Islamabad, April 19, 2025 – The Federal Tax Ombudsman (FTO) has taken a significant step toward ensuring transparency and fairness in Pakistan’s taxation system by releasing the first-ever Manual of Taxpayers Rights.
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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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Check Your Duty Allowance on Remittances to Pakistan
Karachi, April 19, 2025 – In a move to encourage foreign inflows, the government of Pakistan has introduced substantial relief on remittances in the form of duty allowance for overseas Pakistanis who send money back home through official banking channels. The initiative aims to reward remitters by offering duty credit allowances tied to the amount remitted.
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ICMAP Recommends 10% Tax on High-Income Pensioners
Karachi, April 19, 2025 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has put forward a significant tax reform proposal, calling for the imposition of a 10% tax on high-income pensioners as part of its budget recommendations for the fiscal year 2025-26.
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Unlock Your Baggage Rights When Entering Pakistan
Karachi, April 19, 2025 – The Federal Tax Ombudsman (FTO) has issued a detailed information regarding the rights of passengers traveling to and from Pakistan, particularly concerning duty-free allowances available under the Baggage Rules, 2006.
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FBR Extends February, March Sales Tax Return Filing Deadline
Islamabad, April 18, 2025 – In a move to ease the pressure on taxpayers, the Federal Board of Revenue (FBR) has announced an extension of the deadline for filing monthly sales tax and federal excise returns for the periods of February and March 2025.
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PM Shehbaz Launches Performance System for FBR Officers
Islamabad, April 18, 2025 – Prime Minister Shehbaz Sharif on Friday inaugurated the Federal Board of Revenue (FBR)’s newly developed Performance Management System and urged tax officers to contribute with passion and dedication toward building a debt-free Pakistan.
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Mobile Phones Drain Rs33 Billion Through Tax Waivers
Karachi, April 18, 2025 – The Federal Board of Revenue (FBR) has revealed that locally manufactured mobile phones benefited from a massive sales tax exemption totaling Rs33 billion in 2024, according to its latest tax expenditure report.
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FBR Cancels Saturdays Off, Intensifies Tax Collection
Islamabad, April 18, 2025: The Federal Board of Revenue (FBR) has officially announced that all its field formations will now observe Saturdays as regular working days until June 30, 2025.
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KCCI Urges Waiver of Factory Visit for Tax Exemption Certificates
Karachi, April 18, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has strongly recommended that the Federal Board of Revenue (FBR) waive mandatory factory visits for the issuance of income tax exemption certificates, citing disruptions to business operations and inefficiencies caused by the current procedures.
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FBR Urged to Shift Exporters into Regular Income Tax Regime
Karachi, April 18, 2025 – The Federal Board of Revenue (FBR) has been strongly advised to incorporate exporters into the regular income tax regime, in a move aimed at strengthening tax collection, broadening the tax base, and promoting equity in the national tax system.
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