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Business

Web Desk Karachi
Mar 07, 2025

FBR seeks IMF approval for temporary tax reductions in tobacco, real estate, and beverages

By implementing these cuts, the FBR anticipates an additional Rs100 billion in tax revenues for the national treasury during the April-June quarter of the current fiscal year.

Pakistan

Web Desk
Jul 02, 2024

FED on airlines tickets increases by 150 per cent, notification issued

The federal government jacked up the FED on the international flights in the budget 2024-25. According to the notification, the FED on economy and economy plus tickets has risen by 150 per cent.

Business

Web Desk
Jun 29, 2024

Here are the new taxes imposed on builders, developers

The federal government has introduced a three per cent federal excise duty (FED) on the sale of properties, targeting builders and developers for every new project.

Business

Web Desk
Apr 21, 2024

Call for increased FED on cigarettes to curb rising consumption

According to the FBR yearbooks, the country has lost Rs567 billion in revenue over the last seven years due to inadequate taxation on tobacco products

Business

Web Desk
Apr 03, 2024

Speakers call for increased tobacco taxation to address health and economic concerns

Speakers at a seminar in Islamabad underscored the critical impact of raising tobacco taxation on health costs, economic factors, and social well-being

Latest

Web Desk
Mar 07, 2024

Experts call for increased FED on cigarettes to boost revenue

SPARC advocates 26 per cent increase of federal excise duty on cigarettes to bridge the gap between health burden and tax revenue

Latest

Web Desk
Dec 08, 2023

Increase in FED reduces consumption of cigarettes by 20 billion sticks: study

Pakistan has taken significant strides by increasing Federal Excise Duty (FED) by 146 percent on cigarettes in line with the recommendations of World Health Organization