Tag: tax reform Pakistan

Punjab Finance Bill 2026 Proposes Sales Tax Adjustment on Digital Restaurant Payments to Secure Documented Economy

Punjab Revenue Authority adjusts the provincial sales tax on digital restaurant payments from 5% to 8% while maintaining standard cash transaction rates at 16% under the Punjab Finance Bill 2026.

FBR to Restructure PRAL into Advanced Digital Tax Entity to Strengthen Pakistan’s Revenue Ecosystem

FBR is set to restructure PRAL into a cutting-edge digital tax entity, enhancing technological capacity and operational efficiency without disrupting services or support systems for taxpayers.