Karachi, May 23, 2025 – The National Clearing Company of Pakistan Limited (NCCPL) has officially announced that the capital gain tax (CGT) payment for the month of April 2025 will be due on Monday, June 2, 2025.
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Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
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FPCCI secures assurance for review of controversial tax laws
Karachi, May 23, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has secured a significant breakthrough, as top government officials have assured a review of the much-contested Tax Laws (Amendment) Ordinance 2025 following strong opposition from the business community.
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MTO Karachi trains KATI members on digital tax reforms
Karachi, May 23, 2025 — The Medium Taxpayers Office (MTO) Karachi held an important awareness session on Friday for members of the Korangi Association of Trade and Industry (KATI), shedding light on the newly introduced automated tax invoicing system powered by Pakistan Revenue Automation Limited (PRAL).
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FY26 budget: ACCA Pakistan unveils bold taxation blueprint
Karachi, May 23, 2025 – In a move that could dramatically reshape Pakistan’s economic trajectory, the Association of Chartered Certified Accountants (ACCA) Pakistan has launched a groundbreaking Budget Proposal for fiscal year 2025–26.
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Foreign investors urge tax relief for beverage industry in budget
Karachi, May 23, 2025 – Foreign investors operating in Pakistan have called on the government to provide tax relief for the beverage industry in the upcoming federal budget for fiscal year 2025-26.
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FBR deploys 520 third-party auditors to enhance tax scrutiny
Karachi, May 23, 2025 – In a significant move to improve tax compliance and strengthen audit operations, the Federal Board of Revenue (FBR) has announced the deployment of approximately 520 third-party auditors across its various regional field formations.
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FBR rakes in Rs30 billion from Karachi electricity consumers
Karachi, May 23, 2025 – In a massive revenue windfall, the Federal Board of Revenue (FBR) has collected a staggering Rs30 billion in withholding tax from electricity consumers in Karachi during the first ten months (July–April) of the current fiscal year 2024–25.
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Customs to auction rusted, seized vehicles on May 29 at Gadani
Karachi, May 23, 2025 – The Collectorate of Customs (Enforcement), Gadani, has announced a significant auction of confiscated vehicles scheduled for May 29, 2025.
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Pakistan Budget 2025-26 targets chocolates, cookies with taxes
Islamabad, May 23, 2025 – A bitter twist awaits the sweet-toothed across Pakistan as the government prepares to slap a higher Federal Excise Duty (FED) on beloved treats like chocolates and cookies in the upcoming Budget 2025-26.
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Budget 2025-26: FBR rejects final tax regime revival for exporters
Islamabad, May 23, 2025 – In a stunning blow to the country’s vital export sector, the Federal Board of Revenue (FBR) has flatly denied any plans to reinstate the Final Tax Regime (FTR) for exporters in the upcoming Budget 2025-26.
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