Pakistan Revenue
Karachi, June 11, 2025 – In a dramatic shake-up of Pakistan’s digital economy, the federal government has unleashed a sweeping new tax regime on digital transactions through e-commerce platforms as part of the Finance Bill 2025. The latest move targets the booming world of online sales, aiming to bring long-ignored digital commerce into the tax […]
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Karachi, June 11, 2025 – In a significant fiscal development, the federal government has proposed an income tax on pension income exceeding Rs10 million annually as part of the Finance Bill, 2025.
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Karachi, June 11, 2025 – In a significant move to enhance enforcement and ensure timely collection of dues, the Finance Bill 2025 has proposed amendments to the Income Tax Ordinance, 2001, empowering tax authorities to initiate immediate recovery of outstanding tax liabilities.
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Karachi, June 11, 2025 – In a major policy shift to improve tax compliance and documentation of the economy, the Finance Bill 2025 has proposed strict restrictions on various financial transactions for ineligibles — individuals or entities that have failed to file annual income tax returns despite having taxable income.
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Karachi, June 11, 2025 – The Finance Bill 2025 has proposed a significant amendment to the Income Tax Ordinance, 2001, by introducing a minimum fair market value benchmark for rental income derived from commercial properties.
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ISLAMABAD, June 10, 2025 – The federal government has set an ambitious GDP growth target of 4.2% for the fiscal year 2025-26, as per official budget documents released Tuesday.
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Islamabad, June 10, 2025 – The federal government has officially revised downward the tax collection target for the Federal Board of Revenue (FBR) for the current fiscal year 2024-25, lowering it to Rs11.90 trillion from the earlier target of Rs12.97 trillion. This downward revision reflects the challenges faced in meeting revenue goals amid ongoing economic […]
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The federal budget for the fiscal year 2025-26 has been laid out in detail, offering a comprehensive glance at how the government plans to mobilize and spend its financial resources over the coming year.
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In a significant move aimed at providing financial relief to public sector employees and retirees, the federal government has proposed a 10% increase in the salary of government employees and a 7% hike in pensions in the Budget for the fiscal year 2025-26.
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Islamabad, June 10, 2025 – In a landmark move toward environmental sustainability and fiscal reform, the Government of Pakistan has officially introduced a carbon levy on petroleum products for the first time in its history.
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