Pakistan’s State Bank of Pakistan (SBP) has cast doubt on the recent reports of impressive revenue collection growth by the Federal Board of Revenue (FBR). The SBP’s skepticism stems from […]
The Islamabad High Court (IHC) has issued a stay order, temporarily halting the government’s plan to block mobile phone SIMs of individuals who haven’t filed their income tax returns. This […]
The Overseas Investors Chamber of Commerce and Industry (OICCI) is urging the Pakistani government to develop clear and unified sales tax regulations for distributors. This call comes in response to […]
Foreign Investors Call for Tax Reform in Pakistan Overseas investors urge Pakistan to address the disproportionate tax burden on salaried individuals. Salaried class hit by significant tax hikes and elimination […]
Taxpayers Rush to File as FBR Threatens SIM Blockage The number of active taxpayers in Pakistan has jumped significantly due to fears of SIM card blocking for non-filers. The Active […]
Pakistan’s upcoming budget proposal includes a potentially significant change for teachers: the elimination of a tax relief currently offered to full-time educators. Current Tax Relief for Teachers: Full-time teachers at […]
Foreign investors in Pakistan are urging the government to scrap the super tax in the upcoming budget for the fiscal year 2024-25. This move, they believe, would boost investor confidence […]
The Overseas Investors Chamber of Commerce and Industry (OICCI) has presented a novel proposal to the Federal Board of Revenue (FBR) for the upcoming 2024-25 budget. Their plan aims to […]
Pakistan’s upcoming budget for the 2024-25 fiscal year may bring significant changes to import tax policies. The government is considering abolishing tax exemptions currently enjoyed by importers and introducing a […]
The Pakistan Business Council (PBC) has proposed a significant increase in advance tax rates on motor vehicle purchases by non-filers of income tax returns for the upcoming 2024-25 budget. This […]