SBP Urges Tax Base Expansion, Reduced Burden Salaried
SBP calls for tax base expansion & less burden on documented sectors. Report highlights productivity issues & need for structural reforms.
FBR Reports 25% Surge in Property Tax Collection
FBR reports 25% jump in property tax to Rs169bn (Jul-Mar FY25) despite fewer transactions. Higher rates cited; potential FED removal considered.
FBR Accelerates Digital Invoicing Revolution Through Successive Regulatory Orders
Learn how FBR’s series of SROs is driving digital invoicing integration across Pakistan, mandating universal e-invoicing for all businesses by June 2025.
PSX Proposes Uniform 5% CGT on All Derivatives in Budget 2025-26
PSX proposes a uniform 5% Capital Gains Tax (CGT) on all derivative instruments, including cash-settled and futures contracts, in its Budget 2025-26 recommendations.
KCCI Proposes Tax Law Change to Ease Burden on Small Businesses
KCCI proposes changing Pakistan’s tax law definition of a withholding agent to ease burden on small businesses and encourage formalization in Budget 2025-26.
World Bank Highlights Pakistan’s Persistent Tax Collection Weakness
World Bank report- Pakistan’s weak tax buoyancy highlights need for urgent reforms, including taxing agriculture & wealthy, to boost revenue & ensure sustainable growth.
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.