FBR Set Deadline for Electronic Invoicing Integration of Registered Taxpayers
Pakistan FBR mandates electronic invoicing integration for registered taxpayers by May 1/June 1, 2025, boosting digitization and compliance.
IMF Engages with Pakistan on Tax Reforms and Judicial Efficiency
IMF reviews Pakistan’s tax reforms with FBR and discusses judicial efficiency, contract enforcement, and property rights with the SCBA in governance assessment.
KCCI Slams FBR for Inactivating Taxpayers Despite Official Filing Extension
KCCI slams inactive status for sales tax despite extension by FBR.
Tax Department Fails to Prove FED on Soft Drink Syrup Supply
Tax department fails to prove 50% FED on soft drink syrup for post-mix machines in Lahore. Appellate forum rules in favor of beverage company. Read details.
ICMAP Proposes 10% Tax on High-Income Pensioners in Budget Suggestions
ICMAP proposes a 10% tax on pensioners earning over Rs200,000/month to boost revenue and promote tax fairness, sparing low-income retirees from new levies.
FBR Extends Sales Tax Return Deadlines for February and March 2025
The Federal Board of Revenue (FBR) has extended the deadline for filing monthly sales tax and federal excise returns for […]
FBR Reinstates Saturday Workdays to Boost Tax Collection Efforts
FBR cancels Saturday holidays for field offices until June 30, 2025, to intensify tax collection efforts and meet fiscal year-end revenue targets.
KCCI Urges Government to Exempt Foreign Exchange Earners from Provincial Taxes
KCCI urges tax relief for foreign exchange earners, proposing exemption from provincial taxes to encourage forex repatriation and boost Pakistan’s economy.
Federal Tax Ombudsman Intervenes, Directs FBR to Allow Filing and Warns Against Unjust Penalties
FTO orders FBR to stop penalizing businesses for delayed sales tax returns caused by tax department inaction. Investigation revealed systemic delays by Commissioners.
KCCI Calls for Advance Tax Exemption on Essential Goods
KCCI urges advance tax exemptions on FMCGs (pulses, beverages) in Federal Budget 2025-26 to curb inflation and reduce business burden.