FBR gains sweeping new powers via Finance Bill 2025 to deny/limit input tax adjustment using automated, risk-based systems. 🚫 Aimed at curbing sales tax fraud, this move lets FBR streamline enforcement but leaves procedural gaps for taxpayer appeals.
FBR gets sweeping powers under Finance Bill 2025 to access internet user data (IPs, subscriber info) from ISPs/telecoms! 🌐 Aimed at curbing sales tax fraud, this move overrides privacy laws, raising significant concerns.
Do you know the Govt approved a 1.5% advance tax cut on property purchases for filers? 🏠 While filers get relief, rates for late/non-filers remain unchanged. It’s a move to boost tax compliance!
Do you know Pakistan’s FY26 budget proposes a 1% tax on capital assets over Rs1B? 💰 This new levy targets high-value financial & non-financial assets (excluding property). Cabinet set to approve today!
Do you know Pakistan set a Rs. 14.2 TRILLION tax target for FY26? 🎯 The budget is out today! But IMF warns about missing goals due to low growth, & Rs. 5.84T in current tax exemptions pose a huge challenge.
Do you know Pakistan’s FY26 budget eyes a Rs14T target, shifting to “equity” tax? 📈 Higher rates on goods/services & new taxes on solar/processed food are coming! Digital payments get lower rates, replacing filer-non-filer rules.
Do you know P@SHA is urging tax clarity & stable policies for Pakistan’s IT sector? 🇵🇰 They warn inconsistent policies threaten $15B export potential! Calls for remote worker tax alignment & end to harassment.
Do you know major WHT changes are coming in Pakistan’s FY26 budget? 📈 FBR aims to collect more revenue by widening the filer-non-filer tax gap! Expect higher WHT on interest, cash withdrawals for non-filers, & imports.
Do you know Pakistan’s business community has high hopes for the new budget? 🇵🇰 They seek relief, investment, lower costs & a broader tax base. Prioritizing agriculture, IT, & SMEs is key for jobs & stability. A “people-friendly” budget is crucial!
Do you know Pakistan’s FY26 budget is set to unleash Rs200B in new taxes? 🤯 FBR plans 18% sales tax on solar panels & e-commerce, plus FED on ultra-processed foods! Get ready for a wider tax net.