Federal Board of Revenue
Tax Audit Recoveries Surge 110% in FY2024-25, Says FBR
Pakistan’s audit-based income tax recoveries surged 110% to Rs267 billion in FY2024-25, driven by improved…
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Navigating the Pakistani tax system can be complex.
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Recently Published
Small Traders Welcome 1% Turnover Tax Scheme Up to Rs200 Million
Traders have welcomed the government’s 1% turnover tax and fixed tax regime for businesses with annual turnover up to Rs200…
FBR to Block Refunds for Taxpayers Ignoring Digital Initiatives
The government plans to link FASTER sales tax refunds with digital compliance in Budget 2026-27.
K-P Budget 2026-27 to Focus on Youth Relief, No New Taxes
KP plans a relief-focused Budget with no new taxes, Rs50 billion youth loan schemes, over Rs215 billion for development projects.
Pakistan’s Active Taxpayer List Crosses 8 Million Mark for the Second Time
The Active Taxpayer List (ATL) has officially crossed the 8 million mark for the second time, currently standing at 8,014,941…
GST Rate Cut to Single Digits Proposed in Budget Suggestion
PCDMA has proposed reducing GST from 18% to 16% and gradually shifting to a single-digit tax regime in the federal…
Govt Approves Faceless Tax System to Reduce Corruption, Harassment
The govt will introduce a three-phase faceless tax model featuring digital audits, online assessments, and pre-filled tax returns to modernize…