Karachi – In a significant move to address long-standing tax concerns within Pakistan’s construction sector, the Medium Taxpayers Office (MTO) Karachi and the Association of Builders and Developers of Pakistan (ABAD) held a comprehensive dialogue on Tuesday.
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Pakistan Revenue delivers the latest taxation news, covering income tax, sales tax, and customs duty. Stay updated with insights on tax policies, regulations, and financial developments in Pakistan.
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Oil refineries applaud resolution of sales tax dispute
ISLAMABAD – The chief executive officers (CEOs) of Pakistan’s leading oil refineries expressed their appreciation to the federal government for resolving the long-standing sales tax issue that had been hampering growth and stability in the refining and oil marketing sectors.
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PM Shehbaz orders swift implementation of FBR reforms
Islamabad, May 20, 2025 – Prime Minister Muhammad Shehbaz Sharif on Tuesday directed the Federal Board of Revenue (FBR) to expedite and fully implement ongoing tax reforms with a particular emphasis on digitization, automation, and transparency in the national tax system.
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FBR issues SOP to boost tax assessment order quality
Islamabad, May 20, 2025 – The Federal Board of Revenue (FBR) has issued a comprehensive Standard Operating Procedure (SOP) aimed at strengthening the quality and accuracy of tax assessment orders across the country.
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P@SHA urges tax exemption on debit card transactions in budget
Karachi, May 20, 2025 — The Pakistan Software Houses Association (P@SHA) has strongly recommended that the government exempt debit card transactions from withholding tax in the upcoming 2025-26 federal budget.
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FPCCI explodes over tax ordinance, demands power reversal
Karachi, May 20, 2025 — The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has come out forcefully against the Tax Laws (Amendment) Ordinance, 2025, condemning the federal government’s decision to grant sweeping powers to tax officials to freeze bank accounts and withdraw funds without due process.
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FBR concludes super tax case arguments in Supreme Court
Islamabad – The Supreme Court of Pakistan on Monday adjourned proceedings in the high-profile super tax case until May 22, after the Federal Board of Revenue (FBR) concluded its arguments.
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World Bank-funded experts reviewing FY26 budget proposals
Pakistan is receiving support from top tax experts, financed by the World Bank, to review and evaluate proposals for the upcoming fiscal year 2025-26 budget.
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OICCI wants lower taxes on Pakistani-made vehicles in budget
Karachi, May 19, 2025 – The Overseas Investors Chamber of Commerce and Industry (OICCI) has recommended the government take urgent steps to rationalize the Federal Excise Duty (FED) and sales tax imposed on locally manufactured vehicles in the upcoming 2025-26 federal budget.
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LTO Karachi signals possible salary tax relief in budget 2025–26
Karachi, May 19, 2025 – The Large Taxpayers Office (LTO) Karachi has indicated that the salaried class may receive some much-needed relief in the forthcoming federal budget 2025–26.
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