Karachi, July 7, 2025 – In a fiery appeal to the government, the Union of Small and Medium Enterprises (Unisame) has blasted the imposition of cash withdrawal tax, branding it an unfair and irrational burden on honest entrepreneurs and everyday citizens alike.
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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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Islamabad lowers tax on software, IT services in FY26
Islamabad, July 7, 2025 – Big news for tech professionals and businesses! If you’re offering IT services in Islamabad, the tax landscape just became a lot more favorable — and it’s time to take notice.
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Transactions Ban Triggers ATL Record at 7.27 Million
Are you on Pakistan’s Active Taxpayers List (ATL)? If not, brace yourself — the system just got a lot tighter, and the consequences of staying out are steeper than ever!
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Tax-Free Total Income Costs FBR Rs443 Billion in FY25
Karachi, July 6, 2025 — Did you know the government’s decision to allow tax-free total income to certain groups cost the national exchequer a whopping Rs443 billion during fiscal year 2024–25? This eye-opening figure was revealed in a detailed report by the Federal Board of Revenue (FBR), highlighting the growing impact of tax exemptions on the country’s revenue base.
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Banks start 0.8% tax on cash withdrawal: FBR
Karachi, July 6, 2025 – If you’re planning to withdraw large amounts of cash from your bank account and you’re not on the Active Taxpayers List (ATL), there’s something you need to know. From July 1, 2025, banks across Pakistan have begun deducting 0.8% advance income tax on cash withdrawal, according to officials at the Federal Board of Revenue (FBR).
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FBR sets property development tax rates in Islamabad
Islamabad, July 6, 2025 – The Federal Board of Revenue (FBR) has officially notified the imposition of sales tax on property development services within the Islamabad Capital Territory (ICT) for the fiscal year 2025–26.
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Sindh adopts UN classification for services tax framework
Karachi, July 5, 2025 – In a major step toward aligning its tax practices with international standards, the Sindh Revenue Board (SRB) has officially adopted the Central Product Classification (CPC) Version 2.1 developed by the United Nations (UN) for the classification of services under the Sindh Sales Tax on Services Act, 2011.
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Islamabad cuts sales tax on freight services for 2025-26
Islamabad, July 5, 2025 – In a bold and business-boosting decision, Islamabad has rolled out a major concession for the logistics industry, slashing the sales tax rate on freight forwarding services as part of its fiscal reforms for 2025–26.
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Islamabad beauty parlors get glamorous tax relief
Islamabad, July 5, 2025 – In a dazzling move set to bring smiles across the beauty industry, the Federal Board of Revenue (FBR) has slashed the sales tax rate for beauty parlors operating in the heart of Pakistan—Islamabad.
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Tax login trouble: KCCI flags QR code flaws
Karachi, July 4, 2025 — The Karachi Chamber of Commerce and Industry (KCCI) has raised serious concerns over the new QR code authentication system introduced by the Federal Board of Revenue (FBR) for accessing the IRIS portal.
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