Senate Finance Committee Calls for Abolition of Fixed Taxes on Electricity Bills
Senate Finance Committee members have demanded the abolition of fixed taxes and charges on electricity bills.
Lawmakers Urge Govt to End Tax-Free Status of Charitable Hospitals, Schools
Senate Finance Committee proposes zero sales tax on educational stationery and questions tax exemptions for charitable hospitals and schools.
PRA Seals Multiple Double Shot Branches in Lahore Over Alleged Tax Violations
PRA seals several coffee outlets in Lahore over alleged sales suppression and electronic invoicing violations. Investigation continues.
Senate Panel Approves Abolition of CVT on Foreign Assets
Senate Standing Committee approves abolition of Capital Value Tax (CVT) on foreign assets.
Salaried Tax Relief in Budget 2026-27 Skips Many Lower and Middle-Income Earners
Taxpayers earning up to Rs2.2 million annually may receive no relief under the Finance Bill 2026.
Former Minister Proposes Flat Tax Rates for Salaried Class
Former minister has proposed a simplified three-slab salary tax system with 5%, 10% and 20% rates, to provide greater relief.
5% Minimum Tax on YouTubers, TikTokers and Social Media Influencers
Finance Bill 2026 requires banks to deduct 5% tax on YouTube, TikTok, Facebook and Instagram earnings.
Finance Bill 2026 Expands FBR Audit Powers under Sales Tax Law
Finance Bill 2026 proposes major changes to Section 25 of the Sales Tax Act, allowing FBR to order re-audits, issue mandatory audit reports, and strengthen sales tax enforcement.
Budget Tax Relief and Incentives for IT, Telecom, and Startup Sectors
Budgetextends 0.25% tax on IT exports till 2029, cuts advance tax on foreign digital payments, offers startup incentives, reduces Super Tax.
Finance Bill 2026 Introduces Faceless Tax Audits and Appeals
Finance Bill 2026 proposes faceless tax audits, assessments, and appeals. Introducing e-hearings, algorithm-based case allocation, and fully digital tax proceedings