Individuals or companies selling goods or services through online platforms will now be subject to tax
(Web Desk): The federal government has decided to bring e-commerce or online businesses into the tax net in the budget. Individuals or companies selling goods or services through online platforms will now be subject to tax.
Federal Minister for Finance, Muhammad Aurangzeb, presented the Rs17,573 billion Budget 2025-26, announcing relief for the salaried class with significant reductions across all tax slabs.
However, the budget also includes the government's decision to introduce the Digital Presence Proceeds Tax Act 2025, which will bring e-commerce or online businesses into the tax net.
Individuals or companies selling goods or services through online platforms will be subject to this tax. Additionally, tax will also be imposed on goods and services ordered online. E-commerce businesses will be required to submit complete data of their monthly transactions and tax reports to the relevant authorities.
Islamabad attack a message: 'All your areas are within our reach,' Pakistan to respond decisively: Khawaja Asif
- 2 گھنٹے قبل
Turkish military cargo plane crashes in Georgia, casualties reported
- 2 گھنٹے قبل
Voters signed up to deport criminals, not grandmas
- 17 گھنٹے قبل
Gold prices increase in Pakistan, global markets
- 2 گھنٹے قبل
Data-driven technological development essential for country: Ahsan
- 2 گھنٹے قبل
What the government shutdown means for air travel
- 17 گھنٹے قبل
Three martyred as operation against terrorists hiding inside Cadet College Wana underway: Nqvi
- 8 گھنٹے قبل
The Democrats’ big election revealed a hidden constraint on Trump
- 17 گھنٹے قبل
Cristiano Ronaldo says 2026 World Cup ‘definitely’ his last
- 2 گھنٹے قبل
At least 12 killed, 20 wounded in Islamabad blast
- 8 گھنٹے قبل
Death anniversary of A Nayyar observed today
- 2 گھنٹے قبل
PM Shehbaz orders swift completion of Jinnah Medical Complex Project
- 5 گھنٹے قبل
