FBR Imposes 18% Sales Tax on Solar Panels in Finance Bill 2025
The Federal Board of Revenue (FBR) is set to finalize the Finance Bill for 2025-26, introducing approximately Rs. 200 billion in new tax measures. Key changes include an 18 percent…
FBR Proposes 2% Hike in Tax Rates on Bank Interest Income for FY 2025-26
The Pakistani government is intensifying efforts to increase revenue, with the Federal Board of Revenue (FBR) proposing a 2 percent increase in the tax rates on interest income earned from…
PTBA Urges FBR to Extend E-Invoicing Deadline for Corporate Taxpayers to June 30, 2025
The Pakistan Tax Bar Association (PTBA) has formally requested the Federal Board of Revenue (FBR) to extend the deadline for corporate sales taxpayers to complete electronic integration with the FBR’s…
IMF, Pakistan Close to Agreement on Income Tax Relief for Salaried Class in Budget 2025–26
The International Monetary Fund (IMF) and the Government of Pakistan are on the verge of reaching an agreement to reduce income tax rates for the salaried class in the upcoming…
Govt Plans to Double Withholding Tax on Non-Filers’ Cash Withdrawals
Government Plans to Double Withholding Tax on Non-Filers’ Bank Withdrawals The government is planning to increase financial pressure on non-filers in the upcoming fiscal year by doubling the withholding tax…
Govt Plans FED, Sales Tax on Packaged Foods to Raise Rs. 150 Billion in Budget 2025–26
The federal government is preparing to introduce new taxes on high-consumption packaged food items in the upcoming 2025–26 budget, aiming to generate an estimated Rs. 150 billion in additional revenue….
Exporters to Face 18% Sales Tax on Imported Raw Materials Under New Budget
Exporters in Pakistan will now be subject to an 18% sales tax on imported raw materials in the upcoming budget, bringing them in line with local raw materials, which have…
Govt to Curb Dual Pension-Salary Benefits Under IMF-Driven Reforms
The federal government has launched efforts to implement pension reforms in accordance with the conditions set by the International Monetary Fund (IMF) and the World Bank, sources told ProPakistani. As…
Pakistan Assures IMF of Crackdown on Non-Filers in Upcoming Budget
Negotiations between Pakistan and the International Monetary Fund (IMF) over the upcoming budget are ongoing, with the government assuring the IMF of a tougher stance on non-filers. According to sources,…
Govt Plans Higher Tax on More Luxury Goods in Budget 2025-26
The federal government is set to expand the list of luxury goods and impose a higher sales tax on them in the upcoming Budget 2025–26, according to sources within the…
