Taxation

ISLAMABAD: The Federal Board of Revenue (FBR) Chairman, Rashid Mahmood Langrial, revealed that tax evasion in Pakistan’s tobacco and poultry sectors has reached nearly R

ISLAMABAD: The Federal Tax Ombudsman (FTO) has rejected the Federal Board of Revenue’s (FBR) recent policy requiring taxpayers to change their passwords every 60 days, c

The recent introduction of the Tax Laws (Amendment) Ordinance, 2025, on May 2, 2025, has significantly altered the landscape of Pakistan’s tax system. The new law grants

ISLAMABAD: The Federal Board of Revenue (FBR) is working on two significant budget proposals for the fiscal year 2025-26 — introducing a nominal tax on high-value pensio

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has voiced strong opposition to the recently promulgated Tax Laws (Amendment) Ordinance, 2025, citing concerns ove

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