Taxation
Why India Just Gave Foreign Cloud Firms a 20-Year Tax Break?
2 min read
India has announced a massive incentive for the tech sector. Foreign companies using local data centres to serve global clients will now enjoy a tax…
Why Is Your Petrol Bill Not Going Down? Levy Hiked by Rs. 4.65
2 min read
The federal government has decided to keep petrol prices unchanged for the next fortnight. However, consumers will see no relief despite a significant drop in…
FBR Forms New Committee for Granting and Cancelling Sales Tax Licences
2 min read
The Federal Board of Revenue (FBR) has reconstituted its committee responsible for evaluating applications for the grant and cancellation of licences for Sales Tax integration…
FBR Targets Pakistan’s Leading Actress in Multi-Year Income Tax Evasion Case
4 min read
Pakistan’s tax authority, FBR, has opened a high-profile case against a leading television and film actress, alleging large-scale income tax evasion spanning several years. The…
Pakistan Targets $9 Billion Savings with New Taxes on Imported EVs
2 min read
The federal government is set to impose new taxes on imported electric vehicles (EVs). This strategic move aims to reduce the transport sector’s import bill…
Tax Returns Hit Rs. 5.9 Million: No More Blanket Extension for Filers
2 min read
Pakistan has reached a major tax milestone as income tax return filings surged to 5.9 million by October 31, 2025. The figure marks a 17.6%…
Pakistan’s IT Exports Jump 24% in July 2025
2 min read
Pakistan’s information technology (IT) and IT-enabled services (ITeS) exports showed strong growth in July 2025. Exports rose by 24 percent year-on-year, reaching $354 million compared…
New Taxes Prompt Courier Companies to Raise Delivery Charges
3 min read
Major courier companies have notified their customers, including registered E-commerce companies and online traders, that the government will charge them the newly imposed taxes from…
FBR Offers 120-Day Tax-Free Mobile Registration for Overseas Pakistanis
2 min read
Overseas Pakistanis can avail the FBR tax-free mobile registration facility for 120 days per visit under the Federal Board of Revenue (FBR) policy. The Pakistan…
Senate Told High Taxes Pushing Firms to Dubai
2 min read
ISLAMABAD: The Senate Standing Committee on Finance and Revenue has voiced alarm over rising Pakistani business migration to Dubai, with members citing high taxation and…
Junk Food Items to Get 5% FED in Upcoming Budget
2 min read
ISLAMABAD: The federal government is planning to introduce a five percent Federal Excise Duty on ultra-processed foods in the upcoming budget, aiming to collect Rs250…
E-Auction for Personalized Number Plates Launched in Punjab
2 min read
LAHORE: The Punjab government has launched an innovative e-auction system, allowing residents to register their vehicles and place bids for their desired number plates via…
