The Federal Constitutional Court of Pakistan has released a detailed written judgment in dozens of tax-related civil appeals, constitutional petitions, and transfer cases, issuing key directions on their disposal and further legal proceedings. According to the verdict, some cases have been concluded, while several tax references have been remanded to the relevant high courts for […]
Tax
Best taxpayers awarded
Director General Excise, Taxation and Narcotics Control Punjab, Umar Sher Chatha, has stated that acknowledging top taxpayers is central to the Punjab Government’s policy of encouraging voluntary compliance, strengthening transparency, and building public confidence in the taxation system. He emphasized that sustained revenue growth is achievable only through mutual trust between taxpayers and tax authorities. […]
Standard Chartered earns Rs 46bn profit before tax
Standard Chartered Bank (Pakistan) Limited delivered a resilient financial performance with a Profit before tax of PKR 46.1 billion for the nine months period ended 30 September 2025 compared to PKR 75.5 billion in last period. The Bank posted revenue of PKR 63.3 billion, lower by 30% compared to Q3’24, primarily due to sharp reduction […]
FBR holds tax awareness session at HITEC University
As part of its ongoing Tax Awareness Outreach Activities, the Taxpayers’ Services Wing (TPS) of the Federal Board of Revenue (FBR) conducted an informative session on Income Tax Return Filing for Tax Year 2025 at HITEC University, Taxila. The initiative was undertaken under the directions of the Chairman FBR Mr. Rashid Mahmood Langrial and Member […]
FBR holds tax awareness session at RCCI
On the instructions of Chairman FBR Mr. Rashid Mahmood Langrial and Member Taxpayers’ Services Wing (TPS) Ms. Tehmina Aamer, the Federal Board of Revenue (FBR), through its TPS Wing conducted a Tax Awareness Session on ‘How to File Income Tax Return Online for Tax Year 2025′ at the Rawalpindi Chamber of Commerce and Industry (RCCI). […]
SC questions fairness, business impact of Super Tax Law
The Supreme Court’s five-member constitutional bench on Wednesday adjourned the hearing of petitions challenging the super tax till Friday. The bench, headed by Justice Amin-ud-Din Khan, comprised Justice Jamal Khan Mandokhail, Justice Muhammad Ali Mazhar, Justice Ayesha Malik and Justice Hasan Azhar Rizvi. At the outset, Advocate Farogh Naseem concluded his arguments on behalf of […]
Tax authorities seal three outlets on PoS violation
Federal Board of Revenue’s Regional Tax Office-1 (RTO-1) Karachi, while carrying out action against PoS violations in Saddar area on Wednesday, sealed three outlets of two different brands. The RTO-1 carried out the action under the rule 150 ZEO of Sales Tax Rules 2006 as the receipts issued by the sealed outlet were not integrated […]
PM directs steps to broaden tax net, tech use to prevent evasion
Prime Minister Shehbaz Sharif on Tuesday called for measures to broaden the tax net, directing the authorities to take strict action against individuals and sectors involved in tax evasion. The Federal Board of Revenue (FBR) missed its collection target by nearly Rs831 billion in the first 10 months of the current fiscal year, mainly due […]
KP Governmennt announces two-year exemption on mountaineering tax
The Khyber Pakhtunkhwa government has announced a two-year exemption on mountaineering tax to promote adventure tourism and mountaineering in the province. According to the Director General of the Tourism Authority, the tax exemption applies specifically to peaks in the Hindukush mountain range. The decision coincides with the 75th anniversary of the first successful summit of […]
Govt considers withholding tax removal on raw materials
The federal government is likely to announce substantial tax improvements in the upcoming Budget 2025, which includes the withholding tax removal on raw materials to help the industrial and construction sectors. Prime Minister Shehbaz Sharif has directed officials to have recommendations from the industry personnel to base relief measures on. According to the sources, withholding […]