Tue, 21-Oct-2025

FBR targets 2.8 million households to expand tax net

FBR

The Federal Board of Revenue (FBR) has decided to bring 2.8 million potential households into the tax net, sources revealed on Tuesday. This move is expected to boost the national economy by approximately Rs1.6 trillion. FBR spokesperson Bakhtiar Muhammad stated that while there are around 3.5 million individuals eligible to pay taxes in the country, … Read more

FBR imposes additional tax on selling of new cars

FBR

The Federal Board of Revenue (FBR) has imposed additional taxes on the selling of new cars within 90 days of purchase. Detailing about the new tax imposed, FBR said that the government has decided to impose close to Rs200, 000 additional withholding tax on the purchase of new cars. For 600 to 1000cc cars, there … Read more