Pakistan Revenue
Karachi, June 12, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has voiced serious concerns over the extensive powers granted to tax officials under the Finance Bill 2025.
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Karachi, June 12, 2025 – The Pakistan Stock Exchange (PSX) closed in the red on Thursday, shedding 260 points as investors opted for profit-taking after the market hit record highs a day earlier.
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Islamabad, June 12, 2025 – Brace yourselves, Pakistan! A storm is brewing at the fuel pump as the government has now armed itself with unrestricted power to impose unlimited petroleum levy on fuel products.
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Islamabad, June 12, 2025 – In a dramatic turn of events, courier services in Pakistan are now poised to become full-fledged tax collectors, thanks to sweeping changes proposed in the Finance Bill, 2025.
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Pakistan’s financial world has been set ablaze with a storm of debate and confusion: Are you eligible to make financial transactions in Pakistan anymore? This burning question has swept across drawing rooms, boardrooms, and the bustling streets of the country ever since the government unveiled its controversial Budget 2025-26.
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Islamabad, June 12, 2025 – The Finance Bill 2025 has proposed sweeping powers for the Commissioner Inland Revenue of the Federal Board of Revenue (FBR) to clamp down on individuals and businesses who fail to register under the Sales Tax Act, 1990.
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Karachi, June 12, 2025 – In a significant move to tighten control over pricing and enhance tax collection, the Federal Board of Revenue (FBR) has been granted the authority to determine the retail price of goods listed under the Third Schedule of the Sales Tax Act, 1990.
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Karachi, June 11, 2025 – The Finance Bill 2025 has introduced a major increase in income tax for individuals who are not on the Active Taxpayers List (ATL), targeting the profit they earn from bank deposits.
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The Finance Bill 2025 has introduced a series of significant proposals to amend the Sales Tax Act, 1990, aimed at expanding the tax base, enhancing compliance, and curbing tax evasion.
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The Finance Bill 2025 proposes wide-ranging amendments to the Income Tax Ordinance, 2001, aimed at restructuring the tax regime for tax year 2026, starting from July 1, 2025.
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