Tag: Federal Board of Revenue

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.

The Federal Board of Revenue will introduce tough penalties in Finance Bill 2026 for digital sales tax invoicing violations to meet IMF reform targets.

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.

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.

Federal Board of Revenue (FBR) officially confirms deployment of 25% tax reduction for startups wholly owned by women entrepreneurs, reinforcing support for female-led businesses in Pakistan’s tax system.

AliExpress has started adding high taxes at checkout for Pakistani customers—sometimes exceeding 70% of the product value—despite the government’s rollback of the 5% digital presence tax on foreign e-commerce platforms.

The Federal Board of Revenue has updated its Sales Tax Rules 2006, requiring all integrated businesses to enable debit and credit card machines, QR codes, and other digital payment options at every sales point, alongside stricter compliance and monitoring measures.

The Federal Board of Revenue (FBR) has introduced significant amendments to the Sales Tax Rules, focusing on mandatory integration of electronic invoicing systems and granting commissioners authority to suspend registrations for fake invoices, enhancing transparency and compliance in Pakistan’s tax regime.