4+ day, 3+ hour ago   (613+ words) Karachi Tax Bar Association urges FBR to extend the Tax Year 2026 return deadline, citing increased disclosures, IRIS issues and growing compliance demands. KARACHI: The Karachi Tax Bar Association (KTBA) has urged the Federal Board of Revenue (FBR) to extend the…...

5+ day, 10+ hour ago   (434+ words) FBR outlines new withholding and final-tax rules on certain life insurance and family takaful payments introduced through the Finance Act, 2026. ISLAMABAD: The Federal Board of Revenue (FBR) has explained the new tax regime on certain life insurance payouts introduced through…...

6+ day, 7+ hour ago   (593+ words) FBR outlines rules for adjusting losses against taxable income and restrictions on set-off and carry-forward under the Income Tax Ordinance, 2001. ISLAMABAD: The Federal Board of Revenue (FBR) has explained the rules governing the set-off of losses against income for Tax…...

6+ day, 6+ hour ago   (421+ words) ISLAMABAD: The Federal Board of Revenue (FBR) has outlined the group taxation rules for Tax Year 2027, explaining how qualifying holding and subsidiary companies can elect to be treated as a single fiscal unit under the Income Tax Ordinance, 2001. The FBR…...

1+ week, 1+ day ago   (350+ words) The Federal Government can reduce certain minimum-tax withholding rates by up to one percentage point where the tax burden threatens the economic viability of businesses. ISLAMABAD: The Federal Board of Revenue (FBR) has clarified the provisions governing the rationalisation of…...

1+ week, 1+ day ago   (335+ words) FBR says certain resident individuals who become tax residents through employment may receive an exemption on foreign-source income for Tax Year 2027, subject to specific conditions. The Federal Board of Revenue (FBR) has clarified the tax exemption available on foreign-source income…...

1+ week, 1+ day ago   (241+ words) Gold prices in Pakistan declined sharply on September 5, 2026, following a drop in international bullion prices, with 24-karat gold falling Rs3,600 per tola. Gold prices in Pakistan recorded a significant decline on Saturday, September 5, 2026, as domestic bullion rates moved lower in line…...

1+ week, 2+ day ago   (490+ words) The government has lowered the petrol price to Rs345.87 per litre while raising HSD to Rs378.05, effective from September 5, 2026. ISLAMABAD: The government has reduced the petrol price by Rs3.13 per litre while increasing the price of High-Speed Diesel (HSD) by Rs3.74 per litre for…...

1+ week, 5+ day ago   (495+ words) FBR outlines cash and accrual accounting rules and explains the tax treatment of unpaid liabilities and changes in accounting methods. ISLAMABAD: The Federal Board of Revenue (FBR) has explained the accounting methods to be used for computing taxable business income…...

1+ week, 6+ day ago   (305+ words) Domestic 24-karat gold falls to Rs465,336 per tola as international bullion prices decline amid geopolitical and inflation concerns KARACHI, September 1, 2026: Gold prices in Pakistan extended their decline on Tuesday, with the price of 24-karat gold falling by Rs800 per tola amid continued…...