Overseas Pakistanis Get 120 Days of Tax-Free Mobile Registration
Overseas Pakistanis can avail FBR tax-free mobile registration facility for 120 days per each visit under the Federal Board of Revenue (FBR) policy.
Mehfooz
New Tax Rules for Non-Filers—Higher Withdrawal Limits, Increased Rates
The government has revised the withholding tax on cash withdrawals by non-filers, raising both the tax rate and the exemption threshold under the Finance Bill 2025–26.
Adil Aziz
FBR mulls doubling cash withdrawal tax for non-filers in Budget 2025
The Federal Board of Revenue (FBR) is considering a proposal to double the tax on cash withdrawals from banks for non-filers in the upcoming Budget 2025. The move is part of a broader plan to discourage informal economic activity and bring more people into the tax net.
FBR to Enhance Monitoring of Bank Transactions Exceeding Declared Income
The Federal Board of Revenue (FBR) has announced plans to closely monitor bank transactions that exceed individuals’ declared income to strengthen tax compliance and curb financial irregularities.
PTA reminds International Travelers to pay taxes of their mobile devices under DIRBS
The Pakistan Telecommunication Authority (PTA) reminds international travelers bringing mobile devices into Pakistan to fulfil their tax obligations as required by the Federal Board of Revenue (FBR) for device registration under the Device Identification, Registration, and Blocking System (DIRBS).
PSW designated as FBR’s technology partner for ‘Web-Based One Customs’ system
The Federal Board of Revenue (FBR) and Pakistan Single Window (PSW), an integrated digital platform, recently signed an agreement aimed at digitalizing customs clearance processes.
FBR issues clarification on monitoring of transit, shipment Cargo
The Federal Board of Revenue (FBR) has recently introduced a new process for monitoring transit cargo, replacing satellite tracking with human monitoring. This decision comes after the license of the sole company providing satellite tracking services was revoked due to outdated technology and frequent technical issues.
Enhancing Tax-to-GDP ratio crucial for economic stability, Says FBR Chairman
During his visit to the Lahore Chamber of Commerce and Industry (LCCI) on Tuesday, the FBR Chairman agreed with LCCI President Mian Abuzar Shad on the need to reduce sales tax, corporate tax, and income tax rates in Pakistan. However, he emphasized that these reductions would only be feasible if the taxation system effectively captures revenue from all economic segments.
New Single Sales Tax Return Introduced for E&P Companies and Microfinance Banks
The Federal Board of Revenue and all the Provincial Revenue Authorities, namely Balochistan Revenue Authority (BRA), Khyber Pakhtunkhwa Revenue Authority (KPRA), Sindh Revenue Board (SRB), and Punjab Revenue Authority (PRA), have unanimously agreed to extend the scope of the Single Sales Tax Return (SSTR) to include two additional sectors: Exploration & Production (E&P) companies and…
RTO Islamabad Shuts Down Five Restaurants for Fake Receipt
The Regional Tax Office, Islamabad has sealed five prominent restaurants in Islamabad on account of issuing fake invoices/receipts. The action was taken after citizens/consumers reported that the restaurants were issuing counterfeit receipts/invoices.
Editor