ISLAMABAD – The federal government has decided to gradually reduce the super tax rate for the manufacturing sector as part of its upcoming industrial policy.
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Revised Super Tax Rates Effective July 1, 2025
Karachi, June 30, 2025 – The government has officially notified revised super tax rates through the Finance Act, 2025, which will take effect from July 1, 2025, for the tax year 2026 and onward.
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Super tax shake-up unveiled in Finance Bill 2025
Islamabad, June 11, 2025 – In a move that has sent ripples across Pakistan’s corporate and high-net-worth sectors, the government has proposed a dramatic revision of the super tax regime through the highly anticipated Finance Bill 2025.
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IHC Transfers Super Tax Cases to Supreme Court of Pakistan
Islamabad, March 22, 2025 – A division bench of the Islamabad High Court (IHC) has directed the transfer of all pending cases challenging the super tax under Sections 4B and 4C of the Income Tax Ordinance, 2001, to the Supreme Court of Pakistan.
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FBR Announces Updated Super Tax Structure for Tax Year 2024-25
Karachi, August 18, 2024 – The Federal Board of Revenue (FBR) has unveiled the latest position on the super tax applicable for the tax year 2024-25, in accordance with the Income Tax Ordinance, 2001, updated up to June 30, 2024.
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Finance Bill 2024 Resolves Super Tax Application Dispute
Karachi, June 15, 2024 – The Finance Bill 2024 has addressed a longstanding dispute regarding the application of super tax, providing much-needed clarity for businesses, according to tax experts.
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LHC Rules Against Retrospective Super Tax for Tax Year 2022
PkRevenue.com – The Lahore High Court (LHC) has declared that the super tax under Section 4C of the Income Tax Ordinance, 2001, cannot be imposed retrospectively on companies and individuals for the tax year 2022.
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MTO Karachi Recovers Super Tax of Rs 607 Million from Maersk
Karachi, May 23, 2024 – In a landmark fiscal achievement, the Medium Tax Office (MTO) Karachi has effectuated the recovery of a colossal sum of Rs 607 million in super tax from Maersk, the globally eminent shipping and logistics conglomerate.
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ATIR Rules Super Tax Not Payable on FTR Income
Karachi, May 23, 2024 — In a significant ruling, the Appellate Tribunal Inland Revenue (ATIR), Karachi, has determined that super tax is not applicable to income falling under the Final Tax Regime (FTR) for exporters.
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FBR Updates Super Tax Rates for High-Earning Individuals
Karachi, October 9, 2023 – The Federal Board of Revenue (FBR) has introduced updated super tax rates for high-earning individuals for the tax year 2024.
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