Monday, October 26, 2026 · Petrol Rs 377.71 · USD/PKR 277.05 · Gold Rs 424536/tola
Breaking
Asif Khaliq drives blue-eyed Chaiwala Arshad Khan’s London success Munir and Naqvi Join Makkah Pact Talks in Tehran Iran Says the Border Is Open as Pakistan Ships LPG by Sea Six Militants and Two Soldiers Killed in DI Khan Imran Khan’s Sisters Held for Another 30 Days Rights Commission Calls for the KP Emergency to End Makkah Pact Officials Head to Tehran for Security Talks Riyadh Airport Partly Reopens Two Weeks After Attack Indian Duty-Free Access Threatens Pakistan’s Textile Edge Peshawar Begins Polio Drive for 1.11 Million Children KSE-100 Loses 4,045 Points Over the Week Task Force Asks Industry for Export Proposals PTI Weighs Talks Against Protest Over KP Seven of One Family Killed in Murree Road Accident Mir Raza’s Father Asks for a JIT Member to Be Replaced Pakistan Rejects a $490m Loan as Too Expensive Minister Seeks Loan Rescheduling as Rates Bite at 25pc 31,000 Consumers Denied the Petrol Subsidy Portal Glitch Blocks Returning Pakistanis From Filing LPG Cargoes Down to Two as Senate Presses on Winter Fuel

Articles for tag: Government, IMF, Internet, panels, raising, services, solar, Tax, VAT, withholding

October 17, 2025

News Desk

Government and IMF consider raising VAT, withholding tax on solar panels and internet services

The International Monetary Fund (IMF) building in Washington, USA. — AFP/File Measures are being implemented for the lack of revenue, the inability to cut costs. It is proposed to increase the withholding tax on internet service up to 20%. The emergency measure proposes to raise the GST on solar panels to 18%. ISLAMABAD: After rejecting proposals to increase tax rates on fertilizers and pesticides, Pakistan and the International Monetary Fund (IMF) are considering alternatives — raising taxes on rooftop solar panels, internet services and other sectors — as emergency measures in case of revenue shortfalls. The News reported on Friday.

October 11, 2025

News Desk

FBR reports 19% increase in wedding tax collection

The Federal Revenue Council (FBR) reported 19 % of tax collections from marriage events across Pakistan. The Board of Directors attributed the increase in the stricter monitoring and enforcement of tax measures aimed at the country’s welfare. According to official documents, the FBR raised RS2.02 billion of tax withholding taxes from marriage work during the financial year 2024-25 – from 1.70 billion Rs last year – marking a profit of almost RS500 million. Employees said the increase was reflected in the growing documentation of businesses and services related to events, especially in major cities. “The marriage and events industry represents

October 7, 2025

News Desk

The IMF predicts a lack of RS400BN tax as Pakistan seeks revised growth target

This file photo taken on January 26, 2022, shows the stamp for the International Monetary Fund (IMF) in Washington, DC. – AFP Pakistan, the IMF discusses bites in the macroeconomic context. Islamabad is calling for the lender to revise GDP’s prediction to 3.5%. Regional escalation to cause pressure Macroeconomic stability: IMF. Islamabad: The International Monetary Fund (IMF) evaluated the adjustment of more than 400 billion RS to the budgetary context, provided that expenditure is also reduced according to current use, The news reported on Tuesday. Parleys policy began between Pakistan and the IMF review visit. However, the Treasury informed the

October 3, 2025

News Desk

Customs reveal the duty and tax evasion fraud at Karachi Airport

Passengers are waiting at Jinnah International Airport after all domestic and international flights were canceled in Karachi on May 7, 2025. – AFP Authorities arrest suspects for illegal clearance. The single company avoided RS384 million in taxes in the past: Customs. Foreign employees of the ground company between suspects. Karachi: Customs authorities at Karachi Airport occupied electronic goods worth 103 million Rs, including laptops, iPads, iPhones, macbooks, playstations and memory cards, which were smuggled without paying duties and taxes. According to a statement issued by the Federal Revenue Council (FBR) on Friday, the Collective Customs immediately recorded two FIRs and

