Income Tax
Pensioner Challenges FBR Inactive Status Over Alleged IRIS Tax Error
A senior citizen taxpayer who earns income from a Behbood/pensioner certificate has asked the Federal Tax Ombudsman (FTO) to act against the Federal Board of…
Pakistan Govt Slashes Advance Income Tax on Imported Mobile Phones by 89%
The government has drastically reduced the advance income tax on a specific category of imported mobile phones. This massive cut specifically applies to devices priced…
FBR to Penalise Taxpayers for False Information in Tax Returns
The Federal Board of Revenue (FBR) has decided to impose penalties on taxpayers who provide incorrect information, conceal assets or tamper with records in their…
Pakistan Budget 2026-27: Check Your New Salary After Tax Under Revised Slabs
The federal government recently proposed revised income tax slabs for salaried individuals in the Finance Bill 2026-27. Consequently, the new structure lowers the tax burden…
FBR’s Withholding Tax Collection Surges 32.7pc in FY2025-26
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
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
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
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
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
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
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
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
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…
