ISLAMABAD — The Federal Board of Revenue (FBR) has taken a significant step towards regulating Pakistan’s growing digital economy by releasing a draft amendment to the Income Tax Rules 2002, aimed at bringing online marketplaces under the tax framework.
According to a Statutory Regulatory Order (SRO) issued by the tax authority, all e-commerce platforms will be required to provide seller-wise transactional records of goods and services ordered digitally. The data, to be submitted through prescribed forms A1 and A2, must include details such as the names and addresses of registered sellers, invoice numbers and values, sales tax withheld, and the amounts transferred into sellers’ bank accounts.
The draft rules also place compliance responsibilities on payment intermediaries and courier companies linked with online sales. These entities will need to furnish quarterly reports outlining transaction volumes, tax deductions, and deposits made to the FBR.
Officials said the move is designed to ensure transparency and expand the tax net to include a sector that has grown rapidly in recent years but remained largely undocumented.
The FBR has invited feedback from stakeholders, giving them seven days to raise objections or submit recommendations on the proposed amendments before they are finalized.
