Federal Board of Revenue
Federation and FBR Challenge High Court Rulings on Super Tax Before FCC
The Federal Constitutional Court heard arguments from the federation and FBR challenging high court judgments…
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Karachi Chamber Supports FBR Oversight of Jewelers, Urges Protection
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has endorsed the monitoring of jewelers’ business transactions by the Federal…
FBR Faces Record Tax Shortfall in FY2025-26 as Revenue Gap Nears Rs1 Trillion
Pakistan’s Federal Board of Revenue is facing a massive tax shortfall in FY2025-26, with the gap expected to approach Rs1…
Federal Court Reserves Verdict on Challenges to Section 7E
The FCC has reserved its judgment on petitions challenging Section 7E of the Income Tax Ordinance, 2001, with the upcoming…
Karachi Retailers Pay Rs6.25 Billion Income Tax in FY25
Karachi retailers contributed Rs6.25 billion in income tax during FY25, with collections rising 121% year-on-year due to stricter enforcement and…
Federal Court Upholds Super Tax Under Sections 4B and 4C
FCC upholds Super Tax under Sections 4B and 4C, declaring High Courts cannot alter tax laws and reinforcing Parliament’s authority…
FBR Registers FIR Against Lahore Gold Jewelers After Tax Monitoring Clash
FBR files FIR against Lahore gold jewelers after resistance during a tax monitoring drive under Section 175, escalating tensions between…