Sales Tax
No More Exemptions: IMF Wants Retail, Agriculture and Professionals Taxed
The International Monetary Fund (IMF) has asked Pakistan to make up its tax revenue shortfall and has proposed emergency tax measures if collection targets continue…
FBR Sets Deadline for Textile Unit Surveillance Cameras
The Federal Board of Revenue (FBR) has ordered all registered textile spinning units to install video surveillance cameras by November 15, 2026, to monitor the…
FBR Can Now Seal Businesses Not Linked to Its Monitoring System
The Federal Board of Revenue (FBR) has empowered tax authorities to seal registered business premises that fail to connect to its monitoring system, with police…
FBR Launches System to Flag Sales Tax Errors Before Legal Action
The Federal Board of Revenue (FBR) has rolled out a new electronic system to scrutinise sales tax returns and automatically flag discrepancies to taxpayers before…
FBR Makes Major Move to Change How Imported Goods Are Valued
The Federal Board of Revenue (FBR) has been granted new powers to outsource valuation functions to third parties for determining the value of imported goods…
Government Slaps 25% Sales Tax on Hybrid Vehicles as Tax Relief Ends
The federal government has officially imposed a 25% sales tax on both imported and locally supplied hybrid vehicles. This major policy shift took effect exactly…
IMF Rejects Pakistan’s 1% EV Sales Tax Proposal Ahead of Auto Policy 2026-31
The International Monetary Fund (IMF) has officially opposed Pakistan’s proposal to levy a reduced 1% electric vehicle (EV) sales tax. Consequently, this rejection creates severe…
Pakistan May Impose Up to 25% Sales Tax on Imported EVs in FY27 Budget
Pakistan’s federal government plans to impose up to 25% sales tax on the import of electric vehicles in the upcoming Budget 2026-27, dealing a significant…
FBR Connects 11,141 Retailers to Point of Sale System
The Federal Board of Revenue (FBR) has connected 11,141 large retailers to its POS system, strengthening digital monitoring of sales tax across Pakistan. The move…
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…
