Finance Act 2025 tightens tax rules for businesses, filers – Business & Finance
LAHORE: The Finance Act 2025 has brought significant amendments to the Income Tax Ordinance, 2001, impacting businesses and taxpayers. However, the Federal Board of Revenue has incorporated these changes with an aim to broaden the tax base, increase revenue generation, and promote transparency in the tax system. Key amendments included disallowance of business expenditure, purchases