The Federal Board of Revenue (FBR) has finalized the Finance Bill for 2025-26 with a new sales tax on online platforms such as Daraz, OLX, Zameen, and PakWheels to boost collections and meet demands of the International Monetary Fund (IMF) for widening the tax base, sources told ProPakistani.
The Revenue Division has prepared a proposal to levy an 18 percent sales tax on online buying and selling platforms in the fiscal year 2025-26.
Sources said the new tax on e-commerce platforms will be increased to boost collections and meet IMF demands for widening the tax base.
This move is part of FBR’s 11th-hour attempt to fulfill IMF’s Rs. 14.3 trillion tax revenue target for FY26.