The Most Up-to-Date customs duty News

Pakistan’s tax body misses October collection target by PKR 84B
Business

Pakistan’s tax body misses October collection target by PKR 84B

FBR’s total collection in four months of the ongoing fiscal year also remains below the target

Pakistan granted PKR 2.43T in tax exemptions in FY24, equal to 2.3% of GDP
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Pakistan granted PKR 2.43T in tax exemptions in FY24, equal to 2.3% of GDP

FBR report shows reliefs down sharply from last year but still 26% of total tax revenue

Pakistan sets sights on global bonds, tax-to-GDP boost; SBP gears up for housing finance rollout
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Pakistan sets sights on global bonds, tax-to-GDP boost; SBP gears up for housing finance rollout

Finance minister dismisses concerns about short-term revenue loss, arguing that the reforms are a strategic investment in long-term, export-led growth

Finance bill proposes major tax reforms
Pakistan Business

Finance bill proposes major tax reforms

Salient features of proposed measures in Customs, Sales Tax and Income Tax

IMF sets PKR 14.3 trillion tax target for Pakistan in FY26, urges end to ‘non-filer’ category
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IMF sets PKR 14.3 trillion tax target for Pakistan in FY26, urges end to ‘non-filer’ category

As of January 2025, filers among retailers, wholesalers, and traders had increased by 51% year-over-year. The number of filers with positive tax liabilities rose by 38%

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