Pakistan Telecommunication Authority (PTA) Chairman has revealed that theft incidents have been reported at around 9,000 telecom sites across the country, saying the growing problem has adversely affected service delivery and network operations. Read More: Fine imposed on mobile companies for issuing SIMs Speaking during a briefing, the PTA chief said that damage caused by […]
FBR
FBR unveils fixed tax plan for small shopkeepers
The Federal Board of Revenue (FBR) has released a draft of a new fixed tax scheme for small shopkeepers, aiming to expand Pakistan’s tax base by bringing more than three million retailers into the tax net during the current fiscal year. Issued through SRO 1109(I)/2026, the proposed scheme has been introduced under Section 99B of […]
Salaried workers pay more tax than exporters and property sellers
Pakistan’s salaried class remained one of the country’s largest taxpayers during fiscal year 2025-26, contributing significantly more in income tax than several influential sectors, according to provisional figures released by the Federal Board of Revenue (FBR). Read More: Tax relief announced for salaried workers The FBR collected a total of Rs13.01 trillion in taxes during the fiscal […]
FBR achieves FY2025-26 tax target with Rs13.6 trillion collection
The Federal Board of Revenue (FBR) has achieved its tax collection target for the 2025-26 fiscal year, collecting a gross revenue of Rs13.601 trillion by the end of June, according to official figures. Officials said the FBR disbursed Rs597 billion in tax refunds during the fiscal year, bringing net tax revenue to Rs13.003 trillion. The […]
Finance Act 2026–27 takes effect as government issues Gazette notification
The federal government has officially issued the Gazette notification for the Finance Act 2026–27, completing the legal process required to implement Pakistan’s new federal budget and bringing all fiscal measures into force from July 1. According to official details, the publication of the Gazette gives legal effect to the Finance Act, enabling the government to […]
SHC strikes down FBR monitoring order
The Sindh High Court (SHC) has declared a Federal Board of Revenue (FBR) office order appointing officers to monitor a private business as null and void, ruling that the tax authority’s monitoring powers are subject to legal safeguards and cannot be exercised without proper justification. During the hearing, the court observed that while the Sales […]
Finance Bill proposes major tax and compliance reforms
Islamabad: The federal government has proposed a wide range of tax, compliance and digital enforcement measures in the Finance Bill, with the new provisions expected to take effect from July 1, subject to parliamentary approval. Among the key proposals is a 15-year sales tax exemption for Pakistan International Airlines (PIA) on the purchase of aircraft. […]
Pakistan aims to bring 3.5 million shopkeepers into tax net this fiscal year
ISLAMABAD: Pakistan’s Minister of State for Finance and Revenue Bilal Azhar Kayani has announced that the government plans to bring approximately 3.5 million shopkeepers into the tax net during the current fiscal year as part of efforts to broaden the country’s tax base and strengthen the economy. Speaking during the debate on the federal budget […]
Senate panel approves penalty for overstating tax credits claims in returns
ISLAMABAD: The Senate Standing Committee on Finance has approved a proposal to impose penalties on taxpayers who falsely claim excessive tax credits in their income tax returns, as authorities move to tighten tax compliance measures. During a committee meeting, officials from the Federal Board of Revenue (FBR) informed lawmakers that individuals found claiming tax credits […]
FBR says 9,000 Pakistanis hold billions in deposits but pay no income tax
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Langrial has revealed that around 9,000 individuals in Pakistan collectively hold bank deposits worth Rs750 billion despite paying no income tax, highlighting significant gaps in the country’s tax system. The disclosure was made during a meeting of the National Assembly Standing Committee on Finance, chaired by Syed […]