The Most Up-to-Date withholding tax News

Tax collection from Pakistan’s salaried class up 55% in FY25
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Tax collection from Pakistan’s salaried class up 55% in FY25

FBR data shows withhodling tax charged from income group increased to PKR 605.6B in FY25

Pakistan gets whopping PKR556B as tax from salaried class
Business

Pakistan gets whopping PKR556B as tax from salaried class

Data shows public, private employees shouldering disproportionate withholding tax burden

Pakistan proposes 15% tax on social media ads to push tech firms to open local offices
Business

Pakistan proposes 15% tax on social media ads to push tech firms to open local offices

Budget 2025-26 also outlines tax changes in real estate, equity markets, and erstwhile FATA/PATA regions

Pakistan retroactively reinstates 25% tax rebate for teachers
Business

Pakistan retroactively reinstates 25% tax rebate for teachers

The rebate expires permanently after 2025, while canceling billions in contested back-tax demands from educators

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

Pakistan proposes over PKR 500 billion in new taxes to meet FY26 revenue target
Pakistan

Pakistan proposes over PKR 500 billion in new taxes to meet FY26 revenue target

Finance Bill 2025-26 introduces major tax changes on pensions, mutual funds, and debt profits