NA body questions urgency behind Tax Laws (Amendment) Ordinance, expresses concerns
FBR Chairman briefs Standing Committee on Finance; Chairman Committee calls it abuse of power to promulgate ordinance for recovery from taxpayers without giving them right of appeal
FBR reveals Rs400 billion tax evasion in tobacco and poultry sectors
One out of every ten trucks carrying smuggled cigarettes is confiscated, with most evasion going unchecked due to insufficient capacity of system, says FBR chief
FBR considers raising GST rates on essential items for 2025-26 budget: report
Proposals under consideration include higher taxes on second hand clothes, footwear, fertiliser inputs, motorcars, and pharmaceuticals, jewellery and EVs
Federal, provincial govt’s exceed IMF fiscal targets, but FBR misses key revenue goals
Government meets key fiscal targets, with provinces generating surplus of Rs 1.028 trillion, while FBR falls short by Rs 715 billion
FBR’s new Reward & Rating System faces backlash, legal challenges: report
Officers criticise discriminatory practices, with one customs officer rejecting reward over integrity concerns
FBR mulls new tax on high pensions, increase in income tax exemption threshold: reportÂ
Proposals include tax on pensions above Rs0.4 million monthly and an increase in income tax exemption for the next fiscal year
FBR officers to be posted at business premises to enhance tax monitoring
PM pushes for reforms and stricter enforcement to curb tax evasion and illicit cigarette trade
FBR hires industry experts to enhance audit expertise and improve compliance
Move aims to provide sector-specific insights and enhance the quality of audits within the relevant industries
FBR extends deadline for electronic integration of sales tax system by one month
Corporate and non-corporate taxpayers now have until June and July 2025 to integrate with the customs computerized system
FBR initiates large-scale audits with external auditors to improve tax compliance
Third-party auditors to conduct desk, forensic, and field audits as part of FBR’s transformation plan
Govt to set Rs14.3 trillion revenue target for FY25-26, with Rs500 billion in new taxes
Finance Minister Aurangzeb to present budget proposals as IMF review of fiscal goals approaches
FBR chairman hints at tough budget ahead, offers no tax relief except for salaried class
No sales tax cuts for dairy sector; Finance minister also confirms tax relief for salaried individuals is under considerationÂ
FBR misses April target by Rs139bn, ten-month shortfall climbs to Rs833bn
Salaried class bears major burden; FBR releases Rs43 billion in April refunds, ten-month total reaches Rs428 billion
FBR’s new sales tax filing procedure causes delays amid technical challenges
Complex changes in return filing system lead to confusion and reluctance among taxpayers
Salaried class pays record Rs391 billion in taxes, contributing 1,420% more than traders
Salaried individuals pay nearly 10% of total income tax collected in nine months; retailers contribute Rs26 billion, while non-corporate and corporate sectors pay Rs166 billion and Rs117 billion respectively