Federal Board of Revenue Clarifies Solar Panel Tax Exemption and Introduces Digital Media Income Levies
The apex tax authority outlines a massive revenue collection target driven by automated compliance, digital platform taxes, and retail net expansion.
Government Introduces Fixed Tax Initiative for Small Shopkeepers to Broaden Revenue Framework
The newly launched retail taxation scheme offers a simplified compliance pathway for micro-retailers while enforcing penalties for non-participation.
Meezan Bank and VizPro Collaborate to Launch Digital Supply Chain Financing in Pakistan
Meezan Bank and VizPro sign an MoU to launch Digital Supply Chain Financing in Pakistan. The initiative will offer retailers Shariah-compliant financing through a fully digital process, strengthening the SME and retail ecosystem with technology-driven solutions.
FBR Admits Rs3.6 Trillion Sales Tax Gap, Pushes Digital Tracking for Retail Sector
The Federal Board of Revenue has admitted to a Rs3.6 trillion sales tax gap, highlighting structural challenges in Pakistan’s fragmented retail sector. Despite record enforcement claims, the FBR looks toward digital invoicing and supply chain tracking to address revenue losses.