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Punjab Assembly Suspends Revised Agricultural Income Tax Rates

Web Desk Apr 21, 2026

Punjab Assembly has suspended revised agricultural income tax rates, declaring the notifications unlawful for not being presented before the House.

A workspace with tax documents and a smartphone.

OICCI Proposes 5% Cap on Withholding Tax, Calls for Reforms

Web Desk Apr 21, 2026

KARACHI: The Overseas Investors Chambers of Commerce and Industry (OICCI) has proposed capping withholding tax rates at 5%, urging the…

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PBC Urges FBR to Withdraw Default Surcharge Notices on Super Tax

Web Desk Apr 20, 2026

The Pakistan Business Council has urged the Federal Board of Revenue to withdraw recovery notices issued for default surcharge on…

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Tax Audit Recoveries Surge 110% in FY2024-25, Says FBR

Web Desk Apr 20, 2026

Pakistan’s audit-based income tax recoveries surged 110% to Rs267 billion in FY2024-25, driven by improved audit selection and enforcement, according…

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Overseas Investors Urge Pakistan to Broaden Tax Base to Save Existing Taxpayers

Web Desk Apr 20, 2026

The Overseas Investors Chamber of Commerce and Industry has urged the government to expand Pakistan’s tax base instead of increasing…

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FBR Reprimanded Over ‘Coercive’ Super Tax Recovery, FTO Orders Suspension

Web Desk Apr 19, 2026

The Federal Tax Ombudsman has stopped the Federal Board of Revenue from enforcing Super Tax recovery through coercive measures, directing…