FBR abolishes advance tax on Foreign TV Plays and Advertisements
Removal of Section 236CA signals a major policy shift, raising concerns over the future competitiveness of Pakistan’s domestic media and entertainment industry
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FBR, Pakistan’s national tax collecting agency, plays a crucial role in the country’s economy. Pakistan Revenue is committed to providing readers with the latest updates and developments regarding FBR activities.
Removal of Section 236CA signals a major policy shift, raising concerns over the future competitiveness of Pakistan’s domestic media and entertainment industry
Continue ReadingFBR seeks tougher penalties for concealment of income, false statements and non-compliance to strengthen tax enforcement.
Continue ReadingFaceless audit system to target mismatches in income and expenditure as tax authorities move against concealed high-value property deals.
Continue ReadingNew valuation ruling introduces updated customs assessment formula for carbon steel seamless pipes after industry consultations.
Continue ReadingReduced withholding tax rates on property transactions aim to encourage documentation and expose undeclared wealth in real estate
Continue ReadingNo More Hiding: Finance Bill 2026 introduces Section 165AB, overriding decades of banking secrecy laws to feed high-value financial data directly into an AI-driven “Central Data Hub.”
Continue ReadingThe Free Ride Is Over: Finance Bill 2026 unleashes a relentless withholding tax regime targeting the untold millions of undeclared social media earnings.
Continue ReadingFinance Bill 2026 introduces 10% tax credit to encourage businesses to integrate with FBR’s digital monitoring systems.
Continue ReadingFinance Bill 2026 withdraws the controversial deemed income tax on immovable properties after the Federal Constitutional Court declared Section 7E unconstitutional.
Continue ReadingFinance Bill 2026 introduces new taxes on early life insurance payouts to curb misuse of policies for tax arbitrage.
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