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Category: Budget 2025-26

Pakistan Budget 2025–26 presents fiscal strategy, tax reforms, development spending, and policy measures aimed at economic stability.

Tax Budget

Banks and tax fraud: FBR ends long-standing immunity

August 10, 2025August 10, 2025Shahnawaz Akhter

Karachi, August 10, 2025 – In a major crackdown on financial malpractice, the Federal Board of Revenue (FBR) has shattered the long-standing belief that banks are immune from legal consequences when involved in tax fraud.

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Federation of Pakistan Chambers

FPCCI welcomes reversal of harsh tax measures

August 8, 2025August 8, 2025Shahnawaz Akhter

Karachi, August 8, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has warmly welcomed the government’s decision to roll back several controversial tax provisions introduced in the federal budget for the fiscal year 2025–26.

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PBC Proposals

FBR uses new FED to track poultry sector output

August 8, 2025August 8, 2025Shahnawaz Akhter

ISLAMABAD, August 8, 2025 — The Federal Board of Revenue (FBR) has announced that the recently imposed Federal Excise Duty (FED) on day-old chicks (DOCs) will serve as a powerful tool to monitor production in Pakistan’s vast poultry sector.

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FBR - Taxation

FBR officially withdraws FED on immovable property

August 8, 2025August 8, 2025Shahnawaz Akhter

ISLAMABAD, August 8, 2025 — In a major policy shift welcomed by the real estate sector, the Federal Board of Revenue (FBR) has officially withdrawn the Federal Excise Duty (FED) on the allotment or transfer of immovable property.

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FBR Blue

FBR limits input tax adjustment, implements CRM framework

August 8, 2025August 8, 2025Shahnawaz Akhter

KARACHI, August 8, 2025 – The Federal Board of Revenue (FBR) has announced new restrictions on input tax adjustment, linking the process to its Compliance Risk Management (CRM) system.

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finance act 2025

Finance Act 2025 sets retail price for imported goods: FBR

August 6, 2025August 6, 2025Shahnawaz Akhter

Karachi, August 6, 2025 – The Federal Board of Revenue (FBR) has announced a significant policy change under the Finance Act, 2025, aimed at enhancing transparency and revenue collection through the regulation of retail pricing for imported goods.

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capital gain tax

NCCPL explains revised tax regime under Finance Act, 2025

August 5, 2025August 5, 2025Shahnawaz Akhter

Karachi, August 5, 2025 – The National Clearing Company of Pakistan Limited (NCCPL) on Tuesday issued a detailed circular outlining the revised tax regime for capital markets as introduced through the Finance Act, 2025.

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solar electricity

FBR ends tax exemption on imported solar panels

August 4, 2025August 4, 2025Shahnawaz Akhter

Karachi, August 4, 2025 – The Federal Board of Revenue (FBR) has officially announced the withdrawal of the sales tax exemption previously available on imported solar panels, marking a significant shift in Pakistan’s solar energy policy.

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FBR - Taxation

FBR limits income tax audit immunity to three years

August 4, 2025August 4, 2025Shahnawaz Akhter

Karachi, August 4, 2025 – The Federal Board of Revenue (FBR) has announced a significant policy shift, limiting the immunity from income tax audit to a period of three years, following amendments introduced in the Finance Act, 2025.

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FBR Pakistan Karachi

FBR quells uproar with clarification on 37A provision

August 4, 2025August 4, 2025Shahnawaz Akhter

Islamabad – August 4, 2025: Amid a wave of fury sweeping across Pakistan’s business community, the Federal Board of Revenue (FBR) has finally broken its silence on the much-feared Section 37A of the Sales Tax Act, 2025.

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  • Bank Alfalah receives SBP approval for Rs20 billion TFC issuance
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