Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
EY Ford Rhodes partner calls for corporate tax reforms to improve investment climate
Haider Ali Patel on Thursday urged the government to introduce a sunset clause in Section 4C of the Income Tax Ordinance, 2001, to define a clear end date for the levy of super tax in Pakistan.
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Committee stresses balanced fiscal policies to broaden tax base and support investment growth
A committee constituted by Shehbaz Sharif has recommended growth-oriented tax measures for the upcoming federal budget 2026-27, as the government seeks to strengthen revenue collection while supporting economic expansion.
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Government plans technology-driven tax reforms to curb evasion and improve transparency
Islamabad: The Federal Board of Revenue (FBR) is planning to introduce an AI-based tax system through the upcoming Finance Bill 2026 to identify false information in tax returns and strengthen enforcement against tax evasion.
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Pakistan’s tax collection rises to Rs9.31 trillion but tax-to-GDP ratio declines
ISLAMABAD – The tax-to-GDP ratio based on revenue collection by the Federal Board of Revenue (FBR) declined during the first nine months of fiscal year 2025-26 despite a 10% increase in overall tax collection.
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FBR revises customs values for solar panels
Federal Board of Revenue on Tuesday issued fresh import values for solar panels for the assessment of customs duty and taxes on imported consignments.
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Finance minister meets ICAP delegation
Muhammad Aurangzeb has assured chartered accountants that the government will introduce facilitative tax measures in the upcoming Budget 2026-27.
(more…)Federal Board of Revenue on Monday introduced new conditions for foreign non-government organizations seeking e-enrolment in Pakistan’s national tax system.
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Federal Board of Revenue has reported a 37 percent increase in revenue paid along with income tax returns for the tax year 2025, reflecting improved tax compliance and higher voluntary payments.
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Overseas Investors Chamber of Commerce and Industry has proposed increasing the taxable salary income threshold to Rs1.2 million annually in the federal budget 2026-27, compared to the existing limit of Rs600,000.
(more…)Federal Board of Revenue has warned taxpayers of strict legal action for failing to declare property details in income tax returns for tax year 2026.
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