Sales Tax
These 15 Major Sectors Lead Surge in Pakistan’s Sales Tax Revenue for FY 2024-25
Nearly 57.3 percent of Pakistan’s sales tax collection on domestic supplies in 2024-25 came from 15 major sectors, including electrical energy, POL products, sugar, cement…
EV Manufacturers Warn of Setback as Sales Tax Rises to 18%
Pakistan’s electric bike manufacturers have expressed serious concern over the government’s decision to raise sales tax from 1% to 18%, warning that the move could…
FBR Sales Tax Deadline for June 2025 Returns Extended Further
Pakistan’s apex tax body has further extended the FBR sales tax deadline for June 2025 returns. Taxpayers now have more time to submit returns if…
PRA Designates Telecom, Banks & Insurers as Withholding Agents
The Punjab Revenue Authority (PRA) has designated telecommunication, banking, and insurance companies as withholding agents. These companies are now required to withhold 80% of the…
Punjab Imposes 16% Sales Tax on Commercial Property Rentals
LAHORE: Starting July 1, 2025, the Punjab government has implemented a 16% sales tax on commercial property rental, following the enactment of the Punjab Finance…
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…
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ISLAMABAD: The federal government has officially withdrawn sales tax and duty exemptions on imported cotton and yarn, aiming to strengthen domestic cotton farming and revive…
Govt Reverses Proposed Sales Tax Hike on Hybrid Cars
The federal government has decided not to go ahead with its earlier proposal to increase the sales tax on hybrid vehicles with engine capacities of…
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…
Telecom Sector Seeks Tax Relief in Budget 2025–26
ISLAMABAD: The telecom sector has submitted a set of proposals to the government ahead of the federal budget 2025–26, urging tax relief and regulatory reforms…
Higher Tax Likely on Packaged Food (Milk, Chips) in Budget 2025-26
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…