Sindh Revenue Board Reports Strong 24% Revenue Growth in April
The Sindh Revenue Board (SRB) has announced a significant increase in its revenue collection, reporting a 24% growth for the […]
FBR Reports Strong 30% Tax Collection Growth in April 2025
FBR reports strong 30% tax growth in April 2025, exceeding last year’s annual target. Income Tax, Sales Tax, and FED show robust performance despite refunds.
PSX Advocates for Tax Relief on Inter-Corporate Dividends
The Pakistan Stock Exchange (PSX) has formally requested the government to reinstate the tax exemption on inter-corporate dividends for companies […]
KTBA Proposes Tax Relief for Salaried Class, Reforms for FY 2025-26
KTBA proposes exempting income tax up to PKR 1M for salaried class & suggests reforms for tax slabs, business taxes, appeals, and FBR’s IRIS in budget proposals.
FBR Seals Sowears Offices and Outlets in Karachi Amidst Tax Evasion Allegations
The Federal Board of Revenue (FBR) has taken action against the Western clothing brand Sowears in Karachi, sealing its head […]
Tribunal Declares Unlawful Sealing of Business by Tax Authorities
Islamabad Tax Tribunal rules sealing a business without due process is unlawful, emphasizing fair enforcement and restraint by tax authorities in a key judgment.
Senate Panel Backs End to Sales Tax Exemption in Erstwhile Tribal Areas
The Senate Standing Committee on Finance and Revenue endorsed a significant proposal from the business community advocating against the extension […]
FBR Extends Deadline for Electronic Integration of Taxpayers
FBR extends the deadline for electronic integration, giving corporate taxpayers until June 1, 2025, and non-corporate entities until July 1, 2025, to comply with mandatory digital invoicing.
Court Provides Clarity on Cash Gifts Between Blood Relatives
Tax court rules cash gifts between blood relatives not taxable if reported in tax returns, even without bank transfer or gift deed. FBR stance challenged.
Business Community Slam FBR, FIA Over Alleged Investor Harassment
Pakistan business community slams FBR, FIA for harassing investors. High-level meeting with Haroon Akhtar Khan discusses ease of business and reforms.