Tag: FBR

The Federal Board of Revenue (FBR) has emphasized that traders and businesses must clearly understand how a change in the rate of sales tax affects their transactions under the updated Sales Tax Act, 1990 for tax year 2025-26.

The Federal Board of Revenue (FBR) has published an updated list of goods that will be subject to zero-rate sales tax during the fiscal year 2025-26. This update is part of the latest changes made to the Sales Tax Act, 1990, ensuring businesses clearly understand which items qualify for tax relief.

ISLAMABAD, August 26, 2025 – The Federal Board of Revenue (FBR) has officially released the tax framework for property income in the upcoming tax year 2025–26, as part of the updated Income Tax Ordinance, 2001, which incorporates amendments introduced through the Finance Act, 2025.

Islamabad, August 25, 2025 – The Federal Board of Revenue (FBR) has announced updated withholding tax rates on prizes and winnings for the fiscal year 2025-26.

Islamabad, August 25, 2025 – The Federal Board of Revenue (FBR) has released updated withholding tax rates applicable to exports for the tax year 2025-26, following recent amendments to the Income Tax Ordinance, 2001 through the Finance Act, 2025.

Islamabad, August 25, 2025 – The Federal Board of Revenue (FBR) has clarified the legal framework for handling excess sales tax collections under Section 3B of the Sales Tax Act, 1990.

Islamabad, August 25, 2025 – The Federal Board of Revenue (FBR) has officially notified the revised sales tax framework for the fiscal year 2025-26 through amendments to the Sales Tax Act, 1990.