NIBAF Pakistan Announces Online Income Tax Return Filing Training Workshop
NIBAF Pakistan will hold an online income tax return filing workshop on August 10, covering tax rules, FBR IRIS, wealth reconciliation, tax planning and compliance.
FBR Introduces Final Tax Regime for Life Insurance and Takaful Proceeds Under Finance Act 2026
FBR enacts a Final Tax Regime imposing withholding tax on life insurance and takaful payouts, while exempting policies held for over four years and death claims.
Pakistan Government Pledges to Engage IMF on Former Fata and Pata Tax Waivers
Prime Minister adviser Rana Sanaullah confirms that Finance Minister Muhammad Aurangzeb will coordinate with the IMF to seek a renewal of tax exemptions for merged tribal districts.
Federal Government Prepared to Expel Maturing Tax Exemptions by July 1 to Rectify Fiscal Deficits
The state administration and Federal Board of Revenue plan to eliminate various expiring tax exemptions on July 1 to offset massive fiscal concession losses and secure state revenue.
Pakistan Extends Rs61 Billion in Tax Exemptions Under Trade Agreements to Boost Regional Commerce
Pakistan granted Rs61 billion in tax exemptions during FY2023–24 under various Free Trade and Preferential Trade Agreements, primarily benefiting imports from China, Malaysia, Indonesia, and Sri Lanka. The move aims to enhance trade competitiveness and regional integration, though experts caution that growing exemptions warrant stronger fiscal oversight.