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News
Pakistan enforces special tax procedure for shopkeepers
3+ hour, 10+ min ago (669+ words) New FBR scheme offers 1% turnover tax, simplified returns, audit relief and Green Plate recognition for eligible retailers ISLAMABAD: Pakistan has formally enforced a special income tax procedure for small shopkeepers with an annual turnover of up to Rs200 million, introducing a…...
Sindh Withdraws 5% Sales Tax for Beauty Parlours
1+ mon, 1+ week ago (379+ words) Beauty parlours and salons to continue paying reduced 8% sales tax as POS integration becomes mandatory KARACHI, June 19, 2026: The Sindh government has withdrawn the concessional 5 percent sales tax rate available to beauty parlours and physical well-being service providers under the Sindh…...
Fixed Tax Scheme Launched for Retailers in Pakistan
1+ mon, 2+ week ago (251+ words) Simplified “Asaan” tax regime aims to expand formal retail sector ISLAMABAD, June 12, 2026 — Pakistan launches fixed tax scheme for retailers under Rs200 million annual turnover as part of Budget 2026–27, introducing a simplified taxation structure aimed at improving compliance and widening the tax…...
FBR blocks fraudulent sales tax refund claims worth Rs9.8 billion
1+ mon, 2+ week ago (281+ words) The Federal Board of Revenue’s transformation plan yields rapid results, doubling tax return filings and exposing massive fraudulent activities. ISLAMABAD: The Federal Board of Revenue (FBR) has successfully blocked fraudulent sales tax refund claims amounting to Rs9.8 billion under its ongoing…...
PRA Seals 9 Businesses in Tax Crackdown in Punjab
1+ mon, 2+ week ago (274+ words) Enforcement drive targets defaulters, with food outlets, builders and housing societies penalised for tax violations. LAHORE: The Punjab Revenue Authority (PRA) has intensified enforcement actions against tax defaulters across multiple cities in Punjab, sealing nine business premises and issuing warning…...
SBP Launches Go Cashless Campaign for Eid-ul-Azha 2026
2+ mon, 1+ week ago (326+ words) Central bank expands digital payments initiative to 96 cattle markets across Pakistan The State Bank of Pakistan has launched a nationwide “Go Cashless” campaign for Eid-ul-Azha 2026 aimed at promoting secure and convenient digital transactions in cattle markets across the country. The…...
FBR moves major MNC cases to LTO Karachi for tax scrutiny
4+ mon, 1+ week ago (269+ words) Pkrevenue.com Karachi, March 16, 2026 â The Federal Board of Revenue (FBR) has transferred the cases of several major multinational companies (MNCs) to the Large Taxpayers Office (LTO) Karachi to strengthen corporate tax oversight and ensure compliance with domestic tax laws…...