Tax Reporter

ISLAMABAD: The government has announced a 40% tariff on commercial imports of used cars and a complete ban on the import of accidental vehicles, aiming to protect the local au

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced amendments to income tax regulations for the fiscal year 2025-26, aiming to expand the tax base and curb non-compl

ISLAMABAD: The Federal Board of Revenue (FBR) has released detailed guidelines regarding tax exemptions on the sale of immovable property, as part of the changes introduced th

ISLAMABAD: The Federal Board of Revenue (FBR) has confirmed it will recover the outstanding Federal Excise Duty (FED) dues from Pakistan International Airlines (PIA) after the

ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday approved the development of a comprehensive, world-class digital ecosystem for the Federal Board of Revenue (FBR) to stren

ISLAMABAD: The federal government has reportedly imposed an 18% sales tax on the import of cotton fiber, yarn, and greige cloth, nearly a month after the announcement was

ISLAMABAD: The Prime Minister’s Office announced on Wednesday that the retail sector paid an additional Rs455 billion in income tax during the fiscal year 2024–25.

KARACHI: Prime Minister Shehbaz Sharif on Wednesday commended the Federal Board of Revenue (FBR) for its successful reform initiatives, as the number of income tax return file

ISLAMABAD: The Federal Board of Revenue (FBR) has officially announced the implementation of a New Energy Vehicle (NEV) adoption levy, targeting internal combustion engine (IC

ISLAMABAD : The federal cabinet on Wednesday approved a five-year extension of the exemption on the import of life-saving medicines, including anti-cancer and cardiac drugs, t