Taxation

ISLAMABAD: In a landmark move aimed at expanding Pakistan’s narrow tax base, the federal government has authorized the deployment of Federal Board of Revenue (FBR) offic

ISLAMABAD,: In a significant move aimed at strengthening tax enforcement and boosting revenue collection, President Asif Ali Zardari has promulgated the Tax Laws (Amendment) O

ISLAMABAD: Finance Minister Muhammad Aurangzeb has announced that Pakistan’s tax-to-GDP ratio is expected to reach 10.6% by the end of the current fiscal year. This achi

ISLAMABAD: Pakistan’s tax collection shortfall has ballooned to Rs833 billion in the first ten months of the current fiscal year (FY24), despite the imposition of record

ISLAMABAD:  Pakistan’s salaried class has paid a record-breaking Rs391 billion in income tax during the first nine months of the current fiscal year, highlighting w

ISLAMABAD: The Prime Minister's Committee on Rationalization of Tax Rates met today in Islamabad to discuss Pakistan's current taxation system and its impact on domestic indus

ISLAMABAD: Tax collection from property transactions has witnessed a significant rise despite a dip in the number of transactions during the current fiscal year. The Federal B

ISLAMABAD: A prominent tax advisory chamber, Friends of Pakistan, has raised serious concerns over the ongoing transformation initiatives at the Federal Board of Revenue (FBR)

KARACHI: Pakistan’s Information Technology (IT) sector has called on the government to revise tax policies to foster growth in exports and enhance the sector's competiti

KARACHI: Renowned fashion designer Nomi Ansari has been booked in a Rs1.25 billion sales tax fraud case, according to the Federal Board of Revenue (FBR). The Corporate Tax Off