Islamabad: The federal government has extended banking hours on the last day of the fiscal year to facilitate taxpayers. Designated bank branches will remain open till 10 PM for tax
Islamabad: The Federal Board of Revenue (FBR) has clarified that the Finance Act 2026 has not introduced any new powers allowing tax officials to directly recover taxes from people’s bank
Punjab: Technical problems in the PLRA and FBR online systems are causing major delays in property registrations. Many people are facing difficulties as the portals keep going down. Buyers, sellers,
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
