Islamabad, 6 June 2025: Govt Ends Tax Holiday as part of sweeping fiscal reforms outlined in the upcoming federal budget, with the Federal Board of Revenue (FBR) proposing a 10% …
tax
-
-
Islamabad, 6 June 2025: Tax Hike on Small Cars has been set aside by federal authorities ahead of the new budget, with senior officials confirming that there will be no …
-
Business
Govt Plans to Phase Out Super Tax to Spur Investment and Job Creation
by Hamza Irshadby Hamza IrshadIslamabad, 3 june 2025: Tax to Spur Investment this is the growing sentiment among Pakistan’s formal business sector as mounting criticism surrounds the continuation of the Super Tax. Initially introduced …
-
If the recommendation for tax hike on vehicles is accepted, the revenue projections for FBR are even higher for the upcoming fiscal year.
-
BusinessTop Trending News
FBR Expects Rs 250 bn Tax Revenue From Court Cases
by Umar Sohailby Umar SohailIslamabad: In a determined effort to reduce the fiscal shortfall ahead of the upcoming federal budget, the Federal Board of Revenue (FBR) is aiming to secure a significant revenue boost …
-
BusinessTrending Now
APTMA Decries ‘Draconian’ Tax Ordinance, Demands Withdrawal
by Umar Sohailby Umar SohailLAHORE: The All Pakistan Textile Mills Association (APTMA) has raised serious objections to the recently enacted Tax Laws (Amendment) Ordinance, 2025 (Ordinance No. IV of 2025), calling it an oppressive …
-
BusinessTop Trending News
FBR to Tax on High Pensions, Higher IT Exemption
by Umar Sohailby Umar SohailISLAMABAD: The Federal Board of Revenue (FBR) is working on two significant budget proposals for the fiscal year 2025–26, aimed at revising the taxation structure on pensions exceeding a certain …
-
BusinessTop Trending News
Despite Fall in Discount Rate, Banks Profitability Touch New Highs
by Umar Sohailby Umar SohailIslamabad: Banks Profitability has touched new highs. The profitability of Pakistan’s listed banking sector surged to Rs173 billion during the first quarter of 2025 (January to March), marking a 14 …
-
BusinessTop Trending News
Noose of Taxation for Salaried Class: Unjust Unfair, and Inequitable System
by Umar Sohailby Umar SohailIslamabad: Despite being one of the most tax-compliant segments of the population, the salaried class in Pakistan continues to bear a disproportionate tax burden. It seems they are facing the …
-
Islamabad, Apr 27, 2025: The Friends of Pakistan, a tax advisory firm, has voiced significant concerns regarding the ongoing reform efforts at the Federal Board of Revenue (FBR). In a …