FBR Introduces 5% Tax on Social Media Income for Tax Year 2027
The Federal Board of Revenue (FBR) has introduced a new 5% withholding tax on qualifying income received from social media…
New Tax on Life Insurance Payouts in Pakistan: What You Need to Know
The Federal Board of Revenue (FBR) has introduced a new tax framework for certain life insurance and family takaful payments…
FBR Introduces Super Tax Exemption for Qualifying Exporters from Tax Year 2027
The Federal Board of Revenue (FBR) has introduced significant changes to Pakistan’s super tax framework, including a complete super tax…
FBR Requires Banks to Report High-Value Account Data Above Rs100 Million
Pakistan’s tax administration is moving towards greater digitalisation with new measures aimed at improving tax compliance and identifying significant discrepancies…
FBR Introduces Algorithmic Tax Settlement Mechanism Under Finance Act 2026
A New Digital System for Settling Tax Proceedings in Pakistan The Federal Board of Revenue (FBR) has introduced an Algorithmic…
FBR Introduces New Faceless Tax Regime Under Finance Act 2026
A New Digital Approach to Tax Audits, Assessments and Appeals in Pakistan The Federal Board of Revenue (FBR) has introduced…
Set-Off of Losses Against Income in Pakistan – Tax Year 2027
Understanding Tax Loss Adjustment Under the Income Tax Ordinance Taxpayers in Pakistan may be allowed to adjust certain losses against…
FBR Tax Exemption for Returning Expatriates in Pakistan – Tax Year 2027
Foreign Income Tax Exemption for Overseas Pakistanis Returning to Pakistan Pakistani citizens returning home after living abroad may be eligible…
Agricultural Income Tax Exemption in Pakistan for Tax Year 2027
Agricultural income in Pakistan continues to be exempt from federal income tax for Tax Year 2027 under Section 41 of…