September 30, 2025

News Desk

FBR expands the tax return deadline on October 15

The Federal Revenue Council expanded the taxpayer’s deadline to submit income tax returns for the financial year 2024-2025 by 15 October. The deadline was expanded in response to requests for various business associations, tax associations and the general public. In a circular issued by the Federal Revenue Council (FBR) on Tuesday, it was announced that the last date of filing of income tax returns had been expanded in accordance with Article 214 (a) of the income tax decree, 2001. The FBR has clarified that the expansion would allow taxpayers additional time to comply with their deposit obligations, with the aim

September 30, 2025

News Desk

FBR excludes extension to the tax return deadline

A policeman walks beyond the Office Building of the Federal Revenue Council (FBR) in Islamabad, Pakistan, on August 29, 2018 – Reuters The deposit deadline officially closes at midnight tonight. Simplified return form available for easy submission. Extension of 15 days only after payment of the tax due. ISLAMABAD: The Federal Revenue Council (FBR) ruled out the extension of tax returns for the tax year 2025, saying that all eligible taxpayers must submit their returns by midnight tonight. In a statement, the FBR stated that the archive window is officially closed at 12 AM, after which those who do not

September 30, 2025

News Desk

No extension to the tax year 2025 Submission Deadline: FBR

A representation picture showing the FBR logo. – FBR file/file The Federal Revenue Council says September 30 remains a final deadline. Rejects non -verified reports circulating on media platforms. FBR’s IRIS platform is fully operational, the tax authority says. The Federal Revenue Council (FBR) rejected reports on Monday for expanding the deadline for filing tax returns for the tax year 2025, reiterating that September 30 remains the final date. In a statement, the tax authority stated that he was aware of the non -verified reports circulating on various media platforms indicating that the deadline would be expanded. “It should be

September 27, 2025

News Desk

FBR removes the column of estimated market value from the income tax form from the income tax form

A ruthless image of the Federal Revenue Council (FBR) building in Islamabad. – Apply/file Justice Minister Azam Tarar has led the Review Committee. Petroleum minister, Attorney General were also members. The Commission evaluated the impact of the new column on taxpayers. ISLAMABAD: The Federal Revenue Council (FBR) on Friday removed the “estimated market value column” from the 2025 income tax return form on Prime Minister Shehbaz Sharif to facilitate taxpayers. The prime minister was a committee, chaired by the Federal Minister for Senator Azam Nazeer Tarar, to examine the new column introduced by the FBB in the Iris tax return

September 25, 2025

News Desk

FBB clarifies changes to the income tax form 2025

This image released on March 3, 2022, shows the FBR building. – Facebook/Federal Revenue Board Taxpayers are afraid that they may need to start again. FBR says no new SO has been issued. The deadline for deposit for income tax returns remains on September 30. Islamabad: The Federal Revenue Council (FBR) issued a clarification on the changes made to the 2025 Income Tax Form, a few days before the deadline for returning. The deadline for filing income tax returns remains on September 30, FBR said. However, reports were reported that a new column had been added to the IRIS form,

September 24, 2025

News Desk

FBR scans social media to find tax evasion

The shopkeepers show bridal dresses to customers in a store in a fabric market in Karachi, Pakistan 23 September 2025. – Reuters Diamond sets and a light light show at a wedding of nearly millions of dollars have been proof of Pakistan’s tax authorities in the new “Lifestyle Monitoring Cell” in charge of scanning social media for rich expenditure, officials said. A team of 40 researchers from the Federal Revenue Council (FBR) began to clean Instagram, Tiktok and YouTube positions this week to match influences, celebrities, brokers and businessmen with disproportionate deposits. “They are open-springs-Their Instagram accounts are a public

Hamza Azhar SalamEditor — Hamza Azhar Salam · Write to us with suggestions or tips
Powered by: Frontpage.dev
WP Twitter Auto Publish Powered By : XYZScripts.com