Govt cuts export tax deduction to 1.25%, rolls out faceless FBR model
The government has reduced the tax deduction on export proceeds to 1.25% from 2% while moving ahead with a centralized, faceless tax audit and assessment system aimed at reducing direct interaction between taxpayers and FBR officials.
September 06, 2026 (MLN): The government has reduced the tax deduction on export proceeds to 1.25% from 2% while moving ahead with a centralized, faceless tax audit and assessment system aimed at reducing direct interaction between taxpayers and FBR officials. Minister of State for Finance and Revenue Bilal Azhar Kiyani announced the measures while addressing the business community at the Lahore Chamber of Commerce...