Upcoming FY26 Budget EDITORIAL: Minister of Finance Muhammad Aurangzeb while speaking to a foreign news agency categorically stated that... Published 14 May, 2025 05:56am
Print Automated income tax refund system: FBR has failed to enforce IHC’s directive ISLAMABAD: The Islamabad High Court’s landmark judgment for effective enforcement of an automated income tax refund... Updated 12 May, 2025 02:53pm
Print Federal budget 2025-26: Cut in taxation rates for salaried people likely Relief measures include at least 2.5% reduction in income tax slabs Updated 10 May, 2025 04:48pm
Opinion Tax Laws (Amendment) Ordinance, 2025: Ill-advised, confiscatory & undemocratic The President of Pakistan issued Tax Laws (Amendment) Ordinance, 2025, published in The Gazette of Pakistan on May ... Updated 09 May, 2025 07:59am
Print FBR issues SRO to amend Income Tax Rules 2002 ISLAMABAD: The Federal Board of Revenue (FBR) will pay a huge amount of Rs 500,000 as one-time remuneration to the... Updated 09 May, 2025 09:31am
Opinion Income Tax (Amendment) Act 2025 General Just four weeks before the introduction of the Finance Bill 2025 in the National Assembly, the President ... Published 06 May, 2025 03:19am
Print Law promulgated for sudden tax recovery Powers of the FBR officials have been considerably enhanced for recovery through attachment and sale of any movable or immovable properties of taxpayers Updated 04 May, 2025 09:15am
Print Tola underscores need for resolving narrow tax base issue LAHORE: To address the issue of a narrow tax base, the government should implement several solutions, including... Updated 04 May, 2025 09:18am
Print State Bank of Pakistan identifies obstacles to FDI inflows KARACHI: The State Bank of Pakistan (SBP) has identified political and economic instability, high taxation and... Updated 02 May, 2025 09:23am
Print Earning below Rs1 million annually: KTBA proposes tax exemption for salaried people KARACHI: Karachi Tax Bar Association (KTBA) has proposed to exempt income tax from the salaried class earning below... Updated 02 May, 2025 09:03am
Print ITO provisions and Section 4B: SC urged to harmonise definition of ‘income’ ISLAMABAD: The Supreme Court was asked to harmonise the definition of income given in various provisions of Income... Updated 30 Apr, 2025 09:13am
Print Hydel projects: KP seeks tax relief on par with private sector & AJK ISLAMABAD: The Khyber Pakhtunkhwa government has sought Income Tax exemptions for its hydel projects at par with... Updated 26 Apr, 2025 01:54pm
Print SC CB asks whether super tax is a ‘tax’ or ‘fee’ ISLAMABAD: Supreme Court Judge Justice Muhammad Ali Mazhar has said that if the apex court concludes that the levy... Updated 16 Apr, 2025 08:55am
Budget 2025-26 Salaried class: Call for revision of tax slabs, rise in exemption limits ISLAMABAD: The Salaried Class Alliance Pakistan has called for a revision of tax slabs, an increase in exemption... Updated 14 Apr, 2025 08:56am
Budget 2025-26 Budget FY26: Relief for salaried people, cut in power rates likely Finance Minister Muhammad Aurangzeb says efforts under way to lower power bills by July, or earlier Updated 12 Apr, 2025 02:55pm
Business & Finance FY26 budget: salaried class urges govt to raise tax exemption limit to Rs1.2 million As the government commenced preparations for the upcoming budget, the tax-burdened salaried individuals have jointly... Updated 10 Apr, 2025 09:50pm
Print SC to take up pleas against Super Tax tomorrow ISLAMABAD: The constitutional bench of the Supreme Court will take up petitions against Sections 4B and 4C of the... Updated 06 Apr, 2025 11:28am
Opinion ‘Unconstitutional’ windfall tax—II Discriminatory without intelligible differentia [Points 7 & 8] The Supreme Court of Pakistan in Federation of... Published 30 Mar, 2025 06:17am
Print Teachers: federal cabinet restores 25pc income tax rebate ISLAMABAD: Following intervention of the Federal Tax Ombudsman (FTO), the Federal Cabinet has restored 25 percent... Updated 28 Mar, 2025 02:10pm
Print First review of $7bn EFF, and new $1.3bn RSF arrangement: SLA reached; IMF praises performance Government can unlock the $1.3billion under a new climate resilience loan programme spanning 28 months Updated 27 Mar, 2025 03:13pm
Editorials The high cost of punitive taxation EDITORIAL: The fundamentally flawed nature of the tax regime operational in Pakistan is both well-documented and... Published 19 Mar, 2025 05:48am
Print Automated income tax refund system: FBR fails to implement IHC judgement ISLAMABAD: The Islamabad High Court’s landmark judgment for effective enforcement of an automated income tax refund... Updated 17 Mar, 2025 08:48am
Editorials SMEs and the high cost of formal economy EDITORIAL: In yet another attempt in a long line of programmes aimed at promoting the SME sector, the Small and... Published 28 Feb, 2025 06:49am
Print Iron, steel scrap importers: FBR withdraws EFS facility ISLAMABAD: The Federal Board of Revenue (FBR) has withdrawn facility of Export Facilitation Scheme (EFS) 2021 from... Updated 26 Feb, 2025 02:59pm
Print Solar net metering consumers: Discovering Rs9.8bn loss, FTO orders 18pc GST levy ISLAMABAD: The Federal Tax Ombudsman (FTO) discovering huge revenue loss of Rs9.8 billion, passed the order for... Updated 25 Feb, 2025 08:11pm
Business & Finance Windfall tax: FBR recovers Rs 23bn from 16 banks ISLAMABAD: The Federal Board of Revenue (FBR) has recovered Rs 23 billion from 16 banks on account of windfall tax... Published 24 Feb, 2025 06:23am
Business & Finance ADR amendments: Banks deposited Rs72bn by Dec 31st: FBR chief ISLAMABAD: Federal Board Revenue (FBR) Chairman Rashid Mahmood Langrial Wednesday said banks have deposited Rs72... Published 20 Feb, 2025 06:44am
Print Credits against tax WH: FBR issuing notices to salaried individuals: KTBA KARACHI: The Federal Board of Revenue (FBR) has reportedly started issuing notices to salaried individuals, alleging... Updated 14 Feb, 2025 09:30am
Pakistan Teachers protest against tax deductions on salaries ISLAMABAD: Joint Action Committee (JAC), a body of all the employees of Federal Directorate of Education (FDE), has... Published 05 Feb, 2025 08:15am
Print SRB will be sole authority for collection, enforcement KARACHI: Sindh Revenue Board (SRB) has been designated as the authority responsible for the collection and... Updated 04 Feb, 2025 09:30am