
Al-Ghazi Tractors Swings to Rs75m Loss in H1 2025
2 min read
Al-Ghazi Tractors Limited (PSX: AGTL) has reported a net loss of Rs75.15 million for the half year ending June 30, 2025, a sharp downturn from…
FBR Rolls Out Simplified Electronic Tax Return Form
2 min read
The Federal Board of Revenue (FBR) has officially notified the simplified electronic tax return form for the tax year 2025, introducing an easier and more…
FBR Faces Pressure to Fix Income Tax Return System Ahead of 2025 Filing Deadline
2 min read
Taxpayers and experts are urging Pakistan’s Federal Board of Revenue (FBR) to urgently address serious issues with the Iris e-filing portal, ahead of the upcoming…
FBR Releases “Simplified” 25-Page Electronic Tax Return Draft
2 min read
The Federal Board of Revenue (FBR) has released a new draft of its electronic income tax return form for both individuals and companies, and it’s…
Senate Blocks 18% Tax on Solar Panels in Budget Review
3 min read
The Senate of Pakistan has officially rejected the proposed 18% tax on solar panels, along with new taxes on homeopathic products, stationery, and increased tariffs…
PM clarifies income tax rate for low-income salaried class, New Lower rate confirmed
2 min read
ISLAMABAD: Prime Minister Shehbaz Sharif clarified on Wednesday that the income tax rate for salaried individuals earning between Rs600,000 and Rs1.2 million annually has been…
Government Proposes Income Tax Relief for Salaried Class
2 min read
To reduce the financial burden on the salaried class and foster economic stability, the government has proposed significant reductions in income tax rates across all…
10% Salary Increase for Govt Employees Unlikely in Budget ( Now Approved)
2 min read
ISLAMABAD: ( Updated) A 10% salary increase for government employees in the upcoming Budget for 2025–26 now seems unlikely. Government sources indicate that the raise…
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