KARACHI, June 20, 2025 – In a significant step toward modernization and standardization of tax regulations, the Sindh government has unveiled comprehensive changes to the nomenclature for sales tax on services under the Sindh Finance Bill, 2025.
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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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Banks should be treated as normal companies for taxation: FBR
Islamabad, June 20, 2025 – The Federal Board of Revenue (FBR) has taken a firm stance on overhauling the taxation framework for banks, recommending that the banking sector be treated like any other company for taxation purposes.
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FBR reports 545% property transactions tax surge in half decade
KARACHI, June 20, 2025 – In a jaw-dropping revenue leap, the Federal Board of Revenue (FBR) has recorded an astonishing 545% increase in income tax collection from transactions involving immovable properties over the past five years — a figure that signals a dramatic shift in the taxation landscape.
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Salaried class blasts Budget 2025-26: ‘Relief is a cruel joke’
KARACHI, June 19, 2025 – A firestorm of criticism erupted from Pakistan’s salaried class on Thursday after the federal government unveiled what many are calling a “mockery of relief” in the Budget 2025-26.
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Pakistan Customs announces auction of 100 vehicles in Quetta
ISLAMABAD, June 19, 2025: Pakistan Customs has officially announced a major public auction of 100 vehicles, scheduled to take place on June 23, 2025 at the Baleli State Warehouse on Airport Road, Quetta.
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Salary tax collection skyrockets 200% in five years: FBR
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.
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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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