The Most Up-to-Date sales tax 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’s cement maker invests PKR 6.5B in hospitality firm
Markets

Pakistan’s cement maker invests PKR 6.5B in hospitality firm

Company acquires over nine million voting shares of Pakistan Services Limited

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 senators lash out at extra 4% tax on cash sales over PKR 200,000
Business

Pakistan senators lash out at extra 4% tax on cash sales over PKR 200,000

Senator also voices serious concerns over FBR's powers of arrest

Pakistan passes revised budget with tax relief, climate levy, and digital economy reforms
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Pakistan passes revised budget with tax relief, climate levy, and digital economy reforms

Budget cuts salaried taxes, rebrands carbon levy, expands digital tax net, and imposes duties on solar imports

Pakistan lawmakers push for wage hike, e-commerce relief among key Finance Bill reforms
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Pakistan lawmakers push for wage hike, e-commerce relief among key Finance Bill reforms

Senate Standing Committee on Finance seeks withdrawal of the 2% tax on online purchases to support digital growth