Over the past year, significant tax increases in the property sector have created challenges for investors and homeowners. With new regulations restricting transactions for non-filers and the imposition of various […]
Businesses can claim input tax adjustments on destroyed goods, ensuring compliance with the Sales Tax Act, 1990, and protecting their financial interests. Legal Position on Input Tax Adjustment The sales […]
Tax experts allege Inland Revenue officials misuse Section 40B to pressure businesses, urging the FBR to investigate administrative excesses.
Pakistan’s pensioners received Rs 43.61 billion in tax exemptions in 2024, easing their financial burden and ensuring post-retirement stability, reports FBR.
Punjab Revenue Authority collects Pak Rs. 22.21B in Jan 2025, marking 21% growth. Strong enforcement, digital systems & taxpayer engagement drive success.
FBR updates tax rules for non-ATL utility consumers, applying extra sales tax on electricity & gas bills above Pak Rs. 15,000 to boost tax compliance.
KATI welcomes Sindh’s Agricultural Income Tax Bill, calling it a step toward fair taxation, economic stability, and reduced tax burden on industries and salaried individuals.
FBR approves duty-free vehicle imports for Gwadar Port & Free Zone, facilitating development and operations under new regulatory rules.
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Finance Minister Aurangzeb urges CJP to fast-track tax cases, highlights economic stability, IMF benchmarks, and pre-budget discussions with business leaders.
