Tag: Federal Board of Revenue

Tapal Tea Integrates FBR Digital Invoicing via Haball Wasl Platform to Boost Compliance

Wired webdesk -
Tapal Tea goes live on the FBR digital invoicing system using Haball's Wasl platform to streamline tax compliance and automate corporate financial reporting.

SBP Keeps Policy Rate Steady at Eleven Point Five Percent to Counter Double Digit Inflation

Regulatory webdesk -
The State Bank of Pakistan holds its benchmark policy rate at 11.5 percent during the final monetary policy committee meeting of fiscal year 2026.

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

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

Government Plans Capital Gains and Transaction Tax on Cryptocurrency in Budget 2026-27 to Formally Regulate Digital Assets

Crypto webdesk -
Federal authorities prepare a comprehensive tax and regulatory framework for cryptocurrency in Pakistan ahead of the upcoming fiscal budget 2026-27 to document the sector.

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

Crypto webdesk -
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.

FBR Proposes Stricter Penalties for Digital Invoicing Non Compliance in Finance Bill 2026 Under IMF Reforms

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

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

Payments webdesk -
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.

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

Regulatory webdesk -
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.

FBR Confirms Implementation of 25% Tax Reduction for Women-Owned Startups in Pakistan

Regulatory webdesk -
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 Imposes High Checkout Taxes on Pakistani Orders Even After Government Withdraws 5% Digital Levy

e-Commerce webdesk -
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.

FBR Mandates Integration of Debit/Credit Card Machines and QR Codes at All Sales Points

Regulatory webdesk -
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.

FBR Amends Sales Tax Rules to Enforce Electronic Invoice Integration and Combat Fake Invoicing

Regulatory webdesk -
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.