The Federal Board of Revenue (FBR) has introduced updated guidelines for determining sales tax liability for the fiscal year 2025–26.
(more…)Author: Shahnawaz Akhter
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FBR releases tax filing rules for online marketplace
Islamabad, August 27, 2025 – The Federal Board of Revenue (FBR) has released a draft withholding statement form specifically designed for the online marketplace sector, marking a step towards enhancing compliance and transparency in digital commerce.
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FPCCI urges government to restore SRO 760 without delay
Karachi, August 27, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has made an urgent appeal to the federal government for the immediate restoration of SRO 760, warning that prolonged suspension could severely damage Pakistan’s gold jewelry export sector.
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Meezan Bank surpasses Rs 3 trillion as digital drive pays off
Karachi, August 27, 2025 – Meezan Bank Limited has achieved a major milestone by surpassing Rs 3 trillion in total deposits by the end of June 2025.
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FBR issues withholding tax rates for export of services in FY26
Karachi, August 27, 2025 – The Federal Board of Revenue (FBR) has issued updated withholding tax rates for the export of services for the fiscal year 2025-26.
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Time and manner of payment under sales tax laws – FY 2025-26
The Federal Board of Revenue (FBR) has issued clear guidelines regarding the time and manner of payment of sales tax for the fiscal year 2025-26.
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Traders must understand scenario of sales tax rate change
The Federal Board of Revenue (FBR) has emphasized that traders and businesses must clearly understand how a change in the rate of sales tax affects their transactions under the updated Sales Tax Act, 1990 for tax year 2025-26.
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FBR lists goods eligible for zero-rate sales tax in FY 2025-26
The Federal Board of Revenue (FBR) has published an updated list of goods that will be subject to zero-rate sales tax during the fiscal year 2025-26. This update is part of the latest changes made to the Sales Tax Act, 1990, ensuring businesses clearly understand which items qualify for tax relief.
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SRB deploys officers for agricultural income tax collection in Sindh
Karachi, August 26, 2025 – The Sindh Revenue Board (SRB) has announced the deployment of officers across various districts to ensure efficient collection of agricultural income tax.
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Shakeel Shah takes charge as Member Customs Operations
Islamabad, August 26, 2025 – Syed Shakeel Shah, a BS-21 officer of the Pakistan Customs Service (PCS), has officially assumed the position of Member Customs Operations, according to a notification issued on Tuesday.
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