Tag: FBR

Pakistan Federal Budget 2026-27 Maintains Existing Tax Stance on Cryptocurrency Assets

The Pakistan federal budget for 2026-27 opts against introducing new specific cryptocurrency taxes, maintaining the existing framework as the country transitions to a regulated digital asset market under the Virtual Assets Act 2026.

Pakistan Budget Proposes Massive Reduction in Withholding Tax on International Card Transactions

The federal government introduces strict penalties under the Finance Bill 2026 for taxpayers refusing digital integration and POS system deployment.

Government Explores Capital Gains and Transaction Tax on Cryptocurrency to Modernize Regulatory Framework

Pakistan prepares a formal tax framework for digital assets in the upcoming budget to cover capital gains and improve transparency.

Federal Government Plans Capital Gains Tax on Cryptocurrency Transactions in Budget 2026-27

Pakistan prepares to introduce a 20 to 30 percent capital gains tax on cryptocurrency trading under the Income Tax Ordinance for the upcoming fiscal budget.

Finance Minister Muhammad Aurangzeb Reaffirms Commitment to AI Driven Tax Reforms with ICAP

Finance Minister Senator Muhammad Aurangzeb meets ICAP delegation to discuss technology driven tax reforms AI led monitoring and institutional modernization in Pakistan.

FBR Achieves Major Milestone with Integration of 12950 Large Retailers into POS System

The Federal Board of Revenue integrates 12950 major retailers and over 35000 outlets into its real time POS system to enhance tax documentation and transparency.

Lucky Motor Corporation Successfully Integrates FBR Digital Invoicing System via Haball for Enhanced Compliance

Lucky Motor Corporation goes live on the FBR Digital Invoicing System through Haball to streamline automation and strengthen digital compliance in Pakistan.

PRAL Showcases Big Data Analytics and Revenue Tech to Khyber Pakhtunkhwa Management Delegation

Pakistan Revenue Automation Limited hosts KP Provincial Services Academy to demonstrate advanced tax evasion detection systems and national revenue infrastructure.

 FBR Links Over 12000 Major Retailers To POS System Fulfilling IMF Condition

The Federal Board of Revenue successfully integrates 12,861 Tier-1 retailers into its POS system to meet IMF documentation requirements and curb tax evasion.

Merit Packaging Goes Live on FBR Digital Invoicing System via Haball

Merit Packaging Limited integrates with the FBR digital invoicing system through Haball to enhance corporate transparency and digital compliance in Pakistan.

NITB and FBR Sign MoU to Boost Digital Service Integration Under DEEP

National Information Technology Board and Federal Board of Revenue partner under the Digital Economy Enhancement Project to integrate revenue services into a unified digital platform, enhancing efficiency, transparency, and citizen convenience.

FBR Introduces Withholding at Source for Sales Tax on Digitally Ordered Goods

The Federal Board of Revenue implements a new system for e-commerce taxation where payment intermediaries, courier services, and online marketplaces withhold sales tax at source, supported by a detailed IRIS user manual to ensure transparency, efficiency, and compliance.