Non-filers to face restrictions on vehicle registration, property acquisition, and stock purchases under new tax bill
Proposed Tax Laws (Amendment) Bill, 2024 to enforce stricter compliance, including freezing bank accounts and seizing property
Salaried class leads with Rs368bn tax contribution in FY2024
Salaried individuals emerge as third-largest contributors to national tax pool with Rs103.7 billion additional taxes from FY23, surpassing exporters who paid Rs93 billion
FBR mandates balance sheets for new sales tax registrations
Updated rules include biometric verification and stricter documentation
FBR’s decision to procure 1,010 Honda City cars worth Rs6bn faces public backlash
Public questions the expenditure amid Pakistan’s economic challenges and rising taxes on common citizens especially on salaried classÂ
FBR grilled over misuse of export scheme, SIFC outlines corrective measures
Business community calls for transparency; FBR officials acknowledge ongoing investigations into cases of EFS misuseÂ
FBR chief targets Rs13,500 billion in tax revenue for 2024-25
December collections increased by 35 percent compared to November and 56 percent compared to December last year, says Langrial
FBR considers cutting withholding tax, reviewing 5% FED for first-time homebuyers
Task force formed to align property taxes with market; realtors show optimism about the upcoming incentive package
FBR to integrate FMCG manufacturers, wholesalers, and distributors into Digital Invoicing SystemÂ
Plan targets to connect approximately 10,000 FMCG entities with Digital Invoicing System to enhance tax monitoring, curb leakages
FBR launches tendering process for advanced cargo tracking technologies
New system to replace outdated tracking methods; interim measures in place for safe cargo transit
FBR seeks stakeholder input for tax reforms in Budget 2025-26
Proposals for income tax, sales tax, and excise duties invited; Jan 31 deadline for submissions
Corporate sector leads with Rs3 trillion in income tax for FY24
Rs1.12 trillion were paid by individual taxpayers and Rs353 billion from associations of persons, FBR report revealsÂ
FBR seeks data from foreign countries to combat tax evasion
Efforts focus on curbing tax evasion through international cooperation and OECD-aligned transparency
FBR highlights disparity in income and sales tax compliance for FY24
Tax body reports 4.74m income tax filers but only 234,193 sales tax filers in FY24; RTO Lahore leads tax compliance
Pakistan Single Window integrates seven major govt bodies to streamline trade data
PSW now includes provincial revenue authorities, TDAP, DRAP, and Special Technology Zone Authority; integration is retrospectively applicable from July 1, 2024
FBR falls short of December tax target, Jul-Dec deficit hits Rs386bn
Revenue collection misses mark as Rs5.623 trillion generated against Rs6.009 trillion target in six months