The Federal Board of Revenue (FBR) has introduced significant amendments to the process of resolving classification disputes through Customs General Order (CGO) No. 02 of 2025.
This development comes on the back of a significant improvement in tax collection from retailers following policy changes implemented from July 2024.
ICMA Pakistan proposes sweeping tax reforms to FBR: green initiatives, fairer wealth tax, GST expansion, digital economy focus, and enhanced compliance.
Karachi, Pakistan: The Federal Board of Revenue (FBR) has issued an updated notification S.R.O. 144(I)/2025 which supersedes old notification, S.R.O. […]
Pakistan car sales skyrocketed 85% in Jan 2025! Non-filers are panic-buying before new tax restrictions on vehicle purchases take effect. Details on the buying frenzy.
NA Committee delays Section 114C, giving FBR time to develop tech for non-filer restrictions. Decision to be revisited in June 2025 to ensure compliance.
The Sarhad Chamber of Commerce and Industry, in collaboration with RTO Peshawar, has reactivated a joint advisory committee to resolve taxpayer issues and enhance facilitation.
Pakistan’s salaried class faces a 55% tax hike in 2024-25, with collections reaching Pak Rs. 570 billion. PM Shehbaz pledges relief amid economic challenges.
Authorities confirm that businesses can claim input tax adjustments for raw materials intended for taxable supplies, even if destroyed before use, aligning with legislative intent and commercial practices.
Aleem Khan proposes a toll tax on tourists in Gilgit-Baltistan to fund road maintenance and infrastructure, ensuring sustainable tourism growth.
