- Major reforms in sales tax and federal excise laws effective from August 2
- Action against those assisting in tax theft
- Implementation of cargo tracking system and e-invoicing regulations
- Fines for errors in digital bills related to cargo movement
- Banks responsible for tax deduction on cash-on-delivery and online payments
- Digital sales must be registered with the Federal Board of Revenue
- Unregistered businesses face sealing or confiscation of accounts, properties, and operations
- Real-time entry of sales tax invoices mandatory for transparency
- Federal Excise Duty of ten rupees on chick births in poultry sector
- Abolishment of FED on transfer of plots
- Mandatory digital tracking against tax evaders
- Confiscation of vehicles and goods for fake cigarette and beverage production
- Gradual increase in sales tax on industrial units in FATA and PATA from 2025 to 2029
Source: dunyanews.tv
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
