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Business

Web Desk
Aug 23, 2025

FBR sets new deadline for July 2025 sales tax return filing

The FBR has once again extended the deadline for filing monthly sales tax and federal excise returns, this time for the tax period of July.

Pakistan

Web Desk
Jun 17, 2025

FBR’s arrest authority restricted to tax fraud over Rs50m

Regarding the FBR’s authority to arrest tax evaders, Langrial said that arrests can only be approved by a three-member FBR board committee.

Business

Web Desk
Nov 10, 2024

Punjab government implements agricultural tax on major landowners

This aligns with the stringent stipulations set forth by the International Monetary Fund.

Pakistan

Web Desk
Jun 22, 2024

IMF proposal to sales tax babies milk rejected

The Board officials further said that there was another suggestion and that was to levy 18 per cent sales tax on the fruits and vegetables imported from Afghanistan.

Business

Web Desk
Jun 13, 2024

Budget insights 2024-25: personal taxes

The federal government announced the annual budget for fiscal year 2024-25 on Wednesday. Here is everything you need to know about taxes on your personal income and expenditures.

Business

Web Desk
Jun 13, 2024

FBR targets Rs3.8 trillion tax collection in next FY

Key reforms include abolishing tax exemptions worth Rs434 billion and imposing a 5 per cent Federal Excise Duty (FID) on immovable property.

Business

Web Desk
Jun 12, 2024

18 per cent sales tax proposed on mobile phones: Budget 2024-25

Muhammad Aurangzeb unveiled significant changes in tax policies while presenting the federal budget for the fiscal year 2024-25.

Business

Web Desk
Mar 09, 2024

Which cars are affected by FBR’s 25% sales tax?

In a recent development, the Federal Board of Revenue (FBR) has implemented a significant policy change by imposing a 25 per cent sales tax on domestically manufactured or assembled cars with an invoice price exceeding Rs4 million.