Islamabad: The Federal Board of Revenue (FBR) has informed taxpayers about a potential reduction in the withholding tax on property transactions, with rates expected to decrease from 1.5% to 0.25%.
Islamabad: Around Rs5.7 trillion in revenue remains trapped in 50,732 tax disputes involving the Federal Board of Revenue, currently pending before courts and tribunals. Officials believe that faster resolution of
Islamabad: The Federal Board of Revenue (FBR) is preparing a new initiative to enhance tax compliance among shopkeepers and small traders. The scheme aims to encourage greater documentation of economic
Islamabad: The federal government is reportedly considering a major reduction in property transaction taxes in the upcoming federal budget 2026-27 to revive Pakistan’s slow real estate market. According to sources,
Islamabad: The Federal Board of Revenue is reviewing the existing property valuation system to develop a more balanced and sustainable tax framework for the real estate sector. According to reports,
Islamabad – The Federal Board of Revenue (FBR) faced a Rs. 190 billion shortfall in May 2026, collecting Rs. 960 billion against a target of Rs. 1.15 trillion. Sources indicate
Islamabad: The Ministry of Finance is expected to expand the Third Schedule of the Sales Tax Act in the upcoming budget to bring more FMCG items under MRP-based taxation. The
Islamabad: Pakistan’s tax outlook is facing pressure as early market closures due to economic challenges and energy shortages may result in losses of up to Rs15–20 billion for the Federal
The Federal Board of Revenue (FBR) has revised property valuation rates across 68 residential, commercial, and rural locations in Islamabad, bringing assessed values closer to prevailing market prices. Issued under
