Senate Committee Recommends Return of Exporters to Final Tax Regime
Senate Finance Committee recommends restoring exporters to the FTR and reducing taxes.
Punjab Unveils Rs5.9 Trillion Budget for FY2026-27
Punjab government presents a Rs5.9 trillion budget for FY2026-27 with increased spending on public relief, healthcare, education, and development projects despite a reduced NFC share.
New Fixed Tax Scheme to Bring 100,000 Small Retailers into Tax Net from July 1
FBR plans to enroll 100,000 small shopkeepers and retailers under a new fixed tax scheme from July 1, 2026, with a Rs. 25,000 annual tax.
Federal Tax Ombudsman Announces Final Day to Apply for Internship Programme
ISLAMABAD: The Federal Tax Ombudsman (FTO) Pakistan has announced that June 15, 2026, is the final date for applications to […]
Finance Bill 2026 Repeals 7E Withdraws Deemed Income Tax on Properties
Finance Bill 2026 abolishes Section 7E after the Federal Constitutional Court declared the deemed income tax on immovable properties unconstitutional.
Banks to Report Transactions above Rs. 100 Million – Finance Bill 2026
Finance Bill 2026 proposes banks and EMIs to report transactions exceeding Rs. 100 million for automated FBR cross-matching and tax compliance monitoring.
Finance Bill 2026 Introduces New Tax Regime for Digital Content Creators
5% withholding tax on income earned by digital content creators, YouTubers, TikTokers, Instagram and Facebook influencers is proposed.
FBR Bans PDF Financial Statements for Companies
Companies to submit financial statements in machine-readable formats such as Excel, XML, XBRL and JSON from Tax Year 2026.
Finance Bill 2026: Fixed Tax Scheme Introduced for Traders
Finance Bill 2026 introduces a Fixed Tax Scheme with mandatory POS integration and QR code system.
Finance Bill 2026: Major Revision in Token Tax Rates for Vehicles
Finance Bill 2026 introduces revised token tax rates in ICT for cars, cabs, public service vehicles, and commercial transport.