Business Tax Returns FBR extends Tax Year 2026 filing deadline to October 15 October 1, 2026 The Universe The Federal Board of Revenue (FBR) has extended the deadline for filing income tax returns for Tax Year 2026 by 15 days, giving taxpayers additional time to complete their filings.…
Business FBR Monitoring Businesses face sealing over failure to connect monitoring systems September 30, 2026 The Universe The Federal Board of Revenue (FBR) has moved to strengthen electronic monitoring of registered businesses, with new amendments to the Sales Tax Rules, 2006 allowing action against premises that fail…
Business Social Media Tax FBR sets minimum taxable income formula for creators September 24, 2026 The Universe Social Media Tax rules introduced by Pakistan’s Federal Board of Revenue (FBR) will set a minimum taxable income for resident creators based partly on the number of views their content…
Business Easy Tax Scheme FBR sets targets to increase trader registrations September 16, 2026 The Universe The Federal Board of Revenue (FBR) has set registration targets for its field offices to accelerate the enrolment of traders under the Easy Tax Scheme. According to sources, FBR field…
Business FBR Tax Collection Pakistan Collects Over Rs476 Billion Through Electricity Bills in FY2025-26 July 30, 2026 The Universe The Federal Board of Revenue (FBR) collected more than Rs476 billion in taxes through electricity bills during the 2025-26 fiscal year, officials informed the Senate Standing Committee on Finance on…
Business FBR Tax Scheme Small Retailers to Pay 1% Tax Under New Procedure July 28, 2026 The Universe The Federal Board of Revenue (FBR) has introduced a special tax procedure for small retailers, aiming to simplify tax compliance during Tax Year 2026. Israel-Lebanon Talks Rome to Host Next…
Business Finance Bill Proposes New Tax on Digital Earnings June 14, 2026 The Universe The Finance Bill 2026 proposes a new withholding tax framework for digital earnings by introducing Section 154B into the Income Tax Ordinance, 2001. KATI Welcomes Budget Measures, Seeks Stronger Industrial…
Pakistan Federal Constitutional Court Strikes Down Section 7E of Income Tax Ordinance May 7, 2026 The Universe The Federal Constitutional Court has declared Section 7E of the Income Tax Ordinance null and void, rejecting all appeals filed by the Federal Board of Revenue (FBR) seeking restoration of…
Business FBR Files Money Laundering Case Over Rs7.5bn Settlement Linked to Karachi Pharma Firm May 2, 2026 The Universe Federal Board of Revenue (FBR) has registered a First Information Report (FIR) alleging money laundering involving billions of rupees paid through the account of a non-profit organisation linked to a…
Latest FBR Personnel Complete Specialized Security Course at SSU Chowkandi Headquarters January 30, 2026 The Universe A passing out parade for Federal Board of Revenue (FBR) personnel was held on January 30, 2026, at the Special Security Unit (SSU) Chowkandi Headquarters, marking the successful completion of…
