Karachi, June 19, 2025 – In a jaw-dropping revelation, the Federal Board of Revenue (FBR) has announced a stunning 200% surge in salary tax collection over the past five years, marking a historic rise in Pakistan’s direct tax landscape.
(more…)Category: Taxation
Pakistan Revenue delivers the latest taxation news, covering income tax, sales tax, and customs duty. Stay updated with insights on tax policies, regulations, and financial developments in Pakistan.
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Senate panel debates eligibility rules for financial transactions
Islamabad, June 19, 2025 – The Senate Standing Committee on Finance has initiated a critical discussion over the controversial Finance Bill 2025-26, particularly the newly proposed restrictions on financial transactions by so-called “eligible persons.”
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FBR limits transit cargo examination to 5%, issues new SRO
Islamabad, June 18, 2025 – The Federal Board of Revenue (FBR) has issued draft amendments to the Customs Rules, 2001, proposing significant reductions in the scanning and examination of transit trade consignments to facilitate smoother cargo movement and improve trade efficiency.
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Government revises solar panel tax to 10% after consultations
Islamabad, June 18, 2025 – In a significant move aimed at balancing fiscal needs with clean energy goals, the government has revised the proposed General Sales Tax (GST) on solar panels from 18% to 10%.
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Sindh expands sales tax net to new services in FY26
Karachi, June 18, 2025 – The Sindh government has widened the scope of sales tax by bringing several new services under the tax net for the fiscal year 2025-26.
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FBR mulls 10% sales tax on solar panels for 2025-26
Islamabad, June 18, 2025 – The Federal Board of Revenue (FBR) is now considering the imposition of a 10% sales tax on imported solar panels in the upcoming fiscal year 2025-26.
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KTBA slams IMF grip on Pakistan in post budget 2025-26 analysis
Karachi, June 17, 2025 – In a hard-hitting critique of prolonged economic dependency of Pakistan, President of the Karachi Tax Bar Association (KTBA), Ali A. Rahim, issued a powerful warning regarding the country’s dangerous over-reliance on the International Monetary Fund (IMF).
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Sindh enhances sales tax on freight services for FY26
Karachi, June 17, 2025 — The Sindh government has proposed several revisions to service descriptions and rates of Sindh Sales Tax (SST) as part of the Finance Bill 2025, including a significant increase in tax on freight services.
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Salient Features of Sindh Finance Bill 2025
Karachi, June 17, 2025 – The Sindh government has officially presented the Sindh Finance Bill 2025, proposing a wide array of structural amendments to the Sindh Sales Tax on Services Act, 2011.
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FBR deploys 60 third-party auditors to Pakistan Customs
Karachi, June 17, 2025 – The Federal Board of Revenue (FBR) has taken a significant step toward enhancing transparency and efficiency in trade-related audits by deploying 60 third-party auditors across Pakistan Customs.
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