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.
FBR Transformation Plan Doubles Tax Returns And Blocks Massive Revenue Fraud
The Federal Board of Revenue blocks 9.8 billion rupees in fraudulent sales tax refunds and doubles tax filings under its national digitization plan.
FBR Moves Consumer Goods to Third Schedule to Curb Tax Evasion
The Federal Board of Revenue plans to bring 20 consumer goods categories under the Third Schedule of the Sales Tax Act to secure billions in revenue.
FBR Outlines New Simplified Tax Scheme for Small Traders in Upcoming Budget
The Federal Board of Revenue drafts a voluntary Small Taxpayers Guidance System to simplify compliance and lower rates for traders with under 20 million rupees turnover.
Finance Minister Muhammad Aurangzeb and Tobacco Industry Discuss Fiscal Reforms and Illicit Trade Crackdown
Finance Minister Muhammad Aurangzeb met with Pakistan Tobacco Company executives to discuss tax compliance, digital monitoring, and curbing the undocumented economy.
Federal Budget 2026-27: Government Favors Strict Enforcement Over New Tax Imposition
The federal government plans a tax-neutral budget for FY27, focusing on FBR enforcement and IT upgrades to recover Rs 780 billion instead of introducing new taxes.
NCCPL Sets April 30 Deadline for Mandatory Collection of March Capital Gains Tax
The National Clearing Company of Pakistan notifies brokers and asset managers that Capital Gains Tax for March 2026 will be debited on April 30.
Punjab Revenue Authority Scales Service Tax Collection Through Digital Monitoring
Punjab Revenue Authority records a 33% year-on-year growth in sales tax collection for March 2026 driven by administrative reforms and the Large Taxpayer Unit.
FBR Mandates 72 Hour Deadline for Digital Invoice Edits to Curb Tax Evasion
The Federal Board of Revenue enforces a strict three day window for electronic invoice modifications while allowing businesses to use multiple licensed integrators.
FBR Simplifies Digital Invoicing and Limits Data Revisions Under STGO 01 of 2026
The Federal Board of Revenue introduces flexibility for electronic invoicing integrators while enforcing a strict 72-hour window for data modifications in its latest update.