The upcoming federal budget for 2025-26 is expected to include significant relief measures for salaried individuals, with a key focus on easing the tax burden.
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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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FBR strikes legal gold, recovers Rs36 billion fast
Islamabad, May 9, 2025 – The Federal Board of Revenue (FBR) has significantly strengthened its litigation management framework, marking notable progress in the resolution of long-pending revenue disputes.
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OICCI advocates broadening tax base to achieve 15% tax-to-GDP
ISLAMABAD, May 9, 2025 — The Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the government to prioritize broadening the tax base in the upcoming budget for FY2025-26, stating that this is essential to achieving a sustainable tax-to-GDP ratio of 15%.
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FY26 Budget: telecom sector seeks 15% withholding tax removal
ISLAMABAD, May 9, 2025 – As Pakistan prepares its federal budget for fiscal year 2025–26, the telecom industry has put forward a comprehensive set of proposals, calling for the abolition and rationalization of various tax measures that, it says, are stifling growth, innovation, and affordability in the sector.
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OICCI recommends gradual phasing out of minimum turnover tax
Karachi, May 9, 2025 – The Overseas Investors Chamber of Commerce and Industry (OICCI) has proposed a structured, three-year phase-out of the minimum turnover tax, citing its detrimental impact on businesses operating on slim profit margins.
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Foreign investors demand abolition of super tax in FY26 budget
Karachi, May 9, 2025 – A strong call has emerged from the foreign business community in Pakistan, urging the government to abolish the super tax in the upcoming federal budget for 2025–26.
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FBR imposes major penalty on female IRS officer (BS-18)
Islamabad, May 8, 2025 – The Federal Board of Revenue (FBR) has imposed a major penalty on Ms. Kiran Zahra, a BS-18 officer of the Inland Revenue Service (IRS), following disciplinary proceedings related to her prolonged unauthorized absence from duty.
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FBR seals famous jewelry shop in Karachi over POS violation
Karachi, May 7, 2025 – In a decisive move to tighten regulatory control over the gold trade, the Federal Board of Revenue (FBR) on Wednesday sealed a prominent jewelry shop located on Karachi’s Tariq Road for failing to comply with Point of Sale (POS) integration requirements.
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PTBA decries tax amendments as violation of taxpayers’ rights
The Pakistan Tax Bar Association (PTBA) has strongly opposed the recently promulgated Tax Amendments Ordinance 2025, calling it a direct infringement on the constitutional rights of taxpayers. In a formal letter addressed to President Asif Ali Zardari, the PTBA urged the immediate withdrawal of the ordinance, following a comprehensive review of its contentious provisions.
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FBR cracks down on gold trade to curb money laundering
KARACHI, May 6, 2025 — In response to the sharp surge in gold prices and the growing risks of financial crimes, the Federal Board of Revenue (FBR) has intensified its efforts to monitor money laundering activities in Pakistan’s gold trade sector.
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