These 15 Major Sectors Lead Surge in Pakistan’s Sales Tax Revenue for FY 2024-25

By Manik Aftab ⏐ 4 weeks ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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%

By Sabica Tahira ⏐ 1 month ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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

By Manik Aftab ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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

By Manik Aftab ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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

By Manik Aftab ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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

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

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

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

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

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

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

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…

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