Sales Tax

2 mins read

FBR Mandates E-Commerce Platforms to Withhold Sales Tax at Source

webdeskTagged , , , , , , , , , , ,

Pakistan’s Federal Board of Revenue (FBR) has introduced a significant reform aimed at strengthening tax compliance in the rapidly expanding e-commerce sector. Under the new framework, sales tax on goods ordered through digital platforms will now be withheld at source, ensuring more efficient and transparent tax collection. The move places the responsibility of tax deduction […]

Read More
2 mins read

IMF makes new demands from Pakistan under $7bn loan program

webdeskTagged , , , , , , , , , ,

The International Monetary Fund has reportedly placed fresh demands on Pakistan under the ongoing $7 billion loan program, with potential implications for the country’s emerging electric and hybrid vehicle industry. According to sources, the new conditions focus on ending long-standing sales tax exemptions that were introduced to promote cleaner and locally manufactured transportation. Sources familiar […]

Read More