Punjab Mandates Accounts Officers Liable for Employee Income Tax Deduction
The Punjab government has introduced a significant amendment through the Punjab Finance Amendment Bill 2025, placing a direct responsibility on […]
PTA Reveals Mobile Service Tariffs and Tax Burden on Consumers
The Pakistan Telecommunication Authority (PTA) has released the current tariffs for mobile services, revealing PayG rates of Rs. 3.2-3.6/min for calls, Rs. 3.3-5/MB for data, and Rs. 2.15-2.5/SMS. Consumers face a significant 15% WHT and 19.5% GST on usage and bundles
Business Community Voices Alarm Over FBR’s Abrupt Policy Changes
Hyderabad Chamber voices alarm over FBR’s sudden HS code & sales tax changes, citing increased difficulties, trust erosion, and negative impact on businesses.
KCCI Urges Government to Restore Final Tax Regime for Export Sector
KCCI urges Pakistan govt to revive Final Tax Regime (FTR) for exporters in Budget 2025-26, citing challenges with the current tax system & compliance burden.
FBR Introduces New Tax Filing Requirements for Businesses
FBR introduces new monthly tax reporting rules for manufacturers and importers to boost transparency and align sales tax with annual income tax returns.
FBR Announces Monetary Rewards for Inland Revenue Officers
FBR introduces monetary rewards for Inland Revenue officers (BS-17+) based on performance under the 2024 Transformation Plan.
ICMAP Proposes Phased Tax Framework to for Electric Vehicle Industry
ICMAP proposes a phased tax framework for Pakistan’s EV industry in the upcoming budget, aiming for sustainable growth, investment, and environmental benefits.
Tribal Regions Receive Significant Electricity Tax Break: FBR Reports
Tribal areas in Pakistan received over Rs14 billion in electricity tax relief, the FBR reports. Exemption aims to boost socio-economic development.
FBR Provides Rs 60 Billion in Import Tax Relief
FBR extends Rs 60 billion import tax relief under Clause 56, benefiting petroleum, exporters, government projects, and small vehicles.
High GST Fuels Tax Evasion Warns Business Council
Pakistan Business Council warns high 18% GST fuels tax evasion. Recommendations include gradual GST reduction and corporate tax reforms.