The federal government has effectively increased the indirect tax burden on hybrid vehicles to 25 percent as of 1 July… Read More
Govt Restricts Rs. 1 Trillion Development Funding Once Again
The Ministry of Finance has made the release of development funds during the current fiscal year conditional on the government’s… Read More
Salaried Class Paid More Than Double the Tax of Property Sector
Pakistan’s salaried class paid Rs. 630 billion in income tax during fiscal year 2025-26, around 127% more than the Rs.… Read More
Prices of School Items Increase After Budget
Parents across Pakistan are expected to face higher back-to-school expenses after the federal government imposed a 10% sales tax on… Read More
Finance Minister Applauds FBR for Achieving FY26 Tax Target
Finance Minister Senator Muhammad Aurangzeb on Wednesday congratulated the Federal Board of Revenue (FBR) for achieving its revised revenue collection… Read More
Some Imported Cars to Get Cheaper, Others More Expensive Starting Today
The Federal Board of Revenue (FBR) has started collecting the newly introduced Special Excise Duty (SED) on imported vehicles from… Read More
Govt Officially Notifies Budget 2026-27
The federal government has issued the gazette notification for the Finance Act 2026, making the new budget measures effective from… Read More
President Signs Finance Act 2026 as Rs. 1.02 Trillion Tax Measures Take Effect July 1
President Asif Ali Zardari has signed the Finance Act 2026 into law, clearing the way for tax, tariff, and enforcement… Read More
Govt Reduces PTA Tax on Mid-Range Mobile Phones
The federal government has reduced duties and taxes on imported mobile phones with a customs value of $101 to $200,… Read More
Govt Abolishes Super Tax For Big Exporters
The federal government has abolished Super Tax for companies whose export receipts exceed 80 percent of their total turnover under… Read More
Fact Check: Has Govt Launched Monthly Installments for PTA Phone Tax?
A widely circulated social media post claims that the new Finance Bill allows PTA (Pakistan Telecommunication Authority) device registration tax… Read More
Govt Approves Reduced Tax Rate on Buying, Selling of Properties
The federal government has approved changes in advance tax rates on property transactions while also increasing the tax burden on… Read More
