Islamabad, September 11, 2025 – Pakistan’s tax laws provide a clear exemption for earnings derived from agriculture, a major sector of the national economy. Section 41 of the Income Tax Ordinance, 2001, explicitly states that agricultural income is exempt from federal taxation, underscoring the government’s recognition of agriculture as a protected source of livelihood.
(more…)Category: Taxation
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.
-
Unlocking other income sources in Pakistan’s tax framework
Islamabad, September 11, 2025 – The Federal Board of Revenue (FBR) has issued the latest version of the Income Tax Ordinance, 2001, reflecting amendments introduced through the Finance Act, 2025.
(more…) -
Six-year record retention must under sales tax laws
Islamabad, September 11, 2025 – The Federal Board of Revenue (FBR) has released the updated version of the Sales Tax Act, 1990, incorporating all amendments introduced through the Finance Act, 2025.
(more…) -
Govt collects sales tax as PDL on petroleum products: FBR
Islamabad, September 11, 2025 – The Federal Board of Revenue (FBR) has clarified reports suggesting that the government had granted a blanket sales tax exemption on petroleum products.
(more…) -
FBR finalizes framework for disposal of confiscated vehicles
Islamabad, September 11, 2025 – The Federal Board of Revenue (FBR) has finalized a new framework to address the handling and disposal of confiscated vehicles.
(more…) -
FBR showcases transformation plan to leading business forums
Islamabad, September 11, 2025 – The Federal Board of Revenue (FBR) recently convened an important session with the Overseas Investors Chamber of Commerce and Industry (OICCI) and the Pakistan Business Council (PBC).
(more…) -
PM Shehbaz orders FBR to track down tax evaders
Islamabad, September 9, 2025 – Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to intensify efforts in identifying tax evaders by fully utilizing its workforce and, where necessary, engaging private-sector expertise.
(more…) -
Tax concession for scientific research in Pakistan in 2025-26
Islamabad, September 9, 2025 – The Federal Board of Revenue (FBR) has reaffirmed that tax concessions will continue to be available for scientific research in Pakistan for the tax year 2025–26.
(more…) -
Pension income tops tax exemptions in FBR’s 2025 report
Islamabad, September 9, 2025 – The Federal Board of Revenue (FBR) has disclosed that pension income accounted for the single largest share of tax exemptions granted during the year, according to its latest report on tax expenditures for 2025.
(more…) -
FBR arms officers with cars, demands tough enforcement
Islamabad, September 8, 2025 – The Federal Board of Revenue (FBR) has unleashed a nationwide enforcement drive, signaling the start of an aggressive campaign to crush tax evasion and ramp up revenue collection.
(more…)