FBR introduces 1% withholding tax on digital payments and 2% on Cash on Delivery transactions under the Finance Act, 2026
(more…)Category: Taxation
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 notifies tax rates on Sukuk investment returns for Tax Year 2027
Companies to pay 25% tax, while individuals and AOPs will face rates of 10% or 12.5% depending on investment returns
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Pakistan Customs revises import values for mobile phone accessories
New customs valuation ruling updates import values for around 70 mobile phone accessories to reflect prevailing international market prices.
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PM orders strict action against tax evaders, informal economy operators
Shehbaz Sharif directs FBR to enhance tracking systems, identify untaxed sectors, and take legal action against businesses involved in tax evasion.
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Honda keeps City price below Rs5 million to avoid 25% sales tax
Honda Atlas says strategic pricing helps buyers benefit from 18% sales tax while supporting demand for its best-selling sedan
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Tax rates on profit on debt notified for Tax Year 2027
Updated Income Tax Ordinance sets withholding tax rates on bank deposits, government securities and other debt income
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Dividend tax rates notified for Tax Year 2027
Updated Income Tax Ordinance sets revised withholding tax rates for dividends from IPPs, REITs, mutual funds and SPVs
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FBR notifies super tax rates for Tax Year 2027
Banking companies, fertiliser businesses and other high-income taxpayers remain subject to super tax under updated Income Tax Ordinance
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FBR notifies corporate tax rates for Tax Year 2027
Banking tax rate reduced to 42% as FBR confirms corporate income tax rates effective from July 1, 2026
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