tax News

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FBR keeps tax offices open this weekend

FBR has directed all its field offices nationwide to remain open this weekend, on Saturday and Sunday, May 23–24, 2026, treating both days as regular working days for the collection of duties and taxes.

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IMF flags Pakistan's narrow tax base, structural gaps

The International Monetary Fund has flagged Pakistan's persistently narrow tax base, undertaxed agriculture sector, and deteriorating GST efficiency as central risks to the country's fiscal programme, even as Pakistan pushes ahead with sweeping reforms under the Extended Fund Facility all against the backdrop of a significant supply shock, the Middle East war, and heightened global uncertainty.

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IMF report exposes Pakistan's tax system as corruption-prone

Pakistan's tax-to-GDP ratio has remained stubbornly low at around 10% over the past five years, and a new IMF’s Governance and Corruption Report reveals the problem goes far deeper than collection efficiency.

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Tax filings hit record 5.9m as of October 31

Marking a new milestone in voluntary compliance and taxpayer awareness, the Federal Board of Revenue (FBR) has recorded a significant increase in income tax return filings for Tax Year 2025.

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FBR extends sales tax returns deadline to August 4

The Federal Board of Revenue (FBR) has extended the deadline for submission of Sales Tax and Federal Excise Returns for the tax period of June 2025 to August 4, 2025.

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Govt imposes new asset purchase restrictions for undeclared income

The government has imposed new restrictions on asset purchases for individuals who fail to declare sufficient income.

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PAA urges reversal of unjustified WHT hike at FPCCI post-budget forum

A delegation from the Pakistan Advertisers Association (PAA) today represented the advertising and marketing communications sector at the Post-Budget Consultative Meeting on Tax Anomalies convened by the Federation of Pakistan Chambers of Commerce & Industry (FPCCI).

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Govt moves to tax online educators, digital academies

The federal government has greenlit a new taxation framework targeting private online educational platforms and independent digital instructors, as authorities ramp up efforts to formalize high-revenue sectors operating outside the tax net.

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Sindh overhauls sales tax structure on services

In a significant tax reform move, the Sindh Finance Bill 2025 proposes a complete structural shift

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Telecom operator faces Rs22bn tax after FBR ruling on tower deal

The telecom operator is now liable to pay approximately Rs22 billion ($78 million) in taxes on the gain from its transaction...

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313.69M 		1.30%
2237.52
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550.40M 		0.93%
964.13
KSE30 52,166.33
164.58M 		1.26%
649.19
KMI30 250,496.48
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3930.77
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318.73M 		1.20%
801.29
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44.68M 		0.28%
130.40
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9.01M 		0.13%
45.59
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 73,860.00 0.00
0.00 		145.00
0.20%
BRENT CRUDE 91.89 92.95
89.93 		-0.81
-0.87%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00 		-7.90
-6.70%
ROTTERDAM COAL MONTHLY 112.85 0.00
0.00 		-0.05
-0.04%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50 		0.00
0.00%
CRUDE OIL - WTI 87.76 89.02
86.35 		-1.14
-1.28%
SUGAR #11 WORLD 14.07 14.35
13.90 		0.14
1.01%
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