Taxation

ISLAMABAD:  The Competition Commission of Pakistan (CCP) has called on the Federal Board of Revenue (FBR) to address tax anomalies in the insurance industry. According to

The Pakistan Tax Bar Association (PTBA) has raised concerns over the inefficiency and bureaucratic hurdles at the Federal Board of Revenue (FBR), which are hindering business

ISLAMABAD: Tax relief for Pakistan’s salaried class in the upcoming fiscal year 2025-26 budget is expected to be conditional on approval from the International Monetary

ISLAMABAD: In a major policy reversal, the federal government has announced the immediate abolition of the 3% Federal Excise Duty (FED) imposed on the first sale of all proper

Islamabad: The federal government is actively considering a reduction in the corporate tax rate and other tax relief measures in the upcoming budget for the fiscal year 2025-2

ISLAMABAD: In an effort to streamline the rollout and provide support, the FBR has appointed Pakistan Revenue Automation Limited (PRAL) as the official and licensed integrator

Islamabad: The Federal Board of Revenue (FBR) has announced an extension in the deadline for submitting Sales Tax and Federal Excise Returns for the tax period of February 202

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a notification, S.R.O. 577(I)/2025, revising the minimum ex-mill value of white crystalline sugar, effective from Apri

ISLAMABAD: The International Monetary Fund (IMF) has called for a crackdown on tax evasion in Pakistan’s real estate sector as discussions for the release of a $1 billio

ISLAMABAD: The federal government is facing a massive tax shortfall of Rs606 billion, with the Federal Board of Revenue (FBR) falling short of its target for the July-February