FTO defies own order? Updated 29 Jun, 2026 10:48am ISLAMABAD: Till Federal Board of Revenue’s (FBR’s) representation is decided by the President, the Federal Tax...
Digital invoicing system: FBR to crack down on non-compliant importers from July 1 Published 24 Jun, 2026 06:48am ISLAMABAD: The Federal Board of Revenue (FBR), from July 1, has decided to take punitive enforcement actions against...
NA body approves key safeguards Published 22 Jun, 2026 05:36am ISLAMABAD: The National Assembly Standing Committee on Finance approved a number of key amendments including...
NA body questions AI-based tax audit credibility Published 18 Jun, 2026 06:40am ISLAMABAD: National Assembly Standing Committee on Finance Wednesday raised questions over the credibility and...
FCC issues its detailed judgment on Sec 7E of income tax law Published 17 Jun, 2026 05:36am ISLAMABAD: The Federal Constitutional Court (FCC) held that Section 7E of the Income Tax Ordinance (ITO), 2001, is,...
PRA seals 14 business premises Published 16 Jun, 2026 04:12am LAHORE: In enforcement operations against tax evasion and non-compliance across the province, the Punjab Revenue...
Federal budget will help restore business confidence: KATI Published 15 Jun, 2026 02:32am KARACHI: President of the Korangi Association of Trade and Industry (KATI), Muhammad Ikram Rajput, has described the...
Sec 47AAA introduced in Finance Bill: IR appeals will be vetted by scrutiny committee Published 14 Jun, 2026 05:20am ISLAMABAD: In a significant move to streamline tax litigations, the federal government has introduced Section 47AAA...
Tax disputes: FBR introduces digital solution Updated 14 Jun, 2026 07:40am ISLAMABAD: The Federal Board of Revenue (FBR) has introduced digital solution to expedite the resolution of tax...
Surcharge on salaried taxpayers to go Updated 13 Jun, 2026 09:02am ISLAMABAD: The federal government on Friday proposed major income tax relief for salaried individuals in the Federal...
‘Faceless’ system to modernise sales tax enforcement: expert Published 13 Jun, 2026 06:17am ISLAMABAD: The Federal Government has proposed the introduction of a faceless Audit, Assessment and Appeal system...
Finance Bill clarifies tax treatment of inherited property Published 13 Jun, 2026 06:17am ISLAMABAD: The Federal Government has introduced a significant relief measure in Finance Bill, 2026 addressing...
E-resources: Tax credit equal to 10pc of investment introduced Updated 13 Jun, 2026 09:18am ISLAMABAD: Finance Bill 2026 has introduced a tax credit equal to 10 percent of investment made in electronic...
Super tax on up to Rs500m income abolished Published 13 Jun, 2026 06:17am ISLAMABAD: Finance Bill 2026 has abolished super tax on persons having income of up to Rs. 500 million. The rate has...
Myth of untaxed traders Published 12 Jun, 2026 06:08am On the eve of the federal budget 2026-27, the government has announced ‘Fixed Tax Assan Scheme’ [no details yet...
Tax relief costs govt over Rs2trn Updated 12 Jun, 2026 09:15am ISLAMABAD: Total tax exemptions, concessions/reduced rates, zero-rating and special tax treatments to various...
FTS for small shopkeepers: PTBA raises legal, procedural concerns Published 11 Jun, 2026 05:48am ISLAMABAD: The Pakistan Tax Bar Association (PTBA) has formally written to Finance Minister Muhammad Aurangzeb,...
FBR must stop punishing compliance Updated 10 Jun, 2026 07:13am The formal economy is approaching a breaking point. Compliant businesses and taxpayers can no longer be expected to...
Only 55-60pc ST taxpayers file returns Published 10 Jun, 2026 05:53am ISLAMABAD: Pakistani tax experts said that, based on the historical trend, only 55 to 60 percent of the country’s...
Taxes & enforcement: Finance Bill may introduce Rs1trn measures Updated 09 Jun, 2026 09:09am ISLAMABAD: Finance Bill 2026 is likely to introduce tax policy and enforcement measures of nearly Rs 1 trillion in...
LTBA adopts resolution condemning alleged conduct of FBR official Published 07 Jun, 2026 05:11am ISLAMABAD: The Larkana Tax Bar Association (LTBA) has unanimously adopted a formal Resolution condemning the alleged...
FASTER refund system: Govt to curb payments to non-compliant taxpayers Updated 06 Jun, 2026 09:22am ISLAMABAD: The federal government has decided to impose major restrictions on the payment of refunds under the...
Broaden the base or burden the few Updated 04 Jun, 2026 07:01am Pakistan’s economy is at a turning point. Stabilisation efforts are underway, investor sentiment is cautiously...
Shopkeepers and small traders: FBR set to launch new scheme Updated 04 Jun, 2026 09:24am Scheme is designed for traders with an annual turnover of up to approximately Rs20 million.
Audit and enforcement measures: FBR estimates Rs700bn revenue generation in 2026-27 Updated 04 Jun, 2026 09:20am ISLAMABAD: The Federal Board of Revenue (FBR) is set to assign its field formations a tax collection target of Rs92...
‘Next budget may create more difficulties for traders’ Published 02 Jun, 2026 04:58am KARACHI: Former Vice President of FPCCI, Tariq Haleem has said that the upcoming federal budget, being formulated...
When taxes punish formal businesses Updated 02 Jun, 2026 05:37am EDITORIAL: While the minister of state for finance has assured a traders’ delegation during recently held...
Taxpayer harassment: ‘FBR officials systematically misuse powers’ Published 02 Jun, 2026 04:58am ISLAMABAD: The Federal Board of Revenue (FBR) officials are systematically misusing the powers available under...
Provision of tax documents to taxpayers: FBR moves President against FTO’s order Updated 01 Jun, 2026 06:50am ISLAMABAD: The Federal Board of Revenue (FBR) has challenged the landmark order of the Federal Tax Ombudsman (FTO)...
FY2026-27 budget: expectations Updated 01 Jun, 2026 05:48am The International Monetary Fund (IMF) reportedly approved the Pakistan budget for next fiscal year during a...