Karachi, April 30, 2025 – The State Bank of Pakistan (SBP) has revealed that increased taxation on property transactions has significantly impacted housing finance, dampening the demand for home-building loans despite a reduction in borrowing costs.
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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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FBR sets cement sales tax value based on SPI data
Islamabad, April 29, 2025 – In a major policy development, the Federal Board of Revenue (FBR) has officially announced a new method for determining the value of cement for the purpose of sales tax calculation, aligning it with the Sensitive Price Indicator (SPI) data issued by the Pakistan Bureau of Statistics (PBS).
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FBR engages industry experts, third-party auditors to train officers
Islamabad, April 29, 2025 – In a significant move under its transformation initiative, the Federal Board of Revenue (FBR) has rolled out a comprehensive plan to enhance the capacity of its audit workforce. As part of this strategy, the FBR has officially released job descriptions for third-party auditors and industry experts who will serve as mentors and trainers for FBR officers.
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OICCI recommends phased super tax exit for growth
The Overseas Investors Chamber of Commerce and Industry (OICCI) has once again emphasized the need for a more stable and growth-oriented tax framework to attract foreign and local investment. As part of its budget recommendations, the OICCI has strongly urged the government to initiate a phased elimination of the super tax, proposing its complete removal over a span of three years.
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PSX calls for rationalization of CGT rates to remove tax distortions
KARACHI, April 29, 2025 — The Pakistan Stock Exchange (PSX) has recommended the removal of the flat 12.5% Capital Gains Tax (CGT) rate on the disposal of listed securities acquired between July 1, 2013 and June 30, 2022.
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Non-filers likely to face transaction restrictions in upcoming budget
Islamabad, April 29, 2025 – The federal government is expected to introduce stringent measures targeting non-filers in the upcoming budget 2025–26, with new legislation likely to restrict their ability to carry out economic transactions.
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FBR chairman rallies tax officials to boost revenue collection
ISLAMABAD, April 29, 2025 — Rashid Mahmood Langrial, Chairman of the Federal Board of Revenue (FBR), has urged tax officials across the country to utilize their full potential to bring transparency to their operations and significantly boost revenue collection.
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SBP advocates reducing tax burden on salaried individuals
KARACHI, April 29, 2025 — The State Bank of Pakistan (SBP) has strongly recommended that the government prioritize policies aimed at broadening the tax base and reducing the tax burden on salaried individuals and other documented sectors of the economy.
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Refining tax policy essential to reducing cash circulation: SBP
Karachi, April 28, 2025 — The State Bank of Pakistan (SBP) has emphasized the urgent need to refine tax policy to avoid unintended consequences that fuel higher cash circulation (CiC) in the economy.
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PSX urges government to reconsider tax on bonus shares
Karachi, April 28, 2025 – Pakistan Stock Exchange (PSX) has formally urged the government to review the current tax treatment of bonus shares in the forthcoming federal budget for 2025-26.
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