Punjab Property Tax 2025: New DC Rate System Explained
The Punjab government has rolled out a transformative property tax system, set to take effect on January 1, 2025. This…
TAX NEWS
FBR Tax Filing New Rules: Late Filer Status Explained 2025
The Federal Board of Revenue (FBR) in Pakistan has introduced significant updates to its tax filing procedures, aiming to simplify…
Finance Minister Announces Budget Relief for Salaried Class Amid Economic Progress
Finance Minister Muhammad Aurangzeb has unveiled plans to ease the financial burden on Pakistan’s salaried class in the upcoming budget.…
FBR Recovers Rs 23 Billion in Windfall Tax from 16 Banks in a Single Day
In a significant development, the Federal Board of Revenue (FBR) has successfully recovered Rs 23 billion from 16 banks in…
Taxpayer Secures Duty and Tax Remission on Fire-Damaged Goods Under DTRE
In a significant ruling, a taxpayer successfully availed duty and tax remission on goods damaged in a fire under the…
Government to Review 18% Sales Tax on Packaged Milk Amid Industry Concerns
The Pakistani government has assured a review of the 18% sales tax on packaged milk, following concerns from the Pakistan…
RAL & KPRA Join Forces for a Cutting-Edge Online Tax Collection System
The Pakistan Revenue Automation (Pvt) Limited (PRAL) and the Khyber Pakhtunkhwa Revenue Authority (KPRA) have initiated a groundbreaking collaboration to…
Pakistan’s Towel Industry Struggles with High Taxation Rates
Pakistan’s towel industry is a critical component of the country’s textile sector, contributing significantly to national exports. As the third-largest…
FAPUASA Urges FBR to Restore 25% Tax Rebate for Teachers & Researchers
The Federation of All Pakistan Universities Academic Staff Associations (FAPUASA) has strongly condemned the Federal Board of Revenue (FBR) for…
Federal Government Strips FBR of Tax Policy Authority | Pakistan Tax Reforms 2025
The Federal Government of Pakistan has officially removed the Federal Board of Revenue (FBR) from its tax policy-making role, transferring…