Property Tax Abolished for Properties Below Rs. 50 Lakhs in Punjab
Punjab eliminates property tax for properties under Rs. 50 lakhs. New buyers get 75% relief in the first year. Transparent system via DC table introduced.
Saleem Mandviwalla Demands Halt to FBR’s Purchase of 1,000+ Cars
Saleem Mandviwalla urges Finance Minister to stop FBR’s controversial procurement of 1,000+ cars, citing transparency and governance concerns.
FBR’s Rs6 Billion Car Purchase Sparks Public Outrage Amid Economic Hardship
The Federal Board of Revenue (FBR) has found itself embroiled in controversy following its decision to procure 1,010 Honda City […]
FBR Review Withholding Taxes and 5% FED on Property Transactions
The Federal Board of Revenue (FBR) is considering significant tax reforms to support first-time homebuyers and encourage affordable housing development. […]
RTO-I Karachi Targets Six More Wedding Halls in Tax Crackdown
The Regional Tax Office (RTO-I) Karachi has intensified its campaign against tax defaulters by taking action against six additional wedding […]
Hyderabad Customs to Auction Non-Duty Paid Vehicles on January 14
The Model Customs Collectorate (MCC) Hyderabad has announced an upcoming auction of Non-Duty Paid (NDP) vehicles, scheduled for January 14, […]
Corporate Sector Contributes Rs3,061 Billion to Income Tax in FY23-24
The corporate sector emerged as a significant contributor to Pakistan’s tax revenue during the fiscal year 2023-24, with a contribution […]
Sales Tax Refund Processing Time Surges to 119 Days – FBR Report
Karachi, Pakistan: The Federal Board of Revenue (FBR) has raised concerns over increasing delays in the processing of sales tax […]
FBR Report Reveals Wide Gap Between Income Tax and Sales Tax Filers
The Federal Board of Revenue (FBR) has expressed significant concern over the glaring disparity between income tax and sales tax […]
Tax Experts Question New Eligibility Criteria for Property Transactions
Tax experts have raised concerns over the newly introduced eligibility criteria for property transactions, which require individuals and companies to […]