Pakistan Budget 2024-25 Cracks Down on Tax Evaders with Travel Bans, Business Closures
Pakistan’s proposed budget for the 2024-25 fiscal year takes a tough stance on tax evasion, outlining a series of punitive […]
Pakistan Unveils Key Tax Proposals for 2024-2025
Pakistan’s budget proposals for the 2024-2025 fiscal year aim to boost revenue generation through a series of tax reforms. Here’s […]
Pakistan Tax Exemptions Soar to Record Highs
Pakistan’s tax exemption bill has reached unprecedented levels, jumping a staggering 73% to Rs. 3.879 trillion in the 2023-24 fiscal […]
IRIS Portal Glitch Hinders Taxpayers’ Ability to Revise Sales Tax Returns
Taxpayers in Pakistan are facing difficulties revising their sales tax returns due to a technical issue with the Federal Board […]
Steel, Ghee Industries Threaten Closure Over Tax Exemptions for Newly Merged Districts in Pakistan
Pakistan’s steel and ghee (cooking oil) industries are on the brink of collapse due to tax exemptions granted to businesses […]
FBR Demands Over Rs. 200 Million in Income Tax from Netflix in Pakistan
The Federal Board of Revenue (FBR) of Pakistan is seeking over Rs. 200 million in income tax from streaming giant […]
Pakistan Taxpayer Wins Case Against FBR Over IRIS System Issues
A taxpayer in Pakistan has successfully challenged the Federal Board of Revenue’s (FBR) electronic system, known as IRIS, following glitches […]
IMF Pushes Pakistan for Agri Tax Reforms in Budget 2024-25
The International Monetary Fund (IMF) is urging Pakistan to implement significant tax reforms and transparency measures in the upcoming budget […]
Pakistan Considers 2.5% Income Tax on Entire Trading Chain to Boost Revenue
The Pakistani government is considering a significant change to its tax structure in the upcoming budget for fiscal year 2024-25. […]
ICAP Proposes Tax Relief for Salaried Individuals in Pakistan’s Upcoming Budget
The Institute of Chartered Accountants of Pakistan (ICAP) has proposed a significant change for the upcoming 2024-25 budget: raising the […]