Taxation

ISLAMABAD:The Federal Board of Revenue (FBR) has officially announced that the Income Tax Return Filing Portal for Tax Year 2025 will open on July 15, 2025. From this date, al

ISLAMABAD: Despite bearing a record tax burden, Pakistan’s salaried class paid a staggering Rs555 billion in income tax during the fiscal year 2024-25, yet the Federal B

ISLAMABAD: The Federal Board of Revenue (FBR) has announced a tax-free mobile registration facility for overseas Pakistanis during their visits to the country, valid for 120 d

ISLAMABAD: Despite imposing record taxes and pushing households to the brink, the federal government missed its annual tax revenue target by a staggering Rs1.2 trillion,

KARACHI: The Karachi Tax Bar Association (KTBA) has formally requested the Federal Board of Revenue (FBR) to extend the deadline for implementing sales tax e-invoicing and int

ISLAMABAD: The federal government has agreed to exempt income tax on annual salaries of up to Rs1.2 million, following demands from the Pakistan Peoples Party (PPP), pavi

ISLAMABAD: The amended Finance Bill 2025-26 introduces key changes across tax and customs laws, including relief for long-term homeowners and revised duties on imported goods,

ISLAMABAD: Finance Minister Muhammad Aurangzeb announced on Monday that the government is withdrawing sales tax and duty exemptions on imported cotton and yarn in a move to su

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Monday unveiled a series of tax adjustments aimed at offsetting the revenue impact of tax relief extended to the sal

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced sweeping changes to the Sales Tax Act aimed at strengthening anti-fraud measures and enhancing transparency in enf