July-May FY2024-25: Tax shortfall hits Rs1.03 trillion despite aggressive revenue measures
FBR collects Rs10.21 trillion against Rs11.24 trillion target; May shortfall alone Rs205 billion amid rising income tax but lagging sales and customs duties
Pak-Afghan chamber urges FBR to decentralize customs assessments amid delays
Centralization of goods declarations in Karachi causes clearance delays, impacting upcountry dry ports
Govt mulls 1.5% withholding tax on imports to boost revenues amid tax refund delays: report
Plan aims to curb under-declaration of import values by taxing payments to overseas suppliers through banks, while exporters face pending tax refunds
FBR mulls withdrawing sales tax exemption on solar panels in upcoming budget
FBR Chairman reveals proposals to end tax exemptions, while refineries highlight tax issues hindering $6 billion investment
Internal review brands Pakistan’s Faceless Customs Assessment system a failure: reportÂ
Committee report reveals increased cargo dwell times and drop in customs revenue after FCA implementation
FBR suspends senior auditor over harassment complaints at feed mill
Suspended auditor served at a feed mill to monitor the supply of taxable goods; industry representative calls for better support for staff and avoidance of undue inspections
Govt to impose 18% sales tax on goods from ex-tribal areas
Revenue from the new tax expected to exceed Rs45 billion in FY25-26
Pakistan Tax Bar Association requests extension for sales tax return deadline due to technical issues
PTBA urges FBR to extend deadline until June 30 due to unresolved discrepancies in new annexures
FBR registers over 2.4 million new taxpayers in FY2024-25
Data of 458,342 unregistered or non-filing individuals shared with telecom companies for temporary SIM blocking
Govt plans 5% FED on over 50 ultra-processed foods in upcoming budget
Proposed federal excise duty on foods like chips, carbonated drinks, and ready-made meals could be a major revenue source for the 2025-26 fiscal year
Planning Commission questions Rs2.237 billion allocated for procurement of 179 vehicles for FBR’s project
Revenue Raises Project, supported by a $150 million World Bank loan, aims to increase the country’s tax-to-GDP ratio
IMF flags Rs1 trillion shortfall in Pakistan’s tax target for FY26, urges new measures
Government must bridge Rs1 trillion revenue gap as tax target set at Rs14.3 trillion; enforcement expected to yield Rs400-600 billion amid past shortfalls and economic concerns
SC restores sales tax law in former FATA, PATA, suspends PHC verdict
FBR allowed to collect sales tax; Govt to review Rs45 billion tax exemptions on imports and supply of goods for erstwhile tribal region in upcoming budget
Govt mulls 100% hike in excise duty on energy drinks, reviews broader FED proposals for budget
FBR explores changes to excise tax rates on beverages, cigarettes, and other items for increased revenue generation
Govt proposes up to 10% tax cut for salaried class in 2025-26 budget
FBR aims to reduce tax burden by Rs50 billion; negotiations with IMF to finalize revenue measures