Islamabad: FBR Member (Strategic Transformation) Dr. Hamid Ateeq Sarwar told a Senate Finance Committee subcommittee that the government is considering further reductions in the tax burden on businesses, including possible
Islamabad: The Pakistan Tax Bar Association has urged the Federal Board of Revenue to immediately restore the “Change in Particulars” facility, known as Form 181, for sales tax-registered persons on
Islamabad: The Federal Board of Revenue collected Rs820.3 billion in net taxes during July 2026, exceeding its monthly target of Rs780 billion by about Rs40 billion. Gross collection reached Rs918.9
The Punjab Revenue Authority (PRA) has increased the provincial sales tax from 5% to 8% across multiple service sectors, including restaurants, cafes, coffee shops, food chains, and other food outlets.
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
