Tax
Transporters Call Nationwide Wheel-Jam Strike Over Tax Hike
2 min read
The Pakistan Transport Council has declared a nationwide wheel-jam strike on July 19, 2025, vowing to suspend all transport operations in protest against a new…
Govt Cuts Solar Panel Tax to 10% Amid IMF Deal
2 min read
The federal government has agreed to cut the proposed sales tax on imported solar panels from 18% to 10%, following strong resistance from coalition partners…
Punjab Set to Present FY 2025-26 Budget Today
2 min read
LAHORE: The Punjab government is all set to unveil its budget for the financial year 2025-26 today, marking a key milestone in Chief Minister Maryam…
Sindh unveils Rs3.45 Trillion Tax-Relief Budget to Stimulate Growth
3 min read
KARACHI: The Sindh government has announced a pro-growth provincial budget for FY 2025–26, totaling Rs3.45 trillion, with a focus on tax relief, development spending, and…
Pakistan Finance Bill 2025: New Strict Tax Rules for E-commerce & Digital Creators
3 min read
The federal government has unveiled wide-ranging tax compliance reforms in Finance Bill 2025, proposing tougher penalties and stricter enforcement to boost documentation and curb tax…
Small Car Prices in Pakistan Set to Increase After Budget
2 min read
ISLAMABAD: Small car prices in Pakistan for locally manufactured or assembled vehicles up to 850cc engine capacity are expected to rise following the announcement of…
Govt Plans Standard Sales Tax for Small Cars in 2025-26 Budget
2 min read
The government is mulling a plan to impose the standard 18% sales tax on locally manufactured and assembled cars with engine capacities up to 850cc.…
Pakistani Govt Plans to Increase Capital Gains Tax on Property
2 min read
The Pakistani government is considering a significant increase in the Capital Gains Tax (CGT) on real estate transactions, raising the rate from 15% to 35%…
FBR Proposes to Reduce Taxes on Real Estate, Beverages and Tobacco Amid Financial Challenges
3 min read
ISLAMABAD: To enhance sales volumes and revenue collection, the Federal Board of Revenue (FBR) has suggested lowering the Federal Excise Duty (FED) on beverages and…
PM Shehbaz Postpones New Real Estate Tax Reforms
2 min read
Prime Minister Shehbaz Sharif has postponed a decision on the proposed tax incentive package for the real estate sector, citing the need to address key…
FBR Sets New Policy for Non-Filers Buying Bikes, Rickshaws, and Small Cars
2 min read
ISLAMABAD: The National Assembly’s Standing Committee on Finance and Revenue approved a proposal on Tuesday permitting non-filers to purchase motorbikes, rickshaws, tractors, and cars up…
FBR Turns a Blind Eye as Wateen Telecom Ltd Issues Reduced Tax Certificates
3 min read
ISLAMABAD: The Federal Tax Ombudsman (FTO) has uncovered a new form of suspicious activity involving Wateen Telecom Ltd, which has been issuing fewer tax deduction…
FBR Chairman Discloses That Only 12 Pakistanis Declare Wealth Above Rs10 Billion
3 min read
Rashid Langrial, Chairman of the Federal Board of Revenue (FBR), disclosed an eye-opening fact during a National Assembly subcommittee meeting only twelve Pakistanis reported assets…
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