Displaying the National Tax Number (NTN) certificate is not just a legal requirement in Pakistan, but a key step toward ensuring tax compliance, business credibility, and financial transparency. According to Rule 83 of the Income Tax Rules, 2002, updated on November 24, 2023, all persons deriving income from business are legally required to display their NTN certificate at their place of business.
(more…)Category: Taxation
Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
-
Sindh revenue explodes as ports and telecom deliver record collections: SRB FY25 report
Karachi, February 11, 2026 – Port and terminal operators emerged as the largest contributors to sales tax on services in Sindh during fiscal year 2024-25, according to the annual performance report released by the Sindh Revenue Board (SRB).
(more…) -
Sindh leads Pakistan in sales tax collection as provinces report strong growth in 1HFY26
Islamabad, February 10, 2026 – Sindh province maintained its position as the largest collector of Sales Tax on Services among Pakistan’s provinces during the first half (July to December) of fiscal year 2025-26, according to data released by the Federal Finance Ministry.
(more…) -
Power bills dim FBR revenues as electricity tax collection drops 21%
Islamabad, February 10, 2026 – The Federal Board of Revenue (FBR) on Tuesday reported a sharp 21 percent decline in income tax collection on electricity consumption during the first seven months (July to January) of the ongoing fiscal year 2025-26, reflecting subdued economic activity and lower electricity usage by commercial and industrial consumers.
(more…) -
Punjab tightens noose on chronic tax defaulters
Lahore, February 9, 2026 – The Punjab Revenue Authority (PRA) has launched a comprehensive drive to compile a detailed record of chronic tax defaulters, aiming to take aggressive enforcement action against individuals and entities persistently failing to meet their tax obligations, particularly in the services tax sector.
(more…) -
FBR rakes it in: January income tax up 28% thanks to super tax push
The Federal Board of Revenue (FBR) has reported a robust 28.58% year-on-year (YoY) increase in income tax collection for January 2026, largely driven by the recovery of super tax following a landmark ruling by the Federal Constitutional Court, according to provisional data.
(more…) -
FBR collects Rs10.22 billion as NEV Adoption Levy in 1HFY26
Islamabad, February 9, 2026 – The Federal Board of Revenue (FBR) has collected Rs10.22 billion as New Energy Vehicle (NEV) adoption levy during the first half (July–December) of the fiscal year 2025-26, according to official data released by the Ministry of Finance.
(more…) -
Carbon levy fills state coffers with over Rs25 billion in 1HFY26
Islamabad, February 9, 2026 – The federal government has collected over Rs25 billion as carbon levy during the first half (July–December) of the ongoing fiscal year 2025-26, reflecting the initial financial impact of the newly introduced environmental taxation measures, according to official statistics released by the Ministry of Finance.
(more…) -
FBR records dip in tax-to-GDP ratio despite higher revenue in 1HFY26
Islamabad, February 7, 2026 – The Federal Board of Revenue (FBR) has recorded a decline in Pakistan’s tax-to-GDP ratio to 4.75% during the first half (July–December) of fiscal year 2025-26, according to official data released by the Ministry of Finance.
(more…) -
How to Apply to FBR for Approval of a Gratuity Fund – Step-by-Step Guide
Employers in Pakistan who establish a gratuity fund for their employees must obtain formal approval from the Federal Board of Revenue (FBR) to ensure tax recognition and compliance. The procedure and documentation requirements are clearly outlined in Rule 115 of the Income Tax Rules, 2002 (amended up to November 24, 2023).
(more…)