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Pakistan’s Federal Board of Revenue (FBR) has extended the income tax return filing deadline to October 31, 2025. The move provides relief to taxpayers facing portal glitches and documentation delays, with officials confirming no further extensions.

In a move that could directly impact millions of households and businesses, the Pakistani government is weighing new tax measures on solar panels and internet services as part of its latest fiscal discussions with the International Monetary Fund (IMF). These proposals are part of a contingency plan, a financial backup to be used only if the … Read more

When Finance Minister Muhammad Aurangzeb unveiled Pakistan’s federal budget for FY 2025–26 on June 10, 2025, one of the most discussed measures was the introduction of an 18% general sales tax on imported solar panels. As Pakistan experiences a surge in solar adoption, this move—aimed at nurturing the local solar manufacturing industry—has left many weighing its long-term impacts. Let’s … Read more

When Pakistan rolled out its budget for fiscal year 2025–26 in June 2025, it promised a measure of relief for salaried workers, an increasingly vocal segment in a country grappling with inflation and widening fiscal deficits. But as with many government measures, the impact depends on who you are: a low-income urban worker, a mid-level … Read more

The federal budget for fiscal year 2025–26, unveiled on June 10, 2025, introduces significant reforms targeting the salaried class in Pakistan. These reforms strike a balance between targeted tax relief for low- and middle-income earners and increased revenue mobilization from higher-income brackets. Here’s a detailed analysis of what the changes mean for salaried individuals. 1. Tax Slab Revisions: Relief … Read more

The Federal Board of Revenue (FBR) is preparing to take a bold and strategic step in the upcoming Budget 2025–26. The authority plans to eliminate the 4% “further sales tax” that currently applies to supplies made by registered enterprises to unregistered buyers. Although this measure will lead to a temporary dip in revenue collection, the … Read